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Effective September 30, 2009, the principals of HSSG launched Terra Verde Partners LLC, a private investment firm focused exclusively on the environmental sector. Terra Verde Partners focuses on businesses with both strong economic and environmental value propositions with commercially validated technology. Terra Verde Partners is sponsored by Hunt Consolidated, Inc., a diversified holding company directed by Ray L. Hunt. Terra Verde Partners invites you to visit them at www.terraverdepartners.com.
Hunt Special Situations Group maintains the following investment criteria:
Industries
Hunt Special Situations Group takes a generalist approach to investing and will consider investment opportunities in a variety of industries.
The group generally does not seek nor participate in pure-play investments or acquisitions in the oil and gas or real estate industries. Hunt Consolidated, Inc.,
is a global leader in these fields, maintaining extensive assets and actively seeking additional opportunities.
Business characteristics
Hunt Special Situations Group seeks investment opportunities
that exhibit many of the following characteristics:
- Companies with revenues of $25 to $200 million.
- Viable core business model, despite current structural, transitional, financial and/or operational challenges.
- Companies with discrete operating problems that can be identified, isolated and fixed. These may include right-sizing, rescaling or reorienting operations, meaningful but not overly complex capital projects and opportunities to reduce costs through improved strategies, processes and controls.
- Companies with discrete financial problems as a result of capital structure which may be inappropriate given the current performance of the business.
- Attractive and defensible market position with respect to size, margin characteristics and growth potential.
Transaction Size
Hunt Special Situations Group seeks to make equity investments between $5 million and $20 million. Hunt Special Situations Group will also co-invest with other like-minded equity sponsors in larger transactions.
Transaction Structure
Hunt Special Situations Group is flexible in terms of acquisition structure, including purchasing assets through out-of-court restructurings, bankruptcies, divisional carve-outs, going-private transactions and recapitalizations.
Geography
Hunt Special Situations Group primarily seeks investment opportunities headquartered within the United States.
Involvement
Hunt Special Situations Group seeks to add value to its portfolio companies by actively contributing to the strategic and corporate decision making process.
In addition to the investment professionals within Hunt Special Situations Group, the group’s network of operating partners is a value-added, active component of the investment strategy. Our operating partners have significant operating and turnaround experience in both large and middle-market companies and domestic as well as multi-national companies across a variety of industries.
This involvement may range from holding seats on the company’s
board of directors to playing a more active role in the development of the company’s management team and the implementation of its business strategies.
Mark Rose, president of The Letco Group, L.P., a Hunt Special Situations Group portfolio company, made the following comment about Hunt’s constructive involvement: “Our partnership with Hunt will allow LETCO, once independent, to realize its full potential, pursue strategic opportunities and continue to provide excellent products and service to our customers. In addition, we see opportunity to continue to scale the business through the development of new locations and select acquisitions. We look forward to taking advantage of Hunt's financial and non-financial resources." |
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