Tri-Cap Acquisition Criteria
Our Philosophy
Tri-Cap Equity Partners seeks to acquire businesses that are typically too large for an individual to purchase and too small for an equity group to acquire. Whether we are acquiring a healthy, stagnant or turnaround situation, our companies will benefit from Tri-Cap’s enhanced financial and operational/management controls while executing a growth plan through enhanced sales and marketing efforts usually found in larger Private Equity Groups.
In many cases, TCEP will discover companies that operate in fragmented industries with opportunities for consolidation. While we may be searching in a wide variety of industry sectors, our primary objective is to acquire platform companies and make additional acquisitions in that industry sector. In many cases, we will search for businesses in adjacent industry sectors that have common customers and/or synergies.
Our Interest
Company Interest
- Location – NC/SC/VA
- Consolidation Opportunities
- Path to Growth, Value or Restructuring
- Ownership plans to exit the business
Industries of Interest
- Services (Business, Industrial, Professional or Consumer)
- Distribution with Services Component
- Light Manufacturing
- Athletics/Sports Related Businesses
Financial Criteria
- Annual Revenues of $2 million to $20 million
- Healthy, Breakeven or Turnarounds
- No requirements for add-on candidates
- Ability to close larger transactions via syndication
Portfolio
Opti-Ecom
Opti-Ecom LLC, is the exclusive online retail distributor for Rainforest Naturals Supplements and Nutraceutical Products. We are currently marketing the Reparagen brand of Joint Health products on the Amazon platform. Additional products and platforms are in the process of being added to the lineup.
Previous Investments
Confidential HCC
Acquired eight regional hearing care centers and opened four new locations in adjacent markets. Many of these centers were underperforming or at breakeven from a profitability standpoint. The centers were re-branded, revamped the marketing/sales programs, added new products and stabilized operations.
Exited the consolidated operations for a 7.5X return on invested capital.
Confidential HPD
Acquired a home products distributor with a retail subsidiary that was underperforming from a margin perspective. Drastically changed the product offerings at lower cost, right sized operations, increased sales and improved company gross margin percentage by twenty percent.
Exited the business for a 4.5X return on invested capital.
Confidential ITS
Principal in an IT Services Company that was sold to a consolidator.
Exited the business for a 4X return of invested capital.