Partnering With Us

For Intermediaries

Saratoga Partners is a middle market private equity firm that generally invests in partnership with management across the industrial manufacturing, business service and information service sectors.  We are the sole or lead investor in our deals, typically with control.  Our targets tend to be US-headquartered, and we seek companies transaction sizes are generally in the enterprise value range of $50 million to $400 million, with EBITDA ranging from $5 million to $40 million.  Our equity contributions generally range from $5 million on the low end up to $40 million and above, with co-investment from our limited partners.  Like many investors, we are seeking leading companies in their industries with strong management teams, excellent cash flow characteristics and competitive advantages created by differentiated products or services or unique business models.  However, our unique capabilities enable us to pursue and develop these transactions in many different ways:

• Special Situations: We routinely consider opportunities where there may be incomplete information, timing pressure, potential liabilities or divergent viewpoints on the future.  We are always willing to spend the time to understand “story” transactions and work together to tailor a solution.
  
  
• Creativity:  Perhaps due to the client-service culture we inherited from Dillon Read, Saratoga works to develop multiple ways to structure a transaction if we have conviction about an opportunity.  Our problem-solving approach aims to remove capital as the biggest constraint in getting a deal done.
  
  
• Supporting Growth: Saratoga has a long and distinguished history in working with management to grow their businesses through a combination of organic growth and acquisitions.  While we believe it is important to start with a strong platform in place, we are open to entertaining small, initial investments when the opportunity to put more capital to work is great.
  
  
• Responsiveness: Intermediaries will always get a quick “yes” or “no” response from Saratoga regarding our interest level in pursuing a transaction.  In those cases when the answer is “maybe,” Saratoga is forthright and open about the issues it sees and always willing to propose alternative approaches around them.