Retailers – specialty stores, department stores, branded apparel, mass merchandisers, drug stores, discount chains, convenience and dollar stores, and food retailers
Wholesalers and manufacturers – branded consumer companies in soft goods, home décor, furniture, consumer staples, branded food, luxury goods, apparel, gifts, accessories, and toys
Distributors / consumer service – logistics management, in-store service firms, and outsourced service providers
E-commerce and M-commerce platforms coupled with or independent from brick and mortar retail organizations
Key Investment Characteristics
Well-developed, sustainable brand equity
Strong consumer recognition, competitive or premium pricing potential
Multi-channel distribution potential
Leading or defendable market position
Some level of critical mass / infrastructure
Favorable demographics and growth trends
Differentiated value proposition
Growth and margin improvement potential
Brand, channel and / or geographic expansion opportunities
Opportunities for improvement in marketing and customer relationship management, sourcing or manufacturing
Strong ROI model that can be replicated
Achievable investment thesis with PCRP’s active assistance
Types of Situations
Management buyouts / recapitalizations
Ownership transition
Subsidiary divestitures
Partial recapitalizations
Growth capital
Later-stage growth companies
Capital and operational expertise to facilitate growth
Turnarounds and restructurings
Situations that favor PCRP’s operational expertise and rapid response
Companies that have temporary operating or financial problems, but sound fundamentals
