About Cold Bore Capital

Cold Bore Capital believes many lower middle market companies are attractive acquisition targets due to restricted access to capital relative to larger companies, the opportunities for operational improvements for many companies, and the potential for rapid valuation-multiple expansion that may occur as smaller companies add scale.

CBC’s thematic driven approach, combined with purchase price discipline and highly-structured downside protection, allows CBC to efficiently establish growth platforms and methodically add scale via add-on acquisitions and organic growth initiatives.

The rapid valuation-multiple expansion that may occur as cash flows become less risky often focus on three main drivers of Small Business Multiples:

• Owner/operator risk- How much of the business success is really tied to the owner operator?
• Customer diversification- How much of the business is tied to the top five customers?
• Data transparency- Is access to real time financial and business data to driving better and faster decision making readily available to someone other than the business owner?

CBC leverages the execution skills of its Operations Team to help bridge gaps that may occur between initial projections and actual results. Operations Team members work closely with platform C-Suite leadership to effectively drive integration of accretive add-on acquisitions, spur organic growth, and refine operating metrics to improve decision making across the enterprise.