EBITDA Investments

The firm targets control or influential minority positions in European mid-market companies where it can drive EBITDA expansion through operational improvement. Its underwriting focuses on levers like pricing optimization, supply-chain reconfiguration, and geographic rollouts rather than relying on multiple expansion alone. The approach sits closer to operationally intensive private equity than to passive growth capital.

The firm concentrates on the United Kingdom, the DACH region (Germany, Austria, Switzerland), and the Nordics. These markets share a common thread of fragmented mid-market ownership — family-held businesses, corporate carve-outs, and succession-driven sales — which aligns with the firm's sourcing model built on proprietary, intermediated deal flow rather than broad auction processes.

No. The firm operates as an independent sponsor, raising capital on a deal-by-deal basis from a network of family offices, pension funds, and institutional allocators. This structure eliminates the pressure to deploy a fixed pool of committed capital on a set timeline and aligns the principals only with transactions that meet a high conviction threshold.

EBITDA Investments executes both control buyouts and influential minority deals, provided the minority position comes with governance rights sufficient to drive the operational change the investment thesis requires. Pure passive minority positions without board representation or strategic veto rights fall outside its mandate.

The firm has not publicly enumerated sectors it avoids, but its deal-by-deal independent-sponsor structure and operational-value focus make it unlikely to invest in sectors where EBITDA is a poor profitability metric — such as pre-revenue biotech, exploration-stage natural resources, or asset-heavy infrastructure where returns depend more on financial engineering than operational intervention.