
Why Mile-12 Group?
We are not just another “deal shop”. We are an entrepreneurially-minded yet deal-savvy group of investors and operators that is 100% committed to mobilizing both our capital and our technical know-how to achieving maximum success for small and medium-sized businesses. We strongly believe that uncompromising integrity, humility and transparency create successful partnerships and we act accordingly.
WHY MILE-12 GROUP?
OUR PRINCIPLES
Having operated, expanded and/or exited over 500 private and public companies in the U.S. Middle Market, we have accumulated a wealth of knowledge that underlies our guiding principles to business operations:
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Values-Driven: Preserving your company’s hard-earned reputation.
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Results-Oriented: Optimizing your business’ long-term growth potential.
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People-Centric: Ensuring stability for your employees, customers, and community.
WE BRING A DIFFERENTIATED VALUE PROPOSITION TO SELLERS
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Private Equity
Strategic Buyer
Post-Transaction Commitment
Receive 100% of our time, energy and resources
Your business will be one of many in a large portfolio
Merge or integrate into a much larger operation by acquiror
Core Focus & Objectives
Build on your legacy & augment value through hands-on management
Cost cuts (e.g., employee lay-offs), incur debt, and position for quick flip
Possibly neglected as business is a lower priority than ParentCo (acquiror)
Funding
Committed, long-term capital (5 years+) from an experienced & well-funded group of investors
Timing pressure stemming from mandate to return capital
within 6 years
Overly dependent on ParentCo’s long-term funding profile & balance sheet strength
Ease of Transaction Process
1 to 3 months dealing with one counterparty
2 months to 1 year+ dealing with multiple layers of approval
2 months to 1 year+ dealing with several counterparties in a bureaucracy
Deal Terms
Flexible and tailored to seller’s needs
Rigid and structured solely to minimize risks and maximize PE investment return
Least flexible – must meet terms of ParentCo
Holding Time Horizon
5 years to Long-Term
3 – 5 years on Average
Undetermined and Varied
ACQUISITION CRITERIA
Industry
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Industry growth underpinned by long-term secular macro tailwinds
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Robust competitive landscape with low cyclicality/seasonality
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Little to no dominant customer concentration in industry
Financial
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Strong and diversified base of recurring revenue ($10MM+) and cash flow ($2MM+) annually
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Competitive EBITDA and Cash Flow margins (15%+)
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Proven track record of profitability and financial growth
Company
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Ideally levered to enterprise customers (i.e., B2B)
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Low customer concentration
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Owner is willing to sell and/or desires to transition out of a leadership role moving forward