Investment Approach

At Snipe Island, we are looking to buy a single company to grow over a long term horizon. The ideal company would fit these criteria:

Healthy and Stable

We’re looking for a healthy and profitable business, offering a stable platform for continued growth.

  • Pre-tax operating profits between $1-5 million

  • Annual revenues between $4-35M

  • History of profitability for more than three years

  • High degree of recurring revenue

  • High competitive barriers

  • Low customer concentration - no customer accounts for more than 20% of revenue

The Right Management At The Right Time

We are excited to speak with owners who are considering a transition, retirement, or who are looking to reduce their day-to-day operational involvement.

  • Owner looking to sell a majority of private ownership, ideally above 70%

  • A strong middle management team interested in continuing on

Business Types

I am interested in vertical SaaS companies, business-to-business services, government services, technology, and healthcare services.

Some of my vertical interests include:

  • Businesses and technology supporting private practice management

  • Businesses and technology supporting local governments

  • Businesses and technology supporting maintenance of critical infrastructure (EV charging systems, water and power, fire suppression)