Investment Criteria
NextSteps Capital focuses on investments in lower middle market companies with a history of generating revenues and positive cash flows through an established market position.
Ideal companies have:
- Proven management teams with a strong operating discipline.
- A number of years of positive cash flow with recurring revenues ideally between $5 million to $20 million.
- Pro-forma results that can be reliably derived from the impact of the use of proceeds.
- Operations centered in North America.