Small Buyout and Growth
Since our founding in 2002, BPEA has established a proven platform targeting investment in small companies. We focus on profitable US businesses with enterprise values generally below $100 million and EBITDA between $1 million and $10 million, as well as fund managers who target similar opportunities with fund sizes generally below $300 million.
We invest in fund managers and directly in private companies with a goal to build portfolios that deliver strong returns with greater diversification and lower capital risk.
We take an institutional approach to an area that has historically been difficult to access yet has the potential to drive attractive returns.
We believe the small end of the private equity market has favorable characteristics that make it a consistently attractive investment area.
Large and inefficient market
Lower purchase price multiples
Compelling growth characteristics
Multiple paths to liquidity and potential for multiple expansion
Less capital has historically been dedicated to investments in small companies
Moderate use of leverage
Greater opportunity for operational improvement and value creation
BPEA has established a proven platform targeting investments in the healthcare sector. We are one of the few managers that offers dedicated healthcare-focused investment programs, investing in both fund managers and portfolio companies in this sector. In general, we seek to identify opportunities with compelling growth characteristics and the potential to reduce costs, increase access, and improve patient outcomes.
We invest in healthcare-focused fund managers and directly in private healthcare companies with a goal to build portfolios that deliver strong returns with greater diversification and lower capital risk.
Similar to our small buyout and growth programs, in healthcare, we focus on small to middle market opportunities across industry sub-sectors, including:
We believe the healthcare industry offers attractive investment opportunities that have the potential to generate strong returns for investors. The healthcare industry in the US is large, growing, and highly fragmented. Inefficiencies across the broad healthcare ecosystem create opportunities to invest in small and medium-size private companies that are frequently in need of professional management, growth capital, and assistance in reaching the broader market.
Our global private equity experience, industry knowledge, broad network of relationships, and flexible capabilities allow us to build customized programs to assist institutional investors with meeting their long-term goals. We have developed specialized programs with a global mandate, regionally-concentrated programs, and MWBE-focused investment strategies.