Investment Criteria

TDP adheres to a highly disciplined investment screening process and focuses its efforts on opportunities that fit the below set of criteria:

Financial Criteria

  • < $50 million of annual revenues
  • $1 – $5 million of annual EBITDA (cash flow positive)
  • No minimum financial requirements exist for add-on acquisition opportunities

Business Criteria

  • Stable to positive underlying demand trends
  • Fragmented sectors with availability of add-on acquisition candidates
  • Differentiated companies with a sustainable value proposition and attractive business model
  • Ability for TDP to add significant value (strategic overlap with TDP team's experience)
  • Strong management teams interested in a true partnership with TDP

Transaction Structure Criteria

  • Control ownership investments
  • Material co-investment from owners and/or management
  • Utilization of conservative financing

Industry & Geographic Criteria

  • Focused on a number of stable or growing industries in the U.S. and Canada
  • Bias for healthcare, consumer, agriculture, and business services sectors in the midwest