Edgewater focuses on executive-led, buy-and-build investment opportunities and consolidation strategies in fragmented industries. We tailor our approach to accommodate the needs of each situation and will consider both control and non-control investments.

Target Company Size

  • $3M – $40M of EBITDA
  • No minimum for add-ons

Initial Equity Investment

  • $10M – $100M

Geography

  • U.S. and Canada

Industry Focus

  • Business Services
  • Healthcare
  • Industrials

Transaction Types

  • Recapitalizations
  • Management buyouts
  • Family successions
  • Corporate carve-outs
  • Growth capital
  • Co-investments

Business & Industry Attributes

  • Sufficient industry scale
  • Consistent profitability
  • Highly fragmented
  • Non-capital intensive
  • Favorable growth
  • Recurring revenue

Core Industry Segments

Business Services

IT Services

  • Digital Transformation Services
  • IT Outsourcing
  • Managed Services

Professional Services

  • Agency, Data & Marketing Services
  • Education & Training
  • Human Capital & Consulting Services

Field Services

  • Facilities & Commercial Services
  • Residential Services
  • Testing, Inspection, Certification & Compliance

Healthcare

Outsourced Services

  • Revenue Cycle Management
  • Tech-Enabled / HCIT
  • Pharma Services
  • Payor Services

Providers

  • Home Health / Post-Acute
  • Behavioral Health
  • Multi-Site

Products / Distribution

  • DME / HME
  • Contract Manufacturing
  • Medical / Surgical Supplies

Industrials

Specialty Manufacturing

  • IP or Unique Manufacturing Processes
  • Tech Enabled Products
  • Consumable Products

Distribution

  • Identified Value Add
  • Growth Orientation with EBITDA Margins in
    Excess of 10%

Services

  • Premium Valued Services
  • Defensible Market Position
  • Industry Fragmentation

Edgewater will consider investments outside the core industry segments that exhibit strong management, attractive growth and market fragmentation.