Five Elms looks for companies with a proven business model, strong manage- ment, and cash flow positive operations (or a clear path). The firm has a preference for financing businesses that have been self-funded during their first phase of growth and often helps to fund the second or third growth phase, provide liquidity for founders, pursue acquisitions, or solve various capital structure constraints.
While the team will opportunistically look at any company with an attractive growth profile, Five Elms tends to focus its efforts on service-based businesses. The following are select industries the firm currently finds attractive: