Investment Criteria
GrayRock partners with founders and management
GrayRock partners with founders and management teams to invest in businesses with durable fundamentals and clear opportunities for growth. We tailor our approach to each transaction while maintaining disciplined investment criteria.
Target Company Profile
Revenue
$10 million – $300 million
EBITDA
$3 million – $25 million+
Ownership
- Founder-owned, family-owned, or entrepreneur-led businesses
Geography
- North America (U.S. focus)
Target Parameters
Revenue
$20 million – $300 million
EBITDA
$4 million – $25 million+
Ownership
Founder-owned, family-owned, or entrepreneur-led businesses
Geography
North America (U.S. focus)
Transaction Structures
GrayRock is flexible and creative in structuring transactions
Transaction Structures
GrayRock is flexible and creative in structuring transactions, including:
- Majority recapitalizations
- Founder liquidity events
- Management buyouts
- Platform investments with add-on acquisition strategies
- We seek alignment and long-term partnership rather than one-size-fits-all structures.
Key Investment Attributes
Non-discretionary demand drivers
Attractive EBITDA margins
Strong customer relationships and retention
Meaningful differentiation or niche positioning
Experienced and motivated management teams
Target Company Profile
Stable and predictable cash flows
Attractive EBITDA margins
Recession-resilient demand
Strong customer relationships and retention
Meaningful differentiation or niche positioning
Experienced and motivated management teams
GrayRock Investment Partners is an independent private equity firm focused on stable, recession-resilient companies. We partner with founders and management teams to strengthen foundations, accelerate growth, and build durable value over time.