Victory Partners is active in pursuing acquisitions and controlling investments in middle market companies. Through our celebration of the entrepreneur, we invest in or acquire companies founded by entrepreneurs who share like visions, spirit, and hands-on approaches to their businesses. Our target investment or acquisition size is between $10 million and $150 million. We seek to invest in small to mid-sized companies and to provide full or partial liquidity to entrepreneurs, family members, estates, passive investors or corporate owners. We enjoy working with seasoned owners who seek to retire but have not created a succession plan or an exit strategy. Our industries of interest given our expertise in these areas include but are not limited to niche manufacturing, financial services, consumer products, food and beverage, and specialty retail.
HOW DOES VICTORY PARTNERS INVEST?
Victory Partners shares common ownership with Royal Ascot Partners, LLC (visit: royalascotpartners.com) and all investments are currently made through Royal Ascot. Royal Ascot is an affiliated company of Hickman Investments, L.P., a Texas based Family Limited Partnership (or Family Office). Investments have been made in the following sectors: Manufacturing, Alternative Energy, Entertainment, Real Estate, Financial Services, and Defense.
Victory Partners is currently making application to the U.S. Department of the Treasury to qualify for its New Markets Tax Credit initiative and will develop a Community Development Financial Institutions Fund. This Fund shall be named The Hickman Family New Markets Fund, L.P., in honor of Holt and Jo Hickman’s continued commitment to serving low income communities in and around Texas and to the family’s long history of philanthropy in North Texas.
COMPETITIVE ADVANTAGES
Why Invest with Victory Partners / Royal Ascot?
The team at Royal Ascot has several notable distinct competitive advantages to offer you, the entrepreneur, during a succession plan, or transition period for your most prized financial asset, your company. We believe our team is unique in understanding the desires and needs from both a financial and legacy standpoint of a business owner. Royal Ascot is one of the few firms that offer a team made up of all entrepreneurs, has in-house Chief Operating Officers, and who has the investment flexibility and transaction experience from both the perspective of a purchaser, as well as a seller of businesses.
- Entrepreneurship: All team members of Royal Ascot have demonstrated a passion for entrepreneurship during their respective careers, having started and grown business in a myriad of industries. Due to this experience, we believe the entrepreneurs, managers, and employees of a business drive its success, and look to partner with existing management whom desires to remain with the company for an extended period of time. We feel an investment philosophy based upon long-term partnerships with management separates Royal Ascot Partners from other potential investment groups.
- Longer-Term Investment Horizon: A significant advantage to Royal Ascot’s investment philosophy is that we do not need to exit portfolio companies according to a predetermined investment horizon like most managed funds. Our sole focus is on finding, investing in, and growing sound businesses in accordance with prudent management decision-making, strong balance sheets, a focus on innovation, and the entrepreneurial spirit to evade complacency! This approach allows any management team to make the best decisions for their company in the long run.
Again, if we stick to our basic tenets and focus on results, the rewards for all will undoubtedly materialize. We view this advantage not only to be beneficial to our partners, but for the management team as they manage and grow the Company in a responsible manner. We have found many times the entrepreneur or management team has grown the business to the best of their capabilities given the limited resources available to them. With this in mind, Royal Ascot Partners has in-house operations professionals to offer the entrepreneur or management team a resource from which to draw advice and consultation, in order to help the company grow to the next level.
- Flexibility: Our flexibility goes hand in hand with our desire to build a meaningful and profitable partnership. We seek to structure transactions that meet the objectives of all parties involved. Furthermore, in contrary to our traditional private equity brethren, Royal Ascot Partners does not have a specific timeline, or set holding period for our investments. We believe this enables the management team to make the best decisions for the long-term viability and growth of each company Royal Ascot chooses to invest.
- Transaction Expertise: Every transaction has its complexities and complications, and Royal Ascot is committed to working together with business owners to surmount any obstacles that arise during the investment process. Our team has acquired, operated, and sold businesses, giving us the experience and knowledge to understand the dynamics of all parties involved in a transaction. Given this, Royal Ascot has the knowledge, experience, and a historical track record of acting quickly and getting transactions closed.
To learn more, please click: www.royalascotpartners.com
