Wingate Partners was founded in 1987 to purchase controlling equity investments in manufacturing, distribution and service businesses, typically with revenues between $50 million and $250 million. Our philosophy is to create value by supporting management in their efforts to improve the operations of its portfolio companies. The Principals of Wingate have had substantial senior-level operating experience and extensive careers in acquiring companies.
We seek to acquire businesses in either of two categories:
- 1. Under-performing companies, which includes those with substandard operating performance that may be unprofitable or marginally profitable; and
- 2. Industries in transition, which consists of companies that are well-managed and have a record of solid operating performance but are in industries undergoing significant change (as a result of industry consolidation, channel shifts, overcapacity, cycles, etc.).
Investment Criteria
| Industry Focus | Wingate targets manufacturing, distribution and service businesses with a significant market share position; all industries considered except banking, insurance, real estate, media, natural resources, and high technology. |
| Revenues | Stand-alone companies typically have revenues between $50 million and $250 million, but sometimes significantly larger. Businesses with revenue of any size will be considered as add-on acquisitions for existing portfolio companies. |
| Profitability | Profitability is preferred, but not essential. Half of the Wingate portfolio companies were under-performing at the time of acquisition. |
| Transaction Size | Total transaction size generally ranges between $25 million and $100 million. Wingate will sponsor larger transactions by co-investing with its limited partners or other investor groups. Smaller transactions will be considered when the target company can be an add-on for an existing portfolio company. |
| Control | Wingate, together with any other sponsoring investors, must have a controlling interest in acquired companies. |
| Other | Company headquarters should be located in the United States. |
| Fees | Wingate will pay intermediary and finders fees. |
Contact: Jason Reed, Principal, (214) 720-1313
Email: jasonreed@wingatepartners.com
Website: www.wingatepartners.com