%20-%20Color%20PNG.png)
Investment Focus
Slack Water Capital® invests in essential, service-oriented businesses that provide critical, recurring solutions to their customers. We focus on U.S.-based companies with strong fundamentals, loyal customers, and enduring relevance — businesses built to last, not to flip. Our goal is to acquire and grow these companies through patient capital, operational expertise, and long-term partnership.
Industry Focus
​We focus on industries that are mature, stable, and growing, with recurring demand and limited exposure to technological or cyclical risk. These sectors often remain highly fragmented, offering opportunities for consolidation and operational improvement.
​​
Examples industries of interest include:
-
Home and property services
-
Facilities maintenance and management
-
Skilled trades and specialty contracting
-
Professional and technical services
-
Niche value-added distribution
-
Niche specialty manufacturing
Geographic Focus
Our primary focus is on U.S.-based businesses in regions with favorable economic and demographic trends — including population growth, a strong labor force, and a business-friendly environment.
​
We selectively consider opportunities outside the U.S. where there is rule of law, economic stability, and transparent governance.
Business Attributes
We seek companies with proven performance and durable economics - businesses that have earned the trust of their customers and teams, and that offer a foundation for long-term growth.
​
We look for:
-
Market leadership or a clear path to leadership
-
High levels of recurring or reoccurring revenue
-
History of growth and profitability
-
Opportunities for operational improvement or professionalization
-
Low capital and working capital requirements
-
Diversified customer and supplier base
-
Strong management team and limited key-person risk
-
EBITDA typically between $1 million and $10 million
-
Fair valuation and transaction structure
Partnership Philosophy
We invest our own capital alongside management, building alignment from day one. Our approach is flexible. We are equally comfortable supporting a management team that wishes to roll meaningful equity and continue running the business as we are facilitating a full exit for an owner seeking to transition out of the business.
​
When a full transition is required, we take an active role in recruiting and onboarding new leadership, ensuring continuity for employees, customers, and stakeholders. Our partnerships are grounded in trust, transparency, and shared long-term goals.
