Investment Profile & Strategy

We invest in profitable, well-established companies with tangible competitive advantages which benefit from clearly identifiable barriers to competition. Our investment philosophy is to invest in change – change created by industry trends, economic cycles or specific company circumstances. As a sponsor or in partnership with other like minded investors, we seek to drive expanded market presence, improved profitability and a steepened growth trajectory in our portfolio companies.

We provide creative capital, structured for each investment opportunity. While we do not seek to become involved in the daily operations of our portfolio companies, our wealth of experience, deep industry expertise and large global network of affiliated partners and operating executives position us as a vital resource from which management can draw strategic, financial and operational guidance.

We invest in companies across a broad range of industries and geographies. Our goal is to help management teams build long-term value that benefits all stakeholders. We structure our private capital investments based on each company’s circumstances and generally seek to invest in established businesses requiring capital of between $5 and $50 million. For larger transactions, we have frequently co-invested in partnership with other sponsors.

Ulysses’ relationship with its portfolio companies is generally long term. We commit our own capital to every transaction and partner with senior managers, who generally invest a substantial portion of their own net worth in their businesses.

Investment Criteria

Size of Investment	$5-50 million
Size of Target Company	> $5 million of EBITDA
Control	We pursue both control and minority investments
Board Representation	Preferred but not always required
Ownership Requirements	Flexible
Investment Stage	No VC or early stage. We invest only in profitable, established businesses
Transaction Types	LBOs, recapitalizations, growth equity, corporate divestitures, public equities, distressed debt opportunities,
Investment Securities	Equity-linked mezzanine debt, preferred stock and common stock securities
Type of Target Company	Public or private
Geography	Primarily U.S. and Europe
Typical Holding Period	Long term (3-10 years)