Management - Disciplined,
aggressive management teams with relevant experience
and teams that will benefit financially from the success
of their companies.
Business Concept -
A well-formulated business model that addresses product
development, competition, distribution and market
dynamics, and which demonstrates economic success.
Advantage - A significant
price, performance or lead-time
advantage over competing technologies
and businesses. The advantage can
arise from a proprietary market
position, management expertise,
technology or product base. A competitive
advantage which allows extraordinary
operating margins over a significant
period of time.
A minimum market size of $50 million
with domestic and international
potential to allow for significant
growth in sales and earnings.
Valuation - Should reflect
the risk of the investment and
be consistent with the HMS’ investment
objectives of achieving an exceptional
Strategy - HMS gives specific
consideration to the available
choices for realizing the portfolio
company’s gain in value.