HEP has a strong preference for backing seasoned operators who have grown and successfully exited prior companies.
We generally prefer companies that are profitable or have a very clear path to profitability within 12 to 18 months. We do not invest in pre-revenue companies.
We typically invest $5 million to $15 million per portfolio company, but have the ability to fund larger deals with co-investors.
We prefer a significant minority or occasionally majority ownership position. Together with our co-investors, we will generally have a majority interest.