New State seeks to invest in great services companies with great people.
In addition to traditional services businesses, we partner with industrial companies that have demonstrated embedded value and high margins, indicating exceptional service delivery to their customers.
We have a long-term perspective and are comfortable with complexity.
Investment criteria
Approach
- Post-investment, we aim to build scale and create value through capital investment and add-on acquisitions.
- We bring extensive operating resources.
- We lead equity investments and can also partner with independent sponsors.
Investing in North America out of the following locations:
- New Rochelle, NY (HQ)
- Newport Beach, CA
Size:
- EBITDA $8-40 million
- Investment size $10-100 million
- Transaction value $25-250 million
Equity structures include:
- Control buyout
- Preferred equity
- Minority equity
- Structured equity
- Restructurings (good company/bad balance sheet)
- Bespoke solutions
- Long-dated family office-type investments
Industries:
We seek to invest in leading companies in the business, financial, professional and industrial services sectors. For a full list of target sectors, see below:
- Cyber Security
- Distribution
- Education & Training
- Food & Beverage
- Financial Services
- Financial Technology
- Infrastructure Services
- Industrial Services
- IT Services
- Packaging
- Payments
- Professional Services
- Specialty Manufacturing
- Staffing Services
- Technology
- Telecommunications
- Transportation & Logistics
- Utility Services
- Waste Management and Environmental Services
What our partners have to say
The quality of New State’s leadership group made this partnership a natural fit for Wilmington Paper and Recycling Management Resources.
As we embark on our next chapter, we are very much aligned on our strategy for growth. New State’s resources will be invaluable in allowing us to react quickly to opportunities, while we continue to invest in people, innovative technology, and logistical equipment and solutions that will enhance our capabilities and maintain our competitive position for the years to come.”
Explore further
Solutions for independent sponsors
ESOP Strategy
Private Equity 101
Don’t forget to check out
We want to hear from you. Email us
info@newstatecp.com