Long-term investments
in public and private companies.
About our
PARTNERSHIP
Founded in 2003, Kinderhook Partners makes long-term investments in public and privately held companies worldwide.
Substantially all the capital the partnership manages belongs to the principals who work here. Our efforts since we began the partnership have produced annualized compounded returns greater than 20%.
Public Markets
We typically acquire positions by buying stock on the open market, through block transactions, or through direct investments, generally targeting initial investments of $5 to $25 million. When making direct investments in public companies, we typically favor uncomplicated common stock purchases which can be carried out quickly and with minimal transaction costs.
Search Funds
Starting in 2004, Kinderhook has been an active investor in search funds based in North America as well as in Europe and Latin America. We are hands-on search fund investors interested in being involved in all stages of the search process including in appropriate cases serving on search fund company boards.
Growth Equity
We opportunistically seek minority investments in private companies. Our ideal targets have a proven business model, a clearly articulated business plan, and concrete uses for growth capital.
Areas of
INVESTMENT
Our PHILOSOPHY
We manage a concentrated portfolio of long-term investments in public and private companies that we believe have both the potential to grow substantially in value, and management teams whose interests are closely aligned with shareholders.
We consider investment opportunities in a wide variety of industries, focusing on companies that have the potential for attractive margins and a high and sustainable return on equity.
We perform extensive due diligence on all prospective investments. When investing in public companies we prefer a passive, hands-off approach and generally do not become insiders. Occasionally, we may take a more active role in our investments drawing on our many collective years of experience serving on public and private company boards.
Our team collectively owns the capital in the fund. Our stable capital base gives us the confidence and flexibility to invest for the long-term. Indeed, our investment horizon is typically at least three to five years but can be much longer.
In addition, the structure of our fund allows us to be comfortable with investments which are illiquid, exhibit substantial price volatility, or are outside of the United States.
Our
PORTFOLIO
Our team has invested over a billion dollars in more than 100 companies at Kinderhook and predecessor funds.
Amongst our Past and Present PUBLIC POSITIONS
Public B2B Businesses
Public B2C Businesses
Amongst our Past and Present PRIVATE POSITIONS
Kinderhook
TEAM
