Perpetual Capital Partners

Perpetual Capital Partners is a private company dedicated to cultivating a diverse portfolio of business interests. As the investing arm of Perpetual Capital, the Allbritton family office, we operate as a holding company with an evergreen capital base. This unique structure empowers us to prioritize long-term value creation, unconstrained by traditional investment cycles or predetermined holding periods.

We believe in the power of independent operation within a supportive framework. Our businesses function as autonomous units, each with its own distinct strategy, financial structure, and dedicated leadership team responsible for day-to-day management. While our businesses operate independently, our corporate team plays a vital role. We actively seek out new investment opportunities, allocate capital strategically, oversee corporate governance and administrative functions, and provide valuable functional and strategic development resources to bolster the daily operations of our diverse portfolio. Working collaboratively, we identify, evaluate, and execute opportunities that drive sustainable growth and operational excellence, ultimately aiming for long-term success.

Our Philosophy: Building Enduring Value Through Proactive Ownership

Our investment philosophy is centered on building lasting fundamental value through active and engaged ownership. We seek businesses with defensible market positions in established industries, characterized by stable sales visibility and minimal risk of obsolescence.

We prioritize investment in businesses with sound financial foundations. Recurring or repeat revenue models, consistent cash flow margins, and a clear path for expansion or improvement are essential to our investment criteria. We believe that differentiated products and services offer a competitive edge, delivering value beyond purely commodity-based offerings.

Attracting and retaining industry-experienced professionals is paramount to our success. We partner with talented managers, aligning their compensation with ownership objectives to foster a shared commitment to long-term value creation. Our investment horizon is defined by the potential of the business itself, guiding us to grow promising ventures and strategically exit when the opportunity presents itself, rather than adhering to rigid timelines.

Industry Focus: Expanding Our Reach Across Key Sectors

Perpetual Capital Partners diligently focuses its investments across several key industries, where we strive to expand our presence and make a tangible impact: Business Services, Consumer/Retail, Healthcare Services, Industrial, Information/Data Services, Media/Communications, Real Estate, Software/Technology Enabled Services, and Specialty Financial Services.

Criteria for Investment Opportunities: Aligning with Our Vision

We actively seek out acquisition and partnership opportunities, along with new ventures, that align with our investment philosophy and strategic vision. We consistently consider both majority control transactions and minority investments in established businesses.

Majority Control Transactions

For majority control acquisitions, our target is middle-market companies headquartered in the United States, with the following characteristics:

• Existing operating businesses with demonstrable cash flows ranging from $5 to $50 million.
• Equity investments up to $250 million.

Minority Investments

In the case of minority investments, we prefer established businesses that:

• Exhibit a clear business model with specific defined uses of proceeds.
• Offer the potential for us to add value beyond the contribution of capital.
• Present a path to eventual control or a clear and agreed-upon exit strategy.
• Do not have a minimum transaction size requirement.

We value collaborative partnerships and are open to working alongside experienced executives, family offices, private equity firms, and independent sponsors who share our investment values. We understand that partners may have varying investment horizons and strive to structure mutually beneficial exit mechanisms that provide liquidity opportunities over time.

Add-On Opportunities

For opportunities that strategically complement our existing platforms, we do not impose minimum financial or transaction size requirements. Our focus on add-on acquisitions lies within the Fitness/Gyms and Managed IT Service Providers sectors.