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• Revenue: $20M – $150M
• EBITDA: $3M – $15M
• Recurring or Mission-Critical Revenue Streams
• Defensible Market Position in a Niche
Segment
• Strong Free Cash Flow with Low Capital Intensity
• Clear Pathways for Growth (Organic and/or M&A)
• Business services
• Industrial services
• Distribution
• Infrastructure-related services
• Asset-light industrial and specialty manufacturing
