Eureka has partnered with talented entrepreneurial executives to build smaller businesses into outstanding enterprises since the sponsorship of Eureka I, L.P. by a fifth-generation, family-owned enterprise with its early roots in the coal fields of Pennsylvania. In 2004, the principals managing Eureka I, L.P. founded Eureka Equity Partners as an independent private equity firm to continue to manage Eureka I, L.P. and to build on our historical success driving superior returns by bringing relevant experience and operating resources to senior management teams to facilitate the growth of their businesses. Today, we remain committed to our singular focus of helping uniquely-capable executives build market leaders at the lower end of the middle market.
Eureka invests in “partnership deals” where we can work closely with outstanding executives to positively impact the growth trajectory of promising businesses at the lower end of the middle market. This partnership and our proven investment approach allow us to generate attractive returns for our investors and management partners without the added risk of excessive leverage employed by many other middle market buyout firms. At the foundation of our investment approach are the guiding principles of our business philosophy:
Eureka takes a long-term perspective in its investments. We understand that growing companies maximize value for all stakeholders when given the opportunity to execute their long-term strategies, and not by focusing on short-term results. Growing companies face numerous challenges. Our experience addressing these challenges brings a consistency to our partnerships with management and allows us to view these challenges as opportunities. By providing access to our broad network of business and industry contacts as well as our IOPeNTM, we bring new resources to strong management teams to make an immediate contribution to their continued success.
Our goal is to help you “Find and Reach Your Potential.”
Eureka invests in partnership with talented executives in transactions that bring meaningful ownership to the operators principally responsible for the growth of the business.
Investments within our target industry sectors that fit our mandate include: change-of-control acquisitions to effect management buyouts of interests from inactive or outside shareholders; sponsorship of management teams with demonstrated success in one of our industry verticals to identify and acquire a platform with untapped market potential or operational or structural challenges; corporate divestitures and carve-outs of non-core businesses or divisions; control or non-control investments to facilitate succession planning within family or founder-owned businesses; and minority-interest growth equity investments as a capital partner for acquisitions, expansion or to provide liquidity to diversify a founder’s interests.
Core to our focus is partnering with business owners seeking long-term growth rather than short-term liquidity. Highlights of our investment focus are outlined below: