huron capital€¦ · huron capital is partnering with executives or operating partners in a...
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U.S. or Canada$5 million+
Up to $200 millionGEOGRAPHY REVENUE
EBITDA
INDUSTRIES
(though buy-and-buildsmay start smaller)
HURON CAPITAL
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What is Huron’sExecFactorStrategy?
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Executive-led market entry initiative
Huron Capital is partnering with Executives or Operating Partners in a targeted sector prior to any acquisition
Buy-and-build strategy
Combine Executive’s industry knowledge and contacts with Huron Capital’s extensive investing experience and committed capital to drive deal flow and value creation
INVESTMENT CRITERIA
BusinessServices
SpecialtyIndustrials
Consumer
Why Partner with Huron Capital? What’s in it for the CEO? About Huron Capital
EXPERIENCEOver 150 investments completed since 1999
FOCUSSeeking to build value by investing in people and operations
SUPPORTWell-established network of intermediaries, advisorsand executive contacts
1. Opportunity to create equity value AND be rewarded for it
2. Work with an operations-oriented investment team
3. Committed search process funded by Huron Capital with additional capital for add-ons
4. Market savvy investors help recruit, retain, and incentivize management team
Based in Detroit
1999
Investing from a committed fund (over $1.8B raisedacross six funds)
Targeted 5-7 yearinvestment horizon
Location
Capital
Timeline
Founded
• ExecFactor Partners: Fred Quinn (CEO), Gerry Loftus (COO)• Industry: Paints & Coatings (Industrial, Auto Refinish, Construction)• Process: Reviewed over 200 qualified transactions; acquired 7 companies• Summary: Built a corporation, doubled the acquired EBITDA through a combination of revenue growth, improved pricing, supply chain and materials management• Status: 2011 Quest brings in new equity sponsors; growth and acquisitions have continued
INDUSTRIAL
CONSTRUCTION
AUTO REFINISH
Revenue: $22 Million# of Plants: 1# of Employees: 75
Revenue: $230 Million# of Plants: 6# of Employees: 550+
Huron Capital launches ExecFactor initiativewith Fred Quinn and Gerry Lo�us
Quest addsnew equity
sponsors
Questkeeps
growing
Case Study: Quest Specialty Chemicals
2006
2007
2008
2011
2004
2005
2003
www.huroncapital.com
Michael Beauregard, Senior Partner Phone: 313-962-5802
2009
2010
ExecFactor
Case Study