Three Anacacia Companies in BRW Fast 100
Three BRW Fast Starters companies are nestled in the portfolio of private equity company Anacacia Capital. The founder and managing director of the fund, Jeremy Samuel, explains that the firm’s ideal targets are small to medium enterprises with profits of $3 million to $4 million and revenue of $20 million to $30 million.
“Sometimes we miss out on great very early stage start-up ideas but that’s not our mandate,” he says.
An ideal business is one that is run profitably and has typically one of two characteristics where Anacacia can assist: those in succession planning or businesses with significant growth ambitions that may be realised through a combination of organic or acquisitive growth.
© Business Review Weekly 2012