Criteria

Home / Focus / Criteria

Aligned Partners

Together, we capitalize the promise and potential of closely-held companies. Over the long-term, our partnerships with owners and management teams are built on close collaboration, a common vision and shared incentives.

New platform investments often include the following characteristics:

Security Type Common or Preferred Equity
Target Performance Companies with $3 million - $10 million of EBITDA
Geographic Focus United States & Canada
Economic Ownership Control or shared control with appropriate rights
Partnerships Third Century invests alongside business owners, management teams, established equity groups, search funds, and independent sponsors to create long-term partnerships
Coverage Areas Diversified Business Services
Specialized Services: IT, Healthcare, Financial
Distribution and Logistics
Light Manufacturing
Industrial and Consumer Products
Transaction Types Liquidity and growth capital for corporations, entrepreneurs, passive investors, family offices and estates in the form of management buyouts, corporate divestitures, recapitalizations, new business platforms and generational asset transfers
Management Teams Proven, in place and prepared to partner
Investment Selectivity Up to 3 commitments annually
Add-on Acquisitions High interest, with no preset performance parameters
Corporate Governance In conjunction with our management partners and relationship network, Third Century works to place qualified independent directors on our portfolio company boards