Seamount Capital
Seamount Capital is a private investment vehicle focused on acquiring lower middle market private companies between $1 - $10 million of TTM EBITDA.
We're a family-owned investment firm founded on Biblical principles. Honest dealings and integrity are the foundation of everything we do.
Seamount takes a different approach to traditional private equity.
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Seamount does not participate in banked or brokered processes but rather sources their deals directly from owners.
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We are a value investor; we typically pay under 4x EBITDA for our businesses.
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We take a deep operational involvement in each business, often replacing the ownership rapidly after closing.
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We focus exclusively on fragmented markets where add-on acquisitions are abundant.
Our Story
Eric Imasogie is the Managing Partner and Founder of Seamount Capital, bringing 15 years of diverse experience across sales engineering, project engineering, product operations, and product management. Throughout his career, he has held key leadership roles at global companies, including General Electric (GE Leadership Program), Flowserve Corp and Google.
Eric’s passion for manufacturing was sparked during his time in the oil and gas industry, where he gained hands-on exposure to the production of pressure-containing equipment and large-scale manufacturing operations. During his tenure in the industry, he led efforts focused on process improvement, cost reduction, and enhancing efficiency and productivity in manufacturing environments.
Eric holds a Bachelor’s degree in Industrial Engineering from the University of Houston and an MBA from Carnegie Mellon University’s Tepper School of Business.
Across our team:
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Founded and exited multiple businesses (sold one to $3 Billion enterprise software company)
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Head of small and large technical and operational teams at 50+ person company
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Experience raising capital
TYPES OF COMPANIES WE SEEK TO ACQUIRE
Investment Criteria
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Annual EBITDA or cash flow of $1 - $10 million
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Minimal business cyclical exposure; relatively stable revenue and profitability
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Diverse customer base with a high degree of recurring or re-occurring revenue
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Low CAPEX and net working capital requirements
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Identifiable and actionable opportunities for accelerated growth (such as geographic expansion, selling to new customer segments, product development, etc).
Owner Situation
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Seeking to retire or exit but lacks a clear succession plan
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Aspiring for a liquidity event to achieve life goals
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Looking to reduce day-to-day involvement
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Honest and motivated to ensuring a smooth transition
