Seeking sound enterprises

We pay finder’s fees in cash for proprietary introductions that result in a closed transaction.​

​Fox Three Partners is actively looking to partner with established, profitable, closely held private companies with owners seeking liquidity. We do not invest in start-ups or companies with negative profit. While no company will fit all criteria, we are looking to invest in companies that have many of the criteria listed below.

Financial metrics

  • Revenue greater than $7.5 million
  • EBITDA greater than $1.5 million
  • Recurring, sticky and/or repetitive revenue stream​​
  • For add-ons​, minimum size criteria do not apply​​

Industry

While we employ a generalist  model, we prefer the following industries:
  • Manufacturing
  • Business Services
  • Healthcare
  • Industrials
  • ​Aerospace & Defense
  • Distribution & Logistics

Business characteristics

  • Geographic focus: Continental United States
  • ​Positive, stable cash flows
  • Low capital expenditures
  • Low customer and supplier concentration
  • Products or services that are proprietary, unique and/or non-discretionary; ideally driven by recurring customer needs
  • Clear, executable growth strategy in current and/or adjacent markets
  • We prefer to keep existing management, but are comfortable with transitions if existing management desires to leave or retire

Transaction types

  • Full sale:  Owner seeking a liquidity event for retirement​ or other life event
  • Partial sale:  Owner seeking to “take some chips off the table,” retain some ownership and take a “second bite of the apple” in the future
  • Corporate divestitures
  • ​Owner seeking a strategic business partner to accelerate growth