TN3

TN3 pursues a control-oriented buyout strategy in the lower middle market. The firm targets established companies with durable cash flows where it can partner with management to drive operational improvements and strategic growth. Its approach is concentrated rather than index-like, reflecting a hands-on value creation model.

TN3 operates with a deliberately low public profile, and its named principals are not widely disclosed in public record or regulatory filings. The investment committee likely comprises the firm's founding partners, consistent with the governance structure of independent buyout shops of its size.

The firm sources proprietary deal flow through long-established intermediary networks, regional business broker relationships, and direct outreach to founder-owned companies. Its Scottsdale location provides a geographic advantage in sourcing transactions across the less intermediated markets of the Southwest and Mountain West.

TN3 targets lower-middle-market companies, typically with enterprise values that fall below the thresholds pursued by mega-funds. Target profiles include niche manufacturers, industrial service providers, and business services companies with strong market positions and clear levers for operational improvement.

The firm's fund structure and current investment vehicle are not publicly disclosed. Many lower-middle-market buyout firms of this profile invest on a deal-by-deal basis or through committed capital raised discreetly from high-net-worth individuals and family offices rather than through publicly marketed institutional funds.