We invest in enduringly profitable small businesses.
The growth potential of venture capital. The fundamentals of private equity. An AI-native PE firm with a cutting-edge, AI-first tech enablement strategy.
Our Investment Themes
Four investment themes that drive our strategy and create sustainable competitive advantages.
Staying Power
We target companies with sustainable earnings power — essential services, 10+ years of operating history, and the resilience to endure multiple economic cycles.
Incentive Alignment
Economics aligned between buyer and investors, robust governance, and operators well-positioned to execute — creating accountability at every level.
Asymmetric Bet
A credible path to outsized returns — search funds have averaged ~30% IRR (Stanford) — combined with a healthy margin of safety and conservative deal structures.
Margin of Safety
We seek acquisition terms that provide downside protection. Our portfolio averages a 3.9x purchase multiple — 15% below market — with credit metrics 24% less risky.
Our Process
A disciplined, repeatable approach to acquiring and growing enduringly profitable businesses.
Diligence
Rigorous financial, operational, and market analysis to identify businesses with durable competitive advantages.
Planning
90-day transition plans, management assessment, and strategic roadmaps built before closing.
Execution
Hands-on operational support, growth initiatives, and add-on acquisition strategies to accelerate value creation.
Tech Enablement
AI and automation implementation, CRM modernization, and data analytics to transform traditional businesses.
A Boutique Experience
Unlike large institutional funds, we provide hands-on partnership with every portfolio company and investor relationship.
- Direct access to managing partners on every deal
- Personalized investment recommendations based on your criteria
- Transparent reporting and regular portfolio updates
- Exclusive co-investment opportunities alongside the fund
3.9x
Avg. Purchase Multiple (15% Below Market)
250+
Deals Reviewed
24%
Less Risky Credit Metrics
$11B+
Transaction Experience
22%
Less Burdensome Fees
Experienced Leadership Team
Combining institutional finance expertise with proven entrepreneurial success.
Sean Smith
Managing Partner
Institutional finance expertise from CIBC ($11B+ in transactions) and M&A advisory at Applico Capital.
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Nick Bryant
Founding Partner & Anchor Investor
NASA Intelligent Robotics Group, Lockheed Martin, C-suite technical founder at Roobet.com (top iGaming property). Deep expertise in AI-first tech enablement.
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Market analysis, investment frameworks, and perspectives on lower middle market opportunities.
Free Guide
The Self-Funded Search Guide
Everything you need to know about self-funded search — from raising capital to closing your first deal.
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