Investment Criteria Progression Equity considers acquisitions in all industries except professional services (legal, consulting, accounting, etc.). We are interested in companies with the following characteristics:
- Established operations with a history of profitability
- Operating profit/cash flow of between $1.0 million and $10.0 million
- Owners who rely heavily on key managers to maintain and manage their business
While we are attracted to companies with significant growth potential, our investment success is not predicated on improbable hockey stick-like growth. Instead, our investment success is achieved through fair but disciplined acquisition pricing, the use of appropriate financial leverage and the methodical retirement of debt. Rather than placing unrealistic expectations on management, we collaborate with them to systematically build value and improve financial performance. Acquisition Price We typically value companies on a multiple of operating profit or cash flow. Acquisition multiples can vary depending on competitive dynamics, growth potential, capital investment requirements and financial leveragability, among several other factors. Contact us today to learn more about our unique and powerful acquisition approach. We acquire businesses and preserve
their legacies.
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