Investment Criteria

Business Characteristics

Founder or entrepreneur-owned companies (First institutional capital) where the business owner appreciates a partner who will bring ideas and resources while being respectful of the legacy and culture they’ve built.​

Revenue

Over $20 million

EBITDA

$5 million - $15 million

Geographic preference:

North American-based

Market:

Large and growing

Transaction types:

Private companies undergoing an ownership transition, recapitalization or requiring growth capital​

  • Solid growth opportunity: >10% CAGR
  • Diversified customer base with recurring revenues
  • Superior value proposition

Industry Sectors

  • Value-add distributors
  • Niche manufacturers
  • Service businesses

Investment Types

  • Recapitalizations
  • Control buy-outs

Success Factors

  • Opportunity for outsized growth
  • Proven management
  • Large end markets, fragmented landscape
  • Niche market leaders with sustainable competitive advantage
  • Scalable business platform
  • Strategic acquisition opportunities
As an investment banker, I have worked with hundreds of potential buyers in serving clients, typically founders, who are seeking a specific outcome to our process. Provariant is the type of firm that is flexible and adjusts their approach to the particular situation, not one that forces business owners into a mold. They understand how to get a deal done, are fair in how they approach it, and value cultural fit post-close. I enjoyed and respected working with the Provariant team on their recent partnership with my client, so much so that I personally invested in the business going forward.
Josh Curtis
Footprint Capital

Partners

Our process starts with listening. We are committed to understanding founders’ objectives and are flexible in our approach.

Resourceful

Our average of 30 years of private equity and industry experience enables us to provide significant resources and networks to be a value-added partner.

Experienced

Across 33 total investments, our partners have a long and successful track record of partnerships with founders and entrepreneurs to achieve objectives and accelerate growth.