While markets change and the universe of investment opportunities continually evolves, our investment criteria remain the same since the firm’s inception: we target high quality companies led by motivated and skilled executives who want to own and run their businesses with support from Abry’s expertise and operating experience.
CRITERIA
High Barriers to Entry
Barriers come in many forms including proprietary content, licenses, and economic advantages among others. Well-barriered businesses enjoy attractive operating margins and are protected from the volatility of economic cycles and competitive intrusions.
Predictable, Recurring Revenues
Companies that have long-term relationships with their customers, because their products or services are mission critical, provide stable foundations upon which to build equity value.
High Operating Leverage
Businesses with fixed cost structures enjoy accelerated cash flow growth as incremental revenue falls disproportionately to the bottom line.
Revenue and Cash Flow Growth
Abry invests in growing companies in attractive industry verticals where equity value is created primarily from revenue and cash flow growth.
Partnering with Experienced Management
Through decades of experience Abry has built partnerships with management teams in all of our areas of expertise. Our relationships with management are critical to the long-term success of every company in which we invest.
APPROACH
People and Resources
As a sector-focused investment organization, Abry's resources are made available to every portfolio company. Readily sharing decades of experience in operations, financing, mergers and acquisitions, and technology, our professionals are always available to support management in finding potential customers, leading financing or helping to strategize a new product line.
Partners in Growth
Abry’s success and long-term relationships are largely due to our thesis that management is on the front lines, driving the business. We have a collaborative, team-oriented approach that provides management with the resources and support they need.
Perspective
With almost 30 years of sector experience, we have the knowledge and patience across economic and market cycles that give us the perspective necessary to make sound long-term decisions.
Success Is Not a Straight Line
Having raised 19 investment funds, we understand that projections are often not precise predictors of a company's story over its life. Our focus is on creating long-term value for all stakeholders regardless of the unexpected challenges that can arise over the course of our partnerships.
Core Values
Integrity, professionalism, clear communications, collaboration, diversity, and mutual respect enable Abry to navigate the unexpected and develop meaningful and successful relationships that, regardless of profit or loss, stand the test of time.