Strategy

Investment Focus and Criteria

From macro to micro, from big picture to granular details, we seek to partner with management teams to achieve favorable results and returns¹.

Consistent Focus

Chimney Rock is focused exclusively on the industrials sector – with an emphasis on Industrial Services, Aerospace & Defense, and Niche Products & Services. Our targeted current and future investments hone in on several key characteristics²:

  • Low disruption risk
  • Large, growing, and aging installed base
  • Consumable components
  • High long-term visibility
  • Diversified customer base
  • Barriers to entry

Our target platform investments typically exhibit the following characteristics²:

  • Headquartered in North America
  • Platform investments with $5 – $20 million EBITDA
  • Transaction values up to $250 million
  • Control transactions
  • Conservative capital structures

We will consider portfolio company add-on acquisitions of any size.

Focus Areas²

  • Industrial Services
    • Equipment MRO
    • Field and Localized Services
    • Facility Turnaround Services
    • Logistics Management
    • Infrastructure Support
    • Specialty Rental and Services
    • Testing and Inspection
    • Compliance Services
    • Aftermarket Products
    • Environmental Services
  • Aerospace & Defense
    • Commercial and Defense Electronics
    • Parts Distribution
    • General and Specialty MRO Services
    • Systems and Subcomponents
    • Consumables
    • Satellites and Communications
    • Manufacturing
    • Business Aviation
    • Engineering Services
    • Assembly and Kitting
    • Composites
  • Niche Products & Services
    • Aftermarket Products
    • Niche Manufacturing
    • Specialty Distribution
    • Pumps and Motors
    • Specialty Rental
    • Testing and Inspection

The Chimney Rock
Game Plan³

Executing our value creation strategy requires a balance of careful planning and ongoing evolution. We look for opportunities where we see similar Game Plan elements to prior successes and target situations where we believe we can meaningfully impact growth.

We seek to utilize a repeatable, demonstrated Game Plan to create value for our portfolio companies³.
We seek to utilize a repeatable, demonstrated Game Plan to create value for our portfolio companies³.

Executing our value creation strategy requires a balance of careful planning and ongoing evolution. We look for opportunities where we see similar Game Plan elements to prior successes and target situations where we believe we can meaningfully impact growth.

¹ There can be no assurance that Chimney Rock will successfully implement its investment strategy or that any fund managed or sponsored by
Chimney Rock will achieve its investment objectives or avoid losses. The investment strategy is subject to change.

² Target investment characteristics are included for illustrative purposes only. There is no guarantee any Chimney Rock investments will exhibit all, or any, of the indicated characteristics.

³ Chimney Rock's Game Plan is provided for illustrative purposes only, and no assurance can be given that it will be applied to any investment at any given time. Although the Game Plan described herein reflects Chimney Rock's standard approach to investing, there is no guarantee each element will be used with any particular investment and the actual approach may vary depending on the particular investment opportunity. There is no guarantee that the Game Plan will create value.