Horizon Partners acquires companies with significant growth prospects and potential for above-average profitability.
I. Company-Specific Characteristics
Product/Service Line
Proprietary product/service differentiation
Minimal fashion or "fad" content
Leadership position within market niches
Limited risk of technology obsolescence
Low cost producer
Strong Management Team
Significant industry experience
Successful financial track record
Desire for equity participation
Financial
Sales: $10-100 million range
Gross margins in excess of 25%
Profitable
Potential for synergistic acquisitions of companies in
related businesses
II. Industry Characteristics
Non cyclical
Competitive barriers to entry
Fragmented market/market share growth opportunities
International expansion opportunities
III. Industry Preferences
Manufacturing, distribution, and service industries
Particular interest in companies in the food, specialty chemicals, packaging, general industrial, printing, consumer products, business and financial services, electronics, and plastics industries.
IV. Purchase Price
$3-50 million