Strategic Focus
Highland Avenue Capital employs a differentiated, "next generation" private equity strategy acquiring assets that have a strong, defensible offering but have not yet met their full potential. Highland assists in unlocking that value (i.e. legacy/generational management changes, an evolving market/industry, growth challenges, etc.) by establishing world-class platforms with an emphasis on driving outsized growth. We professionalize teams and processes, articulate and execute clear strategies, and dedicate significant resources for accretive "add-on" M&A.
Operational Focus
Our principals have an operational rich heritage and, along with our operating group and executive network, we work, alongside existing leadership, to establish a transformational plan for each platform.
We have found that typical 100 day plans don’t achieve the desired outcome with lower-middle market businesses so we look to be intimately involved with each platform throughout the investment period but the first year, in particular, is critical for us to implement our “TRANSFORM” to create a strong foundation for growth, both organic and via M&A
Investment Criteria
Controlling interests in mature, stable businesses from corporate, private, and family sellers
Entrepreneurial Transition and Legacy Planning Situations
Corporate Carve Outs or Orphaned Assets
Special Situations
Businesses between $2m - $10m of EBITDA for platform deals and >$1m for add-on investments are our sweet spot but we will look at businesses with Negative EBITDA as long as it falls within our industry niches below
Geographic Focus
We focus on those businesses with a dominant overlay in the Western United States which includes California, Arizona, Nevada, Washington, Oregon, Utah, Idaho, New Mexico, Colorado, Wyoming, and Montana. We will also opportunistically explore opportunities into Texas and Oklahoma.
Sector Focus
Highland's investment and operating professionals have amassed impressive resumes through investments and C-suite roles in blue chip and middle market businesses resulting in expertise across several verticals.