Investment Criteria

Print Investment Criteria

Our investment focus is to identify and lead direct equity investments in Southeastern-based operating companies that meet the majority of our investment criteria. We evaluate investment opportunities on an individual basis and tailor each transaction accordingly. Our Key Investment Criteria are shown below:

Types of Transactions:

  • Facilitate management buyouts and divestitures
  • Fund recapitalizations and acquisition strategies
  • Provide growth capital
Company Size:
  • Minimum Annual Revenues of $10 million

 Investment Size:

  • Up to $8.0 million in a single investment
Geographic Focus:
  • Southeastern United States

Investment Type:

  • Common and Preferred Equity

Focus Industries:

  • Niche Manufacturing
  • Value-added distribution
  • Business services
  • Consumer products
  • Healthcare

Business Characteristics: 

  • Established products/services
  • Defensible market position and competitive advantage
  • Operating earnings with reasonable capex requirements
  • Low risk of technological obsolescence
  • Asset base and/or cash flows to support debt structure

Management:

  • Prefer Management Team to participate in ownership

Why Azalea?

“Though I was not an investor in Fund I, I was a board member for Power Equipment Maintenance, Inc., a Fund I portfolio company. However, after seeing first hand the great care Azalea principals took in investing capital, I am now an investor in Fund II and will be an investor in Fund III. These guys are genuine, professional and fair – people you can trust.”

Victor Barnhart, former CEO
Chem-Nuclear Systems Inc., and The Brand Companies, Inc.                                       Read More >>