Equable Capital

Overview

Equable Capital is a private equity firm based in New York, specializing in long-term investments across various sectors. Founded by Jonathan Smidt, a former partner at KKR, the firm focuses on patient partnerships with management and key shareholders to achieve the long-term success of each business in which it invests. Equable Capital's assets come from Jonathan and closely aligned investors, who are personally engaged and committed to each investment opportunity. The firm's investment strategy is founded on patient partnerships with management and key shareholders in pursuit of the long-term success of each business in which Equable invests. Equable Capital seeks to invest between $5 million and $50 million in a single business or a portfolio of businesses, with $2 million to $15 million of EBITDA. The firm is equally comfortable being an outright or controlling acquirer of a business or a minority growth investor, collaborating closely with management teams to build sustainable value for all shareholders. Equable Capital is ideally suited to companies seeking new investment to refresh their capitalization tables or to finance growth, whether organic or acquisitive. The firm is also an ideal partner for enterprises that will value its hands-on approach. Jonathan's goal is to add value to companies by combining management's operational prowess with his relevant experience and extensive network. Long-term success of a business is enhanced through a focus on the key value drivers of the business, disciplined capital investment that achieves an acceptable risk-adjusted rate of return, and a focused acquisition and divestiture strategy. It has also become increasingly important for companies to have a proactive and considered approach to how they interact with their stakeholders. These are all areas where Jonathan can be a value-added partner.

Investment Focus

• Private companies in industry sectors well positioned for consolidation or disciplined acquisitive growth
• Private companies facing succession challenges or with shareholders seeking liquidity
• Private companies desiring an active investor to help them bring a fresh approach and perspective to growth
• Carve-outs of businesses from larger companies
• Smaller public companies looking to go private
• Companies seeking to augment their existing capital structures to position for growth