Long-Term Capital Partnerships
Investing in private businesses through long-term capital partnerships.
Our Differentiation
A unique alternative for business owners.
|
VS. |
Institutional Private Equity |
|
|---|---|---|
| Time Horizon | Windancer Holdings: Decades |
Institutional Private Equity: 3-5 years |
| Future Sale | Windancer Holdings: No timeline |
Institutional Private Equity: Set timeline defined by fund life |
| Capital Source | Windancer Holdings: Internal permanent capital |
Institutional Private Equity: External 3rd party investors |
| # of Investments | Windancer Holdings: One per year |
Institutional Private Equity: Dozens |
| Commitment to Employees | Windancer Holdings: People first |
Institutional Private Equity: Numbers first |
| Commitment to Communities | Windancer Holdings: Off Wall Street |
Institutional Private Equity: On Wall Street |
| Operations | Windancer Holdings: Strategic partner |
Institutional Private Equity: Micromanagement, forced change, unproductive |
| Value Creation | Windancer Holdings: Strategic growth |
Institutional Private Equity: Cost cuts |
| Ownership | Windancer Holdings: Flexible, creative solutions |
Institutional Private Equity: Majority control |
Investment Criteria
Deal Type/Situation
- Family/entrepreneur-owned
- Management transitions
- Succession planning
- Shareholder liquidity
- Growth capital
- Flexible capital solutions
Company Characteristics
- Location: Headquartered in Ohio
- Sales: Generally above $10 million
- Profitability: Demonstrated or clear path to double-digit net operating margins
- Recurring or reoccurring demand products or services
Investment Structure
- $10-$100 million
- Flexibility to invest into debt and equity with minority or majority position
- Alignment through meaningful management ownership and long-term incentive plans
Partnership Approach
Do Right
Business is built on trust. Do right by your people, partners, and customers and trust will come. We do what we say we will do. If we make a mistake, we will always do the right thing.
People Count
People lead performance and growth; not the other way around. Success starts with partnering with the right people and then helping them win.
Be Long-Term and Flexible
Growth can present challenges and is often not linear. Our long-term, flexible capital resides outside of a fund vehicle dependent upon outside investors with liquidity requirements or short-term horizons. You and your company can pursue strategic plans rather than short-term cost cutting or the latest craze.
Resource
We are operators and entrepreneurs ourselves, not private equity managers. Our doors are open to you and your company. You will have access to our extensive network and internal Connor Group resources.
Alignment
This is our money. It is not a fund of other people’s money. We have real skin in the game and alignment with you and your company. Long-term success is a team game. We want your team to have the opportunity to reap the rewards and stand shoulder to shoulder with us. If you want proof of our commitment to alignment, look no further than The Connor Group’s partner program.