Investing for the Long Term
About
Enduring Capital is a value-oriented private equity firm making control investments in lower middle market companies across the United States
We are building a portfolio of high quality, industrial enterprises with differentiated offerings and sustainable competitive advantages
We partner with and support operators and management teams seeking to create long term value for investors, employees and local communities
Enduring Capital was founded by investment professionals and strategic advisors with deep experience in industrial and infrastructure sectors. We bring an operator mentality to our partnerships
We prioritize trust, integrity and relationships with strong conviction that transparency and fair dealing maximizes stakeholder value
Investment Criteria
Financial
EBITDA of $2m - $10m
EBITDA margin >20%
Contribution margin >30%
Unit economics >20%
Sector
Industrial
Infrastructure Services
Specialty Manufacturing
Distribution, Logistics
Operations
Highly recurring or contracted demand
Competitive advantages with durable moat
Actionable, measurable value creation plan
Other
Acquiring from owner-operator
Ownership rollover or management co-invest
Geography: US South or Midwest
Core Principles
Opportunity exists where others aren’t looking
Aligning incentives produces better outcomes
Risk is the likelihood that outside factors force a bad decision
Financial engineering is not value creation
Integrity determines long term upside
Who we are…
Travis Chulick
Prior Experience: Brookfield Asset Management,
Partners Group, Moelis & Co., Cooke & BielerBoard Experience: Superior Pipeline Co., Milestone Corp., Stewart-Amos Equipment Co.
Education: Yale University, Columbia Business School
Principal
Contact
You can reach us directly at
travis@enduringcapital.net