We prefer to invest in companies that have a little “hair” – the enterprise has a few material challenges that must be addressed to maximize its potential.
In turn, there must be a common belief that ReignRock can provide resources, relationships or expertise to assist the company in overcoming its unique set of obstacles.
RETURN ON INVESTMENT
For the benefit of the investors and the management team, we must see multiple paths to generating a significant return on invested capital. That means the initial investment must be priced right and that the new, shared strategic growth vision is clearly obtainable.
In some cases, this could mean there is an underperforming or dormant asset that can be revitalized by the addition of new perspectives, strategies, tools, technologies, relationships or personnel.
ReignRock prefers to invest in companies with the following characteristics:
$5 – $50M in revenue
Excellent leadership (though maybe not a complete team)
Proven product or proven market – ReignRock is willing to take execution risks, versus risks associated with unproven technologies, questionable markets or unpredictable legislative headwinds
Unique or defendable market niche
ReignRock prefers to engage in the following transaction types:
Complex and Special Situations