Our Focus
Our goal is to build noteworthy companies of lasting value to customers, employees, shareholders, and communities alike. We believe that we can create long-term value through driving operational effectiveness, business model innovation, and effective execution. Accordingly, we look for companies that have the potential to grow both organically and through a combination of acquisitions; and that have the potential to improve operationally.
What We Look For
We seek to partner with privately-held, profitable companies to provide capital, operating experience and leadership, enabling them to grow and transform.
Although Argo is prepared to consider a broad range of opportunities, we are looking to invest in firms that generally meet the following criteria:
Industries
Business Services: Service providers that leverage technology, information assets or a unique business process or strategy to deliver value to their customers.
Healthcare Services: Healthcare services companies with an established customer base and a scalable business. We avoid medical devices and biotechnology.
Consumer: Manufacturers of consumer oriented products and consumer services companies that compete in markets that are well established and not typically subject to the risks associated with economic cycles and technological obsolescence.
Niche Manufacturing: Manufacturers that develop or reposition products and services in a way that adds value to a distinct customer base.
Financial Criteria
Revenues: Revenues ranging from $5 to $30 million.
Profitability: EBITDA of at least $1.0 million. EBITDA Margins greater than 10%.
Earnings History: 3+ year history of profitability.
Growth: Business should have excess capacity for internal growth, and should be scalable for follow-on acquisitions.