aerospace & defense overview - blue sea...
TRANSCRIPT
020518-3584
AEROSPACE & DEFENSE OVERVIEWDESIRED CHARACTERISTICS
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• Sole-source, proprietary or quasi-proprietary products and contracts
• High-quality customers and programs
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• for improvement
• High-integrity team and mission-driven culture
THEMES
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- Evolutionary or disruptive technology
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- Spending on defense and government priorities
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• Recurring revenue and contract visibility
• Strong contract and platform mix
• Value creation through operating improvements
TARGET SECTORS
• Additive manufacturing
• Advanced materials & composites
• Aftermarket support & MRO
• Complex manufacturing & assembly
• Defense & government services
• Defense technology
• Distribution & logistics
• Electronics & sensors
• Interiors
• Intelligence & security services
• Technology enabled mfg. & services
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PRIMARY CONTACTSScott Kirkendall(561) 655-8400 [email protected]
Mark Silk (561) 655-8400 [email protected]
(561) 655-8400 x101
Valencia, CA
July 2014Aerospace maintenance & repair
222 Lakeview Ave., Suite 1700 West Palm Beach, Florida 33401
www.blueseacapital.com©2020 Blue Sea Capital LLC
(561) 655-8400(561) 922-8844
222 Lakeview Ave., Suite 1700 West Palm Beach, Florida 33401
www.blueseacapital.com©2020 Blue Sea Capital LLC
(561) 655-8400(561) 922-8844
020518-3584
$25
$10
$2
$150
$40
$25
$200
$60
$30
Enterprise Value
Equity
EBITDA
• Talented management
• Strong value proposition
•
• Niche market leadership
• Multiple growth levers
• Based in North America
• Majority investments; will consider minority position with right partner
• Turnarounds for add-ons only
INVESTMENT CRITERIA
INDUSTRIES OF INTERESTAerospace & Defense
Target Size
Healthcare
Desired Characteristics
Industrial Growth
Other Parameters
• Additive manufacturing
• Advanced materials & composites
• Complex manufacturing & assembly
• Electronics & sensors
• Intelligence & security services
• Alternate site & outpatient services
• Medical & dental niche products
• Outsourced services
• Pharma services & distribution
• Physician practice management
• Distribution & services
• Electronics & electrical products
• Engineered components & systems
• Industrial technology & automation
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ACTIVE INVESTMENTS
Healthcare
Long Island, NY
November 2017
Ophthalmology
Industrial Growth
Huntersville, NC
May 2016Electrical
products supplier
Healthcare
Dallas, TX
July 2015Dental
service organization
Healthcare Aerospace & Defense
Valencia, CA
July 2014Aerospace
maintenance & repair
Tampa, FL
June 2014
Dental lab
Healthcare
Los Angeles, CA
April 2019
Concierge medicine
Healthcare
West Palm Beach, FL
September 2018
Urgent care
Industrial Growth
Houston, TX
November 2017Electrical
services & products
Healthcare
Baltimore, MD
April 2019
Diagnostic medical physics