We start with employees. Respected and valued people are the cornerstone for providing great performance for our customers. We aim to deliver operational excellence and innovation to provide long-term careers for craftspeople at all levels. If you join us, your company will keep its name, into which so many people, employees and customers have invested so much. We will share best practices with you born of long experience in the industry. However, we recognize that each regional service, construction and labor market is unique, so we do not dictate standardized procedures. For the companies that join us, it is important for them to maintain and strengthen what has made them successful and be open to even better ways to operate. Above all, we want the people that join us to share in our dedication to operational excellence and strong, engaged cultures.
We are committed to fostering financial success among our operating companies and plan to grow both internally and externally with acquisitions while maintaining limited debt. Financial performance and strength go hand in hand with operational excellence and engaged workforces to best serve our customers.
Companies operating under the TriplePoint umbrella will keep their company name with an emphasis on continuing what has made them successful. Because we know each regional HVAC and refrigeration market is different, we do not dictate standard operating procedures.
We will support your operations through the sharing of best practices that we have learned work well in our industry to enable you to be even better. We will provide capital to grow your business to the next level of success in your markets, and will offer our experience to support leadership succession for your company when the time is right.
We are looking to add full-line mechanical companies to our family of operating businesses. We emphasize work in existing buildings – service and retrofit. Our values include a strong assembled workforce and excellent safety performance, and we favor notable work for healthcare, industrial and education end-use customers.
Preferably, successful entrepreneurs will to continue leading their companies after joining us, and prefer operations in strong regional economies. Our ideal operating company is a business with at least $500,000 of earnings before interest, taxes depreciation and amortization or EBITDA.
We have no upper limit on EBITDA. Healthy EBITDA margins are of greater interest to us. Above all, we look for a strong commitment to the continued growth and success of our shared business.