Candescent Partners invests in the buyout, recapitalization and growth of dynamic lower middle market companies in fragmented industries.
SCROLL
Our approach is to identify well-managed, founder-led companies in fragmented sectors of healthcare, business services and software. After partnering with an initial platform company through acquisition or recapitalization, Candescent Partners will agressively pursue growth through additional complimentary acquisitions as well as new organic growth strategies.
Our goal is to establish a professionally-managed enterprise that can take advantage of acquisition and organic growth opportunities through our experience in developing entrepreneurial businesses in the lower middle market.
Investment Criteria
Investments
$10 million to $30 million
Preferred equity, mezzanine debt or an advantageous blend of both
Ownership positions range from 50% to 100%
Preferred Sectors
Healthcare services
Consumer products and services
Business services
Software
Financial Profile
Annual revenue of $10 million to $50 million
Annual EBITDA of $2 million or more
Enterprise values of $15 million to $75 million
Uses of Capital
Buyout
Shareholder liquidity
Complimentary acquisitions
Our Approach
At Candescent, we are there where and when you need us. Our knowledge, coupled with broad expertise and experience has built a long and successful track record in helping our partners excel. A strongly aligned approach is the foundation of our philosophy.
Active partner committed to working with management to maximize value
Advice on best management practices and models
Facilitate introductions to resources for management
Board representation
Day to day operations of the business is left to management, regardless of our equity ownership