COMMONVIEW CAPITAL

Thesis

CommonView Capital, founded in 2015, is a private equity firm specializing in control equity investments in lower middle-market companies across the United States. The firm targets businesses with at least $15 million in annual sales and $2.5 million in cash flow, focusing on those with high value-added products or services, significant barriers to entry, and strong growth potential. Their strategy involves acquiring majority stakes and working closely with management teams to implement strategic plans, utilizing a long-term investment horizon backed by family office and other investor capital. CommonView Capital avoids early-stage ventures and minority investments, preferring control buyouts, management buyouts, corporate carve-outs, public-to-private transactions, build-ups, and recapitalizations. Key sectors of interest include healthcare services and products, industrial services and manufacturing, specialty business services, route-based services and logistics, value-added distribution, food manufacturing and distribution, and telecommunications and technology. While specific AUM is not disclosed, they seek minimum equity investments of $5 million and have raised $35 million in debt financing. The firm's founders, Scott Budoff and Tom Perlmutter, bring extensive experience in private equity, law, and operations.