Derek McHerron's Contact Details

Derek McHerron's Company Details

Transition Capital Partners

N/A, , US • 10 - 19 Employees
Venture Capital

Transition Capital Partners ("TCP") is a Dallas, TX based, family office funded, private investment firm. Founded in 1993, TCP has successfully invested in over 45 lower middle market companies spanning a diverse array of industries. TCP is affiliated with the Patterson Thoma Family Office.TCP partners with management teams to build sustainable value in businesses over the long-term, without the artificial constraints fundraising cycles create for traditional private equity funds. With more than twenty-five years of proven success, we have a long track record of collaborating with our partners to accelerate the growth of lower middle market companies.INVESTMENT CRITERIA:- Control Investments- Owner Recapitalizations, Corporate Divestitures and Management Buy-Outs- EBITDA of $2mm – $15mm for platform acquisitions - Recurring Revenue of $5mm – $15mm for SaaS software companies (no EBITDA minimums)Sectors:- Business / Consumer Services- Healthcare Services- Software and Technology-Enabled Services- Niche Manufacturing / DistributionGeography:- HQ in the US INVESTMENT THEMES:WE INVEST IN TEXASWe are interested in acquisitions in many industry sectors in Texas and surrounding states. We have completed more than 20 acquisitions in Texas and passionately believe in the economy and the management teams that choose to build businesses here.MANAGEMENT BUY-OUTSWe look for financial alignment with our management partners. We back management teams to buy out inactive or retiring partners, buy the business they are running or buy a business they want to run.Please contact Jason Faucett with investment opportunities at jason@tcplp.com or (214) 978-3812