The Ropart Asset Management Funds (“RAM”) is a private equity firm that invests directly in small to midsize companies.
The firm pursues a flexible strategy, investing throughout the capital structure and in multiple industries, including Business Services, Healthcare Services, Consumer Products, Financial Services, and Software/Technology.
The current portfolio is composed of platform/control investments, mezzanine lending, and growth capital investments. RAM also makes opportunistic investments in distressed or special situations (e.g., secondary market purchases of private equity fund LP interests).
RAM uses its proprietary network to source strategic alliances, M&A transactions, and raise additional capital. Post closing, Ropart works actively alongside management to help build long-term company value.
Furthermore, RAM uses its extensive relationships among senior executives and operating-level managers to provide business and technical expertise, management talent, and industry specific investment analysis to portfolio companies. RAM regularly relies on these executives to serve on our portfolio companies’ Boards of Directors.
RAM generally seeks to invest $3-15 million of equity in deals with transaction value ranges of $10-100 million, but has and will lead or participate in deals requiring as much as $35 million in equity with values up to $200 million.
Between $10-150 million in sales
Competitive valuation multiples
Strong platform businesses with opportunity for value-added change at the time of investment, such as:
Geographic expansion (organically or through bolt-on acquisitions)
Product line extension
Recurring revenue models
Management alignment through equity participation
Attractive leverage and coverage ratios
Strong product or market position
Profitable and predictable financial performance
Strong track record of operating management
Strong financial sponsor (equity holder)
Significant or rapidly growing market
Attractive competitive positioning in the industry
Scalable business model
Experienced operating management with relevant industry experience
Controlling equity position (51% or more), either alone or with partner(s)
Ability to source value-added board members and management
Blend of current (cash) / future (PIK, warrants) income streams
A term of five years or less
At least one seat on the Board of Directors
A minimum of one other value added co-investor
RAM seeks to create value for its portfolio companies by providing the following services and expertise:
Board-level guidance to help develop and execute corporate strategy for sustainable, profitable growth
Prior industry experience primarily in investment banking, business services, health care, consumer products, retail, direct marketing, and software
Best practice advice on operations
Financial reporting, operating metrics, and benchmarking
Recurring revenue models
Logistics and supply chain
Ongoing support for C-level staff development and in recruitment of executive personnel
Able to fill in interim management positions when needed
Corporate development assistance when necessary
Analytical support for projects
Appropriate capital structure/financing
Optimizing value for shareholders with an exit opportunity when the time is appropriate
Proprietary network of relationships to assist the firm
Sophisticated financial assistance, such as exploring funding options to support growth