Our Strategy

We focus on lower middle-market companies led by entrepreneurial managers, operate in sectors we know well with long-term growth trends, and provide opportunities for us to materially influence the trajectory of the business

Sector-Focused Investors

Thematic investment strategy, targeting core industrial and infrastructure services sub-sectors

  • Environmental & Waste Services
  • Facility Services
  • Industrial Technology
  • Marine, Road, & Rail Services
  • Niche Manufacturing
  • Safety & Compliance Services
  • Specialty Chemicals
  • Testing & Inspection
  • Transportation & Logistics
  • Water & Wastewater Services
Investment Criteria
  • $5MM to $15MM of EBITDA for new platforms; add-on acquisitions of any size
  • Gulf Coast and greater Southern U.S. focus; ability to invest throughout North America
  • Family-/founder-owned companies; 1st institutional capital
  • Control equity investments in management buyouts, recapitalizations and corporate carve-outs
  • Management with leadership capabilities; looking for an active partner to grow
  • Defensible barriers to entry; competitive "moat"
  • High cash flow generation with strong margins

Value Creation Playbook

Carr's Hill creates value through a refined "playbook" of repeatable processes
Strategy & Bolt-on Acquisitions
  • Develop growth plan in collaboration with management
  • Update critical operating practices
  • Cultivate M&A pipeline
  • Target new commercial relationships
Human Capital & Governance
  • Appoint board directors with industry experience
  • Establish management incentive plans
  • Recruit strategic hires
Operations & Systems
  • Build and track KPIs
  • Invest in financial, IT, & operational structure
  • Provide ample liquidity for growth and organic investment