The principals of Slate have significant experience in both running small-to-mid-sized companies and investing in leveraged buyout transactions. Slate’s primary areas of focus include business services, distribution, light manufacturing, and food & beverage investments.
Slate targets companies with annual EBITDA of $3-15 million.
We are flexible as to structure and will consider transactions involving growth capital, acquisition capital, management buyouts, leveraged acquisitions, recapitalizations, ownership restructuring of family controlled businesses, and shareholder liquidity events.
Our approach is to acquire/invest in one or two new companies per year and focus on their success, rather than striving for a larger volume of deals and a “portfolio” return. The Slate professionals are deeply involved with our portfolio companies – this involvement can range from a full-time management position to being an active board member.
The Slate principals invest their own capital alongside their investors, who are mostly wealthy individuals and family offices. As such, our capital is patient, and we are comfortable with much longer holding periods than typical private equity funds.
Slate targets business services, distribution, light manufacturing, and food & beverage businesses.
Key Business Characteristics
Stable or recurring revenue
Identifiable growth opportunities
High returns on invested capital/limited capital intensity
Significant barriers to entry and/or significant market share
Simple, understandable businesses
Annual cash flow of $3 million to $15 million
Slate requires a controlling interest in acquired companies
Companies with headquarters located in the Eastern half of the United States
AllTrust Networks is the nation's leading software and services provider for check cashing and alternate financial services solutions. Originally founded in 1999 under the name BioPay, AllTrust pioneered the use of biometric ID as a way to simplify consumer engagement and prevent fraud. www.alltrustnetworks.com
The engineers and operations team at Broadcast Sports International (BSI) are at the leading edge of turnkey custom broadcast solutions, from the largest sporting match-ups to history-making live events. In business for more than 35 years, BSI works with its partners to produce compelling content through cutting-edge camera, wireless transmission and microphone technology. www.bsintl.com
Founded in 2000, eCoast is a comprehensive demand generation channel sales development and marketing company focused on executing highly customized programs that result in increased revenue and outreach for their clients. www.ecoastmarketing.com
First Source is a leading provider of national branded, unbranded, and private label confectionery products, nuts, snacks and specialty foods sold to retailers throughout the US. With a history dating back to 1927, the company provides value added packaging as well as bulk distribution of specialty products. www.first-source.com
Founded in 1984, WDS is an integrated distributor of industrial supplies and MRO products for OEMs, including fasteners, adhesives, packaging, foam, poly, glass, safety, janitorial, and more. The company provides total supply chain management and cost reduction solutions nationwide. www.whds.com
Rick is a Founder and Partner of Slate Capital Group. Rick has been an investor, entrepreneur, operator and consultant. Read more>>
Parker is a Partner of Slate Capital Group. Parker focuses on developing new opportunities for Slate and managing its current portfolio. Read more>>
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