PICO will invest equity to sponsor management buyouts, corporate spin-offs, recapitalizations, family successions, distressed situations/turnarounds and to fund organic growth and/or acquisitions. Each transaction is structured to meet each owner's specific objectives. Sellers may remain fully involved in day-to-day operations or dramatically reduce involvement after a transition period.
Preferred investment targets of PICO will:
Be located within 60 miles of Denver, CO
Generate $1 million to $20 million of revenue
Possess stable cash flows, with at least $400k of EBITDA
Belong to one of our focus industries
Niche manufacturing
Industrial services
Business services
Construction / building products
Medical services
Distribution
Transportation & logistics
We will consider distressed and turnaround situations if there is a history of profitability. We generally do not invest in start-up or high-tech businesses.