INVESTMENT CRITERIA

Millstone Capital Advisors, LLC manages private equity investments for small to midsized companies in the Midwestern United States, although the principals are involved with investments throughout the United States.  We are the fund managers for FSM Fund I, L.P. and FSM Fund II, L.P. and are actively looking to place capital for emerging growth companies across a broad range of industries.  We are considering investments in profitable companies with an approximate range in revenue from ten to one hundred million dollars.

The investment criteria for the Fund includes:

  • Management team with a proven track record that is willing to invest in the company
  • Management team with high integrity, excellent reputation and good chemistry with the Manager
  • Strong cash flow with significant opportunity for growth with the need for additional management assistance or mentorship
  • Strategy aligned with industry trends and view of the Manager
  • The Fund may invest in a company located anywhere in the United States; however, the Manager will focus its efforts on companies headquartered within 200 miles of St. Louis
  • The Fund will invest in a broad range of industries and build a diversified portfolio of companies