Through its merchant banking group, FMI invests in middle market operating companies providing products or services to the infrastructure, improvement, and maintenance industry. Our direct investment interest is focused on companies where FMI can add value to its investment through its assistance in business planning and strategy development, acquisition programming, and operational enhancements. Attractive investment opportunities would generally have the following characteristics:

• Industry leader in its sector
• Established and defensible market position
• Above average growth potential
• Above average financial performance
• Best-in-class management team
• Scalable business models
• Trailing EBITDA of at least $5 million

• Unique products or services
• Channel structure changes
• Segment consolidation
• Product or service bundling
• Deferred infrastructure maintenance
• Outsourcing

For information about FMI's portfolio companies, please click here.