Wirth Capital was formed with the sole purpose of acquiring and growing a single small to medium sized business in the greater Minneapolis / St. Paul metro area. We are two mid-career entrepreneurs each with over ten years’ experience in the energy and construction industries.
We want to work with the right business owner to provide an attractive liquidity option while also giving peace of mind that the business will continue under competent leadership.
In 2019, we successfully acquired In Control Inc, a control systems integrator based in Minnesota.
About Us
Anthony and Graham built a trusting relationship working side-by-side at a small management consultancy focused on operations and major program implementation in Minnesota and Wisconsin.
Anthony Bramante
Managing Partner
Anthony has spent the last five years working for and ultimately leading the residential division of a national solar installer. Previously Anthony worked as a consultant and project manager for large-scale electric utility projects in Minnesota and Wisconsin. Anthony served in the United States Marine Corps, deploying to both Iraq and Afghanistan. He lives in Minneapolis, MN with his wife and three children, and when not chasing them is an active cross-country ski racer and member of the Loppet Foundation community. Anthony holds degrees from the University of Penn. Wharton School and Dartmouth College. See more on his LinkedIn profile.
Graham Arntzen
Advising Partner
Graham has spent the last 10+ years building high-performing teams at growing companies. His experience covers a wide range of functions and competencies that allow him to engage across a company's value chain. Graham's management expertise includes strategic corporate initiative execution, new market and product development, and organization change management. Graham lives in Stillwater, MN with his wife and two children. When he isn't reading he is generally somewhere outside near water or snow-covered slopes. Graham holds degrees from the University of Minnesota's Carlson and Humphrey Schools and Viterbo University.
Criteria
We are actively searching to acquire a privately-held business from an owner seeking liquidity. We are focused on companies in the Minneapolis / St. Paul metro area that exhibit a majority of the following characteristics:
Company
A Strong Foundation
- Diverse customer base
- Valued employee culture
- Record of good supplier relations
- Positioned for organic growth
Industry
Energy, primarily distribution and end-use of electricity, with a focus on contractors and service providers.
- Electrical Contracting - Residential & Commercial
- Electric Utility Construction & Field Services
- Engineering & Design Services
- Manufacturing of Electrical Components
Peripheral businesses will be considered.
Financial
Stable Operating Cash Flow
- $3 - 35 million in annual revenue
- $0.5 - 5 million in annual earnings
- Record of continuous cash flow
Situational
A Responsible Transition
Owner seeking a liquidity event, opportunity to pursue new venture, or a lesser role within the company. Our acquisition structure is flexible and can accommodate an exit to fit the owner’s situation.
Approach
Anthony and Graham founded Wirth Capital to find, acquire, and manage a single business. We are entrepreneurs, not financial buyers or a large corporation. Our goal is to preserve a brand, maintain strong employee relationships, and continue to provide clients the quality and service they expect. Our focus is on driving towards long-term, sustainable growth, not short-term returns.
Goals & Investment Horizon
Private Equity - Maximize returns through leverage and cost cutting; exit in 3-5 years.
Strategic Corporate Buyer - Synergies through product integration, elimination of functions, and cost cutting.
versus
Wirth Capital - Invest in people, grow revenues, improve margins for the long-term.
Focus & Level of Commitment
Private Equity - Finding new opportunities, harvesting cash from current deals, and positioning 10-20 investments for exit.
Strategic Corporate Buyer - Merging acquired company’s assets and operations into broader corporate culture.
versus
Wirth Capital - Sole investment; we are 100% dedicated to operating and growing our acquired business.
Sources of Capital
Private Equity - Institutions, endowments, pension funds.
Strategic Corporate Buyer - Public investors, existing operations, and balance sheet.
versus
Wirth Capital - Successful entrepreneurs, executives, and local investors.
Deal Structure
Private Equity - Contingent on fund life cycle and investors’ expectations.
Strategic Corporate Buyer - Long term, potentially locked in stock, requires Board approval.
versus
Wirth Capital - Personal, quick, and able to accommodate seller tax considerations.
Investors
Our investors share our excitement about businesses in the energy space. They trust us to make the right deal, one that is mutually beneficial for the investor and the selling owner. After acquisition, these investors may serve as directors in the acquired company. We will be happy to share more information about our investors at the appropriate point.
Contact
We are always interested in speaking with entrepreneurs and energy professionals.Theodore Wirth
Theodore Wirth came to Minneapolis in 1904 to build a park system for the fastest growing metro area in the Midwest. Over the next 30 years he established our incredible network of parks, playgrounds, boulevards, flower gardens, and open spaces. His stewardship of our region’s public spaces has created over a century of benefit for our community.
We look to legacies like Theodore Wirth's as inspiration for what thoughtful, strategic vision and dogged leadership can leave for future generations.
© 2019 Wirth Capital LLC. All rights reserved.