Core Values
Belief in people and talent development
We believe in human capital and the transformative potential of talented operating executives and motivated employees. Since 2012, our investment strategy has centered on the ability of our experienced Operating Partners to drive fundamental improvement in the businesses we acquire. We understand the powerful effect that outstanding leadership can have on employees throughout an organization. Business transformation is an “all hands” effort, and we recognize the importance of building a winning and supportive culture throughout an organization.
Focus
We have a deep interest in understanding the dynamics of each company we support and in developing the detailed knowledge that underpins all successful business strategies. Rather than manage a large portfolio of investments from a high-level perspective, we choose to focus our attention in a sustained way on a small group of businesses we know well.
Strong work ethic
Born out of our experience with complex businesses with management and financial challenges, we believe that success results from diligent work, rigorous analysis, and sound judgement. To the extent we fall short of our goals, our shortcoming will not result from a failure to give the effort everything we had.
Lasting corporate stewardship
Our long-term investment horizon allows us to support decisions, strategies and investments to build businesses for sustained success. We try to make a positive impact on the people, communities, and constituencies of our companies that will extend long after our involvement.
Integrity and partnership
We strive to work in a constructive, straightforward manner with the highest level of integrity. Consistent with the values of our firm’s principals, we believe that working in a respectful and collaborative way with management teams, employees, customers, vendors, investors, lenders, intermediaries, and co-owners of our businesses is a critical element of building lasting and superior enterprise value.
Long-term perspective
Our investors expect us to achieve exceptional returns over a long-term investment horizon, and not to churn our portfolio of businesses for short-term gains. We know that real business transformation takes time, and we back executive teams patiently as they do the hard work necessary to build great businesses and create fundamental enterprise value.
Humility
We endeavor to be humble, approachable, and grounded, knowing that we don’t always have the best answer. Relationships and mutual respect ground our approach to both business and people, and we recognize that outstanding executive leaders require freedom and autonomy to execute.