Business services
Business Models & Sub-Sectors
- Facility and support services
- Testing, inspection and certification
- Lab services and products
- Business process outsourcing / Contract manufacturing
- Insurance distribution and services
Themes or Characteristics
- Recurring revenue, predictable demand
- Specialty / niche focus providing proprietary services / products
- Emphasis on safety, security, and non-discretionary purchases
- Enhanced cost benefit to customers and / or conversion of fixed costs to variable
- Continued trend toward greater outsourcing
What we do not invest in
- Pure software / SaaS businesses
- Professional services