We're not a private equity firm, a strategic acquirer, or a search fund.
The Sierra Model
We're buy-and-hold acquirers of exceptional services businesses.
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When we acquire a business, we make a commitment to holding that business indefinitely. Where the private equity model is to acquire, optimize, and resell, SMG's model is designed to grow our portfolio companies in perpetuity. Post-acquisition, it's business as usual. We operate with a decentralized model, meaning our portfolio companies retain their brand, culture, and most importantly, their people.
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Our model appeals to shareholders who are not just looking for liquidity, but a home for their business that will protect their legacy, customer relationships, and employees.
Acquisition Criteria
We invest in mature businesses that have provided a highly mission critical service to their customers for over ten years. While our focus is within the IT services space, we evaluate all managed services providers.