Investment Parameters:

Sequential actively pursues well-established information and business services companies in the lower middle market located in the United States and Canada. We are particularly interested in profitable companies with predictable cash flows and sustainable competitive positions in growing industries. We are not interested in substantial turn-around situations or very early-stage companies.

Industry Expertise:

Sequential focuses on opportunities where our team’s deep operating and investing expertise can be brought to bear.  We believe this approach allows us to better evaluate potential transactions, and to add value to operations going forward. 

We are particularly focused on large, growing segments within the information and business services sector.

We are most interested in businesses that possess many or all of the following characteristics:

Representative segments / sub-segments indicative of our focus include:

• Revenues of $5 million to $50 million
• EBITDA of $1 million to $5 million
• Significant EBITDA margins
• Strong history demonstrating growth and profitability
• Operate within a large, fragmented, growing market segment
• Leadership or growth position within their market segment
• Relatively modest capital requirements
• Stable customer relationships with recurring revenue
• Concentrated ownership seeking both liquidity and transition of responsibility
• Eager to add a strong partner committed to growth

• Business information services
• Consumer information services
• Healthcare and life sciences services
• Financial and banking information services
• Education and training services
• Marketing services
• Advertising and Media services
• Specialized publishing
• Software and internet-based services
• Workflow and supply chain solutions
• Data and analytical services
• Business process outsourcing