Investment Parameters

Core Philosophies

Partners with management.
Create superior investment returns through growth, not financial engineering.
Value-added investment monitoring approach combining Parallel's growth investment experience with the expertise of seasoned operating partners.
Invest only where able to bring more than money to the investment.

Company Characteristics

Growing businesses with committed operators focused on taking their company to the next level.
Revenues of at least $10 million with a historical growth rate of at least 10% excluding acquisitions.
Current year EBITDA of at least $3 million with 3 year history of positive cash flow.
Headquartered in North America.

Transaction Types

Recapitalizations – Entrepreneurs who seek personal liquidity to unlock value created in their business and pursue asset diversification while retaining operating control, allowing them to continue to be "value creators" versus "asset protectors".
Growth Capital Investments – Positive cash flow companies that need capital and resources to expand their businesses, reduce financial leverage, complete a strategic acquisition or pursue other growth initiatives.
Buyouts of Growth Companies & Divisions – Management teams who want to grow rapidly while reducing operational and financial risks.

Investment Size & Structure

Equity investments of $5 - $20 million.
Total enterprise value range of $15 - $75 million.
Control and significant non-control investments.
Structures are flexible and creative to fit the needs of the company and its owners (common and preferred equity and/or subordinated debt).