I could really use some help uncovering industries to go after.
The main attributes I'm searching for in an acquisition include:
B2B Services (My background)
Recurring / Contractual Revenue
Low Cyclicality / Seasonality
Low Ongoing Capital Expenditure Needs
Resistant to Macro Economic Trends & Customer Price Sensitivity (as in, It serves a Critical Need in the Business)
Large Addressable Market with Little Business Consolidation (Fragmented), or
An Obscure, Out-of-Sight Business Segment with Few Competent Competitors.
Low Risk of Technological Obsolescence
Low Risk of Regulatory Threats
Non-Commoditized (No “Race to Bottom”)
High Competitive Barriers
I might be wasting my time hunting a unicorn, because the only things that come to mind are:
1: Technology-Enabled B2B Services (Excluding Marketing Services)
2: Business Process Outsourcing
3: Regulatory & Compliance Related Services
4: Facilities Management (Maybe)
Any ideas as to what industries I could be missing?
As a final note, I'm looking USA-wide that may be run as absentee.