INVESTMENT STRATEGY
 

The Ashton Capital Partners investment strategy can be summarized by the following:

Seeking to invest in mid-sized manufacturing companies that match our core operational and financial management strengths Focus on job shops with a complex product offering, from an engineering, manufacturing or technology perspective Stable cash flow, yet potential for significant improvement Appropriate use of leverage Expect to enhance company earnings by upgrading operations and growing the business

Ideal Targets

The criteria below outline companies that Ashton Capital Partners would consider to be ideal acquisition targets.


Manufacturing companies

• Batch or low volume, job shop production

• Broad product and customer diversification

Complex product offerings

• Custom engineered or highly engineered products

• Complex manufacturing process

• Complex from technology perspective

• Capital equipment

• Defensible market position

Mid-sized firms

• $20 – 100+ million in revenues

• Strong organic growth potential in niche manufacturing

Companies facing operational/industry challenges

• Exiting owner/manager

• Low margin, struggling “old line” companies

• Turnaround situations

• Positioned to benefit from implementation of Lean Manufacturing principles