Our Investment Focus
Carroll Capital invests in lower middle market companies with attractive business model characteristics and strong growth prospects.
What We Look For
Business Model Characteristics
- High value-added product or service offering
- Mission critical to customers
- Recurring or reoccurring revenue
- Best-in-class provider in market niche or local market
Size Criteria
- EBITDA up to $15M
- Flexibility on size for add-on investments
- Preference for majority control, but open to minority investments
Growth-oriented Portfolio
- Significant growth potential
- Large, fragmented markets
- Attractive industry tailwinds
Our Preferred Sectors
Commercial/Facility Services
- Elevator service & maintenance
- Commercial plumbing service
- Generator service & maintenance
- Contractually recurring maintenance services
- Mission-critical break/fix repair services
Industrial & Business Services
- Water & wastewater treatment
- Remote monitoring & metering
- Motor & Rotating Equipment services
- Industrial maintenance
- Test, Inspection, Certification and Compliance (TICC)
- Lab and medical equipment services
Component & Device Manufacturing
- Water & wastewater treatment products
- Specialty materials & chemicals
- Flavors & ingredients
- Niche/engineered components
- Medical devices
- Medical, lab, and pharma consumables