Private Operating Company Investment Strategy
Investing as a Principal
Stewart Capital Partners and its investment partner, Orion Financial Corp., have come together to pursue the acquisition of private companies in specific industries. We will act as principal by directly investing our funds to support acquisitions, growth and recapitalizations. We have purchased over 25 companies in the past 30 years with an average ownership term in excess of 15 years.
Acquisition Target Profile
Our investment approach involves:
• A preference for middle-market manufacturing, distribution and service companies.
• An investment in companies that have annual cash flow of $2–5 million.
• A strong preference for companies in the Upper Midwest. However, we are willing
to go outside of this area for the right opportunity.
Investment Philosophy
Our investment philosophy involves:
• A preference to invest with a strong management group that is presently running
the company.
• We are willing to consider companies that have been well run, but may need a new
senior manager.
• We are willing to consider the acquisition of companies wherein we co-invest with a
management team that has recent and relevant industry experience.
• A goal to grow the company profitably and remain an investor until the management/
co-owner wants to divest.
• Since we are not a fund we have the ability to remain a partner with the management
team long term.
CASE STUDIES
Recent press releases:
Everwood Industries Building Sells for $850,000
Acquisition Announcement: Everwood Industries, Inc. Acquired by SCS Elevator Products Inc.
Gartner Refrigeration building sells for $2.2 million
CBRE Completes Sale of Brooklyn Center Offices for $14.3 Million
Acquisition Announcement: TC/American Monorail Systems, Inc. Acquired by TC/American Crane Company
New Leases Signed at Brookdale Corporate Center
“As a niche manufacturer in the elevator industry, we were positioned for growth. We sought an experienced investment partner to assist with our growth and were introduced to Stew Stender and Al Geiwitz. Their skills and deep experience were a perfect match for achieving our goals. In acquiring our firm, Stew and Al have helped to develop our senior management team, expanded our product mix, and positioned us for long-term growth.“
– Donna Anderst
President and CEO, retired
SCS Elevator Products Inc.