The Story Deal

• A transaction with complexity — involving a company under‐performing its potential, in a difficult or out of favor industry, or undergoing a management transition
  • A transaction involving a corporate carve‐out
  • A transaction involving a profitable company characterized by low revenue growth and/or low margins; many times with large revenues and low EBITDA or inconsistent historical financial performance
  • A transaction that requires changing or improving operations or strategy as the foundation for an investment thesis, as opposed to a pure growth investment thesis
  • A transaction that requires an experienced buyer capable of digging in to understand the issues, manage complexity and get to a closing
  • A transaction involving an operational turn-around