Companies considered most attractive for investment possess several of the following characteristics:
- Leading market position
- Sustainable competitive advantage
- Positioned to benefit from secular change
- Ability to grow revenues, earnings and free cash flow
- Consolidation opportunities in attractive fragmented markets
- High quality management team
Greenbriar generally targets companies with enterprise values ranging from $100 million to $1 billion or more. Greenbriar typically invests between $75 million to $150 million of equity capital in each transaction and will consider smaller or larger investments where appropriate. Given that our relationships extend to many of the largest companies in our sectors of focus, we will consider co-investment or partnering in larger transactions.
Greenbriar will pursue a variety of transaction structures, including leveraged buyouts, recapitalizations, growth capital investments, corporate joint ventures and privatizations. The firm also works with corporate partners who are interested in raising capital from a financial partner in order to make an acquisition, expand a promising business or divest a subsidiary.