Texas is the twelfth largest economy in the world, with the second largest population and the second largest civilian labor force in the nation. The state has three of the 10 largest U.S. cities, including seven of the 10 U.S. cities with the highest projected job growth. Texas is an international transportation hub, the top exporting state in the U.S. and the second largest manufacturing state in the nation. A recent survey of CEOs ranked Texas as the number one state in which to do business for the fifth year in a row.

The Texas economy has fared better through the current recession than other parts of the country, and we believe it should emerge faster and more strongly than other regions. At the same time, multiples for small company acquisitions have contracted nationwide and valuations remain low. Therefore, investors in Texas‐based businesses have the opportunity to acquire companies at depressed valuations that have relatively stronger prospects than companies in other parts of the country.

SigmaBleyzer has established its strong track record by finding and capitalizing on opportunities in which we’re able to add significant operational value. We see opportunities in Texas today very similar to those in which we have historically invested in other regions, including:

As a result, we see many deals in Texas today that are strong candidates for our particular private equity turnaround experience, with little or no leverage.

Investment Criteria

We are particularly interested in deploying capital in situations with the following attributes:

We are not currently looking to deploy capital in oil and gas, real estate, or early stage venture opportunities.