Approach: WEP will invest in the form of buyouts, growth equity, and recapitalizations targeting the infrastructure, industrial and building sectors in North America. WEP will invest in companies that are less than $100 million in enterprise value. Our ideal investment size is $10-$30 million of cash equity in each of our deals. We prefer to invest in cash flow positive companies but will consider investing in turnarounds where we have a clear operating plan to drive an earnings recovery. We will invest in larger transactions if the sourced transaction meets our investment criteria, including propriety sourcing, disciplined valuation, and in a sector we know. We will invest in smaller transactions if we see significant upside or a pathway to investing at least $10 million of equity.
WEP expects to be the lead investor in our transactions and will seek controlling interests in our companies. We will contemplate minority positions with control features for the right situation assuming we can achieve alignment with the existing owners or other investors.
We intend to offer regular, meaningful communication and transparency to our investors with regards to portfolio performance and firm activities. We will also maintain discipline around accounting, financial reporting and internal controls.