ATTN: searchers seeking companies with $1-3m in EBITDA, what are your theses?
Often, in a conversation with a searcher, I'll hear that they are seeking a $1-3m EBITDA service company in a targeted geography. Regularly, it's the region they live in today. Sometimes, it's the MSA they want to settle down in with their family. Rarely, is it because that particular geo fulfills a core pillar of their underlying thesis. In fact, I don't often hear many searchers share much detail on why they are pursuing a particular company-type in general, beyond something like the idea of achieving stable cash flows from a repeatable service business. I'm about to kick off my next thesis within (i) Intelligent Infrastructure, (ii) Tech-Enabled Services, and/or (iii) Health, Wellness & Lifestyle. If you have a targeted search or project underway within any of these categories, and you have a particular viewpoint on the sector, I'd love to hear from you and perhaps make the intro and trade thoughts.