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What We Look for in a Business

 

Business Acquisitions 

BPH is expanding its portfolio of outstanding businesses, targeting 2 to 3 acquisitions per year. BPH has a diverse portfolio with direct experience in technology, manufacturing & wholesale, financial services, healthcare services, real estate, energy, security, legal services, education, and data analytics. BPH is generally industry agnostic and always geography agnostic, open to all businesses that meet its profile:

A great business with a culture of success

  • Recurring revenue growth for a minimum of 3 years with clear future growth catalysts
  • Loyal customer base, low customer concentration
  • Strong middle management team, culture of work ownership
  • Niche industry with a defensible edge
  • Low cyclical sensitivity

A high probability transaction with low financial risk

  • Revenues from $3-50M
  • EBITDA from $1-5M
  • Operating margins greater than 15%
  • Limited working capital requirements

We are not currently seeking businesses in the following industries;

  • General contracting
  • Construction
  • Retail

At BPH, we understand that life changes and businesses evolve. Whether you are the current owner/operator and ready to retire, a passive owner seeking to exit the business to pursue other ventures, or have a company in need of additional management/board perspective to aggressively pursue growth opportunities, we are interested in speaking with you.


Early Stage Investing

BPH is interested in expanding its early stage investment portfolio.  BPH has historically made fully passive minority interest investments, taken an active role on the board of an early stage investment, and everything in between.  The criteria for identifying great early stage opportunities includes:

  • Team – BPH focuses on the entrepreneur, looking for leaders with a strong history of success and a chip remaining on their shoulder driving them to build something big.
  • Product and Market Size – A great reward to risk ratio analysis includes a differentiated product or service, a significant market, and a clear game plan to scale with verifiable assumptions.
  • Network and advisors – Every team needs river guides to assist on the path to success.  BPH has found in its own businesses connecting to the right people can make a world of difference in outcomes.  An open attitude toward suggestions, and a broad business network are essential to growth for most small businesses.