Private equity criteria

Aspect	Criteria
Deal size	Up to £5m equity Up to £10m enterprise value
Control	Yes
Sectors	Property related Financial services Business services Educational publishing/training
Management-led deals	Management buy-out’s preferred, MBI possible
Territory	UK, possibly international potential Central and western Europe
Capital	Not capital intensive; able to recycle capital quickly
Scalability	Scalable business; geographically, product extension
Market	Prefer immature market but with growth potential
Barrier to entry	• IP • Established distribution channel • First mover advantage • Sticky customer base
Exit	Potential as bolt-on acquisition for trade buyer or mid-market private equity house