TBG is dedicated to bringing financial and operational resources to small middle-market companies. We bring together private equity and operational experience, as well as a group of leading executives from our targeted industries (Industry Partners), focused on producing superior long-term returns for our investors and management partners.

Focus on Small Middle-Market Opportunities
As long-term investors, we believe the greatest opportunity lies in small middle-market companies ($10 million - $100 million in revenue). Over the last several years, there has been an increasingly large differential in both the average size of new private equity funds, as well as the average size of private equity investments. This has created a relative undersupply of institutional, long-term capital for small middle-market companies. In addition, there are thousands of businesses currently owned by baby boomers that will likely change ownership over the next ten years. As a result, we see a great need for experienced private equity and operational professionals to provide long-term, sustainable value and capital for small middle-market business owners.

Control-Oriented Investments
TBG focuses on equity investments for management buyouts, recapitalizations, consolidation platforms and growth capital for closely-held private enterprises, owner-operated businesses, corporate spin-offs, and special situation opportunities. We seek lead roles in control-oriented investments in small-middle market transactions (typically $10 million - $50 million of total value) in partnership with management and existing owners. We will also selectively consider co-investment opportunities in larger transactions in our targeted industry sectors in which we can add value alongside equity partners aligned with our investment philosophy.

Targeted Industry Sectors
TBG has targeted specific industry sectors in which its Principals or Industry Partners have developed extensive market knowledge and investment expertise. These targeted sectors exhibit a number of common characteristics including attractive financial fundamentals, changing industry dynamics and compelling investment drivers for small middle-market companies.

Specific areas of interest and investment expertise in our sectors include:

Healthcare Services
• Hospital Services
• Dental Services
• Home Care
• Outsourcing Services
Consumer
• Restaurants
• Specialty Retail
• Consumer Packaged Goods
• Food and Foodservice
Business Services
• Business Process Outsourcing
• Infrastructure Services
• Education & Training
• Logistics & Distribution
Financial Services
• Insurance & Reinsurance
• Specialty Finance
• Community Banking
• Asset Management
 
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