Investment Criteria
Lower Middle Market $2 - 5MM EBITDA
Ajax Defense combines its committed equity capital with debt & equity co- investment from its investor network, which combined can support our transactions up to $50MM in enterprise value.
We seek to acquire a controlling stake in our investments, while partnering in transition with exiting owners to ensure continuity of operations for customers, employees, and all other stakeholders.
Target Sectors
U.S. Defense & Space
Manufacturing and Distribution
Maintenance, Repair, Technical Services
Logistics and Engineering
Target Criteria
$5M-$100M
Revenue $5-100M with min. $2M EBITDA
Past Performance
Strong performance with US Government & OEMs, positive CPARS ratings
Stability
Consistent, multi-year profits; stables sales, growth
Diversified
Low customer concentration, recurring revenue and high retention
Quality Systems
Relevant quality systems and registrations in place and fully compliant
Motivation
Seller has clear motivation to sell and will support a transition period