Sectors
- Industrial Operations and Manufacturing in Oil & Gas, Telecoms, Nuclear, Rail, Aerospace and Food Process Equipment.
- Construction and Real Estate in Major New Build, Fit-out, Redevelopments, Property Development and Property Investment.
Geography - Headquartered In
- North America -Eastern USA preferred
- UK
Financials
- Revenues typically in the range of $5m to $100m
- Must have good earnings growth potential but can be currently loss-making
- Initial investment likely to be up to $25m
- Debt and equity funding
Typical Investment
- Purchase of non-core businesses from plc's or larger private businesses
- Support of management teams in MBO's of private businesses
- Secondary buy-outs and refinancing packages
- Pre-packaged businesses (out of Chapter 11 or Administration)
Structure
- Preferably management remain with the business and hold equity
- Headway hold a minority interest and have a non-executive or similar role
- Investing partner to be an equity holder
- Upfront clarity on future investment requirements and on any exit strategy