Approach

What we look for, and how we build.

We are looking for one business, with a particular eye for infrastructure, industrial and essential services.

What we look for

A genuinely excellent business with room to grow.

01

Essential and enduring

Products and services that infrastructure and industry depend on, with demand that lasts through the cycles.

02

Loyal, sticky customers

Business-to-business relationships and recurring work that competitors find difficult to displace.

03

Strong fundamentals

Consistently profitable, typically with operating profit above £1m and margins of 15% or more, and a capable team already in place.

04

A lasting tailwind

Operating in an area with durable, long-term momentum behind it.

How we operate

We acquire to own, not to trade.

  • Raphael leads the business full-time, as its owner
  • We protect what works before we change anything
  • We invest patiently, and judge success in years
  • We grow with care for the team, the customers and the name

We keep the specifics of our search private, and prefer to discuss fit directly.