CEO Requirements

Ascent typically looks to back CEOs looking for financing from private equity funds, who have:

• Previous experience as CEO or general manager of a company, with full P&L responsibility and all functions reporting to them.

• A proven track record of successfully building, as CEO, a company to $50 million or more in sales, with operating margins in excess of 15%.

• An entrepreneurial mindset, with ideas on specific acquisition candidates or a specific sector to target acquisitions in.

• Acquisition experience.

• A high margin, recurring revenue business model that allows a company to create a sustainable competitive advantage and to become a leader in its industry.

• The ability to build a complete and strong management team.

• A partnership mentality, with a high level of integrity and excellent interpersonal skills.

To view the backgrounds of CEO's of Ascent's current portfolio companies, please click here.