Investment Profile & Strategy

Generally, we invest in profitable, well-established companies with tangible competitive advantages which benefit from clearly identifiable barriers to competition. Our investment philosophy is to invest in change – change created by industry trends, economic cycles or specific company circumstances. As a sponsor or in partnership with other like-minded investors, we seek to drive expanded market presence, improved profitability and a steepened growth trajectory in our portfolio companies.

We provide creative capital, structured for each investment opportunity. While we do not seek to become involved in the daily operations of our portfolio companies, our wealth of experience, deep industry expertise and large global network of affiliated partners, advisory board members, and operating executive’s position us as a vital resource from which management can draw strategic, financial and operational guidance.

We invest in companies across a broad range of industries and geographies. Our goal is to help management teams build long-term value that benefits all stakeholders. We structure our private capital investments based on each company’s circumstances and generally seek to invest in established businesses requiring equity capital of between $5 and $20 million. For larger transactions, we have co-invested in partnership with other sponsors.

Pierce’s relationship with its portfolio companies is generally long term. We commit our own capital to every transaction and partner with senior managers, who generally invest a substantial portion of their own net worth in their businesses.

Investment Criteria

Size of Investment	$5-20 million
Size of Target Company	> $1 million of EBITDA
Control	We pursue both control and minority investments
Board Representation	Yes
Ownership Requirements	Flexible
Investment Stage	No early stage VC (only Series B/C). We typically invest in profitable, established businesses
Transaction Types	Recapitalizations, growth equity, corporate divestitures, public equities.
Investment Securities	Equity-linked mezzanine debt, preferred stock and common stock securities
Type of Target Company	Public or private
Geography	Primarily Asia-Pacific
Typical Holding Period	Long term

Family Owners / Entrepreneurs: Our capital comes principally from a small number of high net worth individuals and families, and we pride ourselves on our ability to empathize with the unique needs of family owned businesses. In a very real sense, we are a family owned business. Because we deploy family money, we are acutely sensitive to the challenges and aspirations of family owned businesses. We are happy to tailor our investment to best meet your needs, from capital for growth initiatives to providing liquidity to owners who would like tap into the value that they have created.

Corporations: For corporations seeking to divest non-core assets, Pierce can provide credible execution and certainty of close, as demonstrated by our long track record of equity investing and deep relationships with all relevant financial, accounting and legal counterparties.

Intermediaries: We enjoy strong relationships with banks, brokers and other sources of deal flow. We offer rapid execution and a reputation for integrity built over three decades.

Equity Firms: We frequently partner with other sponsors as both lead and minority investor, and have long experience creating value in collaborative environments.

Area of Expertise

Proposals

If you feel that your business has a clear chance of becoming a serious player in a growing global market, then Pierce would welcome the opportunity to meet.