American Industrial Partners invests in partnership with talented management teams. The Firm targets middle market companies in the manufacturing and industrial service sectors that are primarily engaged in selling to other businesses.

Company Profile

• Manufacturing or industrial service companies with business-to-business selling relationships
• Privately or publicly held

Size Parameters

• Revenues of $100 million to $500 million (add-ons can be smaller)
• EBITDA up to $70 million ($0 or negative EBITDA acceptable for companies of scale)
• Acquisition value up to $500 million
• Equity investment up to $150 million, with additional amounts available from investment partners

Operating Characteristics

• Potential for sustainable competitive advantage
• Proprietary capability in delivering customer value
• Opportunity to drive value through operating enhancements
• Global marketing and/or sourcing opportunities
• Historical record of (or potential for) strong free cash flow

AIP has structured a diverse array of transactions to create value in its portfolio investments. The Firm's investment thesis and methods are most effective in control transactions.

• Leveraged Buyouts
• Structured Preferred Equity Investments
• Equity Bridging Transactions
• Debt with Warrants