EFO strategy centers on making control investments in and providing mezzanine financing to growth-oriented, lower, middle-market companies in the southwest and southeastern United States.  While we never want to turn down an investment opportunity, a majority of our investments have the following characteristics:

Company Characteristics:

• Companies with proven operators committed to growing their business
  
  
• Revenues of $10MM+
  
  
• EBITDA of $2MM+
  
  
• Significant growth opportunities

Investment Characteristics:

• Equity investments of $5-15MM
  
  
• Minority or majority ownership positions

Transaction Types:

• Growth Capital Investments- Positive cash flow companies that need capital and resources to expand their businesses, pursue growth initiatives, reduce financial leverage, or complete strategic acquisitions
  
  
• Recapitalizations- Entrepreneurs who seek partial liquidity for themselves or liquidity for non-management shareholders
  
  
• Buyouts-  Management teams who want to grow rapidly with the help of a financial partner