Investment Criteria
Catalyst makes equity investments in companies where our industry knowledge, network of relationships, operating experience and active board participation will add value. We focus on companies with the following characteristics:
| Investment Size | $10 million – $40 million. Co-investment with our LPs and industry network give us the capability to lead transactions requiring additional equity |
|---|---|
| Target Size | Less than $150 million enterprise value |
| Transaction Types | Growth buyouts, expansion capital, roll-ups |
| Key Attributes | Proven business models and customer demand Strong franchises or defensible market positions Significant market opportunity |
| Investment Structure | Convertible or participating preferred stock; occasional use of moderate financial leverage if appropriate |
| Ownership | Control or influential minority positions |
| Board Seat(s) | Yes |
| Geography | Primarily North America |
| Target Holding Period | 3–7 years |