Monroe Equity Partners is an investment management company specialized in small Corporate Carve-Outs and Special Situations

COMPANY OVERVIEW


MEP goes through relationships to find potential Corporate Carve-Outs, of small subsidiaries, divisions, lines of business, products, and innovations. In the process, we also identify opportunities for Strategic Partnerships, to unlock potential and value.


Core Focus: Corporate Divestitures, Carve-Outs, Spin-Offs, and other Special Situations

  • Lines of business that no longer fit the priorities of the corporate parent.

  • Often distressed or underperforming, requiring turnarounds.

  • May require a different combination of resources, expertise, sales channels, etc., and thus make sense to be spun off as a separate company.

  • Or could have a significant capital requirement to realize its potential, that the current owner is not willing to provide due to reasons of risk, other higher priorities, or lack or fit with corporate strategy.

DEAL CRITERIA


  • Transaction Types

    Corporate Divestitures, Carve-Outs, and other Special Situations

  • Structures

    Control positions

    Outright buyouts

    Spin-offs. We often partner with the progenitor of the carve-out in a wide variety of structures

  • Transaction Size or Capital Requirement

    $1 - $50 million ($1 - $10 million Core)

  • Financial Profile

    Revenue of $3 - $100 million

    EBITDA of -$1 - $10 million ($1 - $3 million Core)

  • Geography

    United States

  • Strategic Partnerships

    Opportunities in which certain Strategic Investors and/or Strategic Partners provide a significant advantage.

Industries

Niche industrial services

Niche manufacturing

Multi-site specialty retail

Value-added distribution

Waste and environmental

De-Risked Ventures

Retail services

Marketing & advertising

Specialty printing

Specialty packaging

State & local government-dependent businesses (e.g., GovTech, or highly-regulated industries)

Power-related services

Specialty construction

Cannabis

Specialty transportation & logistics

Marine services

 

EXPLORATORY PROCESS

 

To find and explore opportunities, we have strategic conversations with business leaders to help them identify and determine options for:

  • Lines of business they could potentially sell and make a higher return on capital & time & resources elsewhere

  • Lines of business that are underperforming or distressed

  • Business lines that they would want to continue to own part of, yet could be more valuable under new management

  • Opportunities that could be opened up for one of their business units, if it were to take on a significant capital raise or strategic partner

Sometimes these conversations lead to specific opportunities, and regardless they always make for great ongoing relationships. We sometimes help surface opportunities that aren't right for us, and we gladly help advise and connect for an alternative viable path.

PORTFOLIO

  • MessageWrap

    Commercialized a patented retail marketing innovation MessageWrap, transforming the black conveyor belt at retail checkouts into a store experience with full-color printed messaging and an antimicrobial surface.

  • Goldrock Shorelines

    Launched in 2018 as an effective carve-out, Goldrock and its predecessor grew rapidly to become a market leader in shoreline services in West Michigan. The company serves both residential and commercial markets.

  • C3 Industries

    Premier, vertically-integrated cannabis company in select markets, delivering high-quality products with strong brand recognition. Headquartered in Ann Arbor, Michigan, operate the retail network, High Profile Cannabis Shop.

  • Right Lane Environmental

    Led by Right Lane Capital, purchased an abandoned coal mine in Pawnee, IL, providing solid waste disposal services to independent power producers, and restoring the mine to its natural condition.

  • Rock Hill Capital

    Private equity firm in Houston TX investing in small-to-lower middle market companies, focusing on buyouts and recapitalizations of industrial businesses. Over $200 million of capital under management.

TEAM & PARTNERS

Our team and partners are the drivers of MEP's core values of Partnership, Resourcefulness, and West Michigan values with national reach.

Core Team


JIM MCAVOY

Operating Partner

NATHAN VANDERPLOEG

Managing Director

TED ETHERIDGE

Operating Partner

Strategic Partners


CONTACT

Please reach out to us with any potential opportunities. We are happy to pay appropriate finders fees in the event of a successful transaction.

980 Monroe Ave NW
Grand Rapids, MI 49503