Targeted Investing in Strong Consumer Brands

We invest in strong companies that operate in sectors we either know or readily understand. A deep understanding is, in our view, critical to both making sound investment decisions and thereafter providing valuable advice and guidance to our portfolio companies.

 

Company SizeCompany Size

  • Revenues below $100 million.
  • EBITDA or Operating Income: $3 million – $12 million for new investments.
  • No minimum for add-ons to existing portfolio companies.

Company CharacteristicsCompany Characteristics

  • Consistent revenue and earnings growth with future growth drivers.
  • Strong gross margins providing evidence of pricing power and defensibility.
  • Innovative or unique way to address an existing market need.
  • Differentiated offerings in consumer segments.
  • No real estate or energy-related companies.
  • Non-cyclical; non-fad driven products.

GeographyGeography

  • Platforms headquartered in the U.S.
  • Add-on throughout the world.

Equity Investment SizeEquity Investment Size

  • $10 million to $35 million in equity.
  • Larger investments possible with co-investors and follow-on investments.

Transaction TypesTransaction Types

  • We seek to be the primary institutional capital, and require a controlling or significant minority stake in our investments.
  • We make a distinction between shareholder control, and day-to-day operating leadership and decision-making (the role of our management teams).

“We thank the Topspin team for the value and support they provided to PlayMonster as our partners over the past four years. From the beginning, they shared our view for the potential of our business and helped us execute on both our M&A and organic growth strategies.”

Bob Wann, CEO of PlayMonster