JACKSON HOLE, WY
Cache Creek Industries, LLC is named after a stream in Jackson Hole, WY. Cache Creek flows from the mountains, through the picturesque town of Jackson Hole and empties into Flat Creek near the National Elk Refuge. It is along this creek that the Cache Creek founder, Jake Blumenthal, met his wife. They now have three daughters and reside in Los Angeles.
ABOUT
Cache Creek Industries, LLC is a Los Angeles-based private equity firm founded in 2015. We are focused on making control investments in companies with up to $10 million of EBITDA. Cache Creek actively partners with talented management teams to drive value creation by enhancing culture, people, creativity, performance, and execution.
We primarily invest in companies in the Industrial Growth and Aerospace & Defense sectors and we also invest in companies outside of these areas in certain Opportunistic Situations. We provide strategic leadership, operational depth, experience and pragmatic solutions that help our portfolio of companies take bold action steps wisely.
At Cache Creek we are in the trenches with you, as we assume a proactive role within our portfolio of companies where we can confidently draw upon our experience, expertise and best practices to accelerate value creation.
PURPOSE
To be known as a great business partner to all stakeholders where we leave every circumstance better than when we found it.
VISION
To be a top tier investment firm where high integrity, passionate, solutions-driven professionals can thrive. We actively partner with talented management teams to drive value creation by enhancing culture, people, creativity, performance, and execution.
DIFFERENTIATION
We are acutely aware that business owners have myriad options when it comes to selling their company or partnering with a financial investor. At Cache Creek we are different than many of our peers by focusing first and foremost on people and culture. This focus combined with our significant experience successfully partnering with business owners and management teams makes Cache Creek a strong investment partner. We collaborate with our executive teams to help them overcome challenges, solve problems and to maximize their company’s growth potential. It’s the combination of these elements that greatly enhances our ability to drive increased value creation for all stakeholders.
CCI CULTURE
- Culture comes first
- Teamwork, Excellence, Character, Humility
- Enhance culture at portfolio companies
CCI TEAM
- Importance of people
- Integrity, Intelligence and Work Ethic
- Success focused, Results driven
CCI EXPERIENCE
- Experience across industries and geographies
- $1 billion+ of acquisitions completed
- Robust M&A and operating experience
CACHE CREEK VALUE ADD
Cache Creek’s primary goal is to partner with and build mid-size companies that can thrive and grow into great companies. Our strategy is based on delivering value-add across the areas as indicated below:
HUMAN CAPITAL
- C-Level recruitment
- Incentive comp plans
- Outside board members
- Sounding board for CEO
- Company culture
OPERATIONS
- Lean and process improvement
- Supply chain optimization
- Working capital management
- Facility rationalization
REVENUE
- Go-to-market strategy
- Brand strategy
- International expansion
- Acquisitions
- Price & margin stewardship
- New product development and culture of innovation
CAPITAL
- Acquisitions
- Growth capital expenditures
- Manufacturing improvements
- Capital structure optimization
CRITERIA
TARGET MARKETS
INDUSTRIAL GROWTH
INDUSTRIAL GROWTH
We are focused on acquiring industrial companies providing components, systems or related services with the following attributes:
- Strong product technology and/or brand
- Culture of Innovation
- Mission critical components/systems
- Highly engineered content
- Proprietary products
Examples:
- Fluid Technology
- Filtration
- Industrial Automation
AEROSPACE & DEFENSE
AEROSPACE & DEFENSE
We are focused on acquiring aerospace & defense companies providing components, systems or related services with the following attributes:
- Long-term agreements
- Platform diversification
- Exposure to growing platforms
- Mix of aftermarket and OEM
Examples:
- Defense Electronics
- C4ISR
- Structural Components
OPPORTUNISTIC SITUATIONS
OPPORTUNISTIC SITUATIONS
We pursue opportunities outside of our core industries that have the following attributes:
- Alignment with talented executive
- Similar financial characteristics to target markets
- Strong growth and margin profile
- Niche market or specialty product
- Cache Creek value add
ATTRIBUTES
- North America or Europe
- Revenue: $10M – $100M
- EBITDA: $2M – $10M
- Gross Profit Margins > 30%
- Strong Customer Relationships
- Strong Product Technology
- Add-On Acquisition Opportunities
- Business Improvement Opportunities
- Not Highly Cyclical or Capital Intensive
- Strong Organic Growth Opportunity
SITUATIONAL
- Partial or Full Liquidity for Owner
- Capital for Growth / Investment
- Management Buyouts
- Family Owned Businesses
- Corporate Carve-outs
- Majority Control Transactions
- Minority with Governance
We want to be known as a great business partner to all stakeholders where we leave every circumstance better than when we found it. With us, you can expect a true partner with the highest integrity and character.
EXPERIENCE
The Cache Creek principals have completed over $1 Billion of acquisitions across the globe.
DEAL LIST VALUES
INDUSTRIAL GROWTH
AEROSPACE & DEFENSE
OTHER
NUMBER OF DEALS BY INDUSTRY
INDUSTRIAL GROWTH
AEROSPACE & DEFENSE
OTHER
AGGREGATE TRANSACTION HISTORY – ENTERPRISE VALUE OF DEALS BY SECTOR
PORTFOLIO
Industry: Aerospace/Defense
Headquarters: Los Angeles, CA
Website: www.denalicommunications.com
Denali Communications Group, Inc. owns multiple companies that design, engineer and manufacture electronic communication and connectivity solutions for industry leading customers around the world. Denali’s products are utilized for mission critical applications and are designed to withstand incredibly harsh environments. Denali’s primary markets include Military, Commercial Aerospace, Mining, Transportation & Utilities.
Denali Brands:
Industry: Aerospace/Defense
Headquarters: Santa Ana, CA
Website: www.regaltechnology.com
Regal Technology Partners, founded in 1988, specializes in providing electronic contract manufacturing services to the aerospace and defense industry. Regal’s product offering includes COMSEC classified products, high speed network encryptors, satellite transceivers, and tactical radio systems. The company also provides a wide array of program management capabilities and services to its end customers.
TEAM
JAKE BLUMENTHAL
PARTNER
- • Vance Street Capital
• Charterhouse Group
• DB Capital
• BT Alex Brown - • Washington & Lee University –
BA, Cum Laude
DEAN DOUGLAS
PARTNER
- • Dover
• Grundfos / Peerless Pump
• Sulzer Group
• Allied Signal - • Pepperdine – MBA
• Cal State Dominquez – BS
Management must speak with one voice. When it doesn’t management itself becomes a peripheral opponent to the team’s mission.
CULTURE-DRIVEN PERFORMANCE
Cache Creek ascribes to the belief that a culture of Teamwork, Excellence, Character and Humility are essential to delivering top-tier performance.
The linkage between culture and long-term operational excellence is inseparable. The attributes of a strong culture are not only essential to talent recruitment and retention but are one of the single most important factors in achieving industry leading results.
Changing and articulating culture in a company is hard work. We are willing to do the heavy lifting because we know the return on investment is highly attractive.
CORE VALUES
TEAMWORK
- Deliver on promises
- Look out for one another
- Obligation to contribute
EXCELLENCE
- Respond promptly and act thoughtfully
- Do your very best
- Leave things better than you found it
- Failure and perseverance are essential ingredients in pursuit of excellence
CHARACTER
-
Do the right thing, even if it isn’t easy
-
Keep your promises
-
Tell the whole truth
HUMILITY
- Ask questions and listen
- Willingness to learn, improve
- Willingness to admit you are wrong
- Look in the mirror to assign blame, look out the window to assign praise
INTEGRATION
We believe that adhering to a set of core values is the only way to effectively drive behavior and deliver on our promises that is consistent with our desired culture. We integrate these values into every aspects of our organization from making investment decisions to new hires. We work closely with our companies to enhance and often codify their core values as well.
EXAMPLE: the logo shown represents the hierarchy of values in a manufacturing environment. This diagram assists employees on a day to day basis with decisions from the shop floor to the corner office. As an example, safety is paramount and comes before quality, schedule, etc.
A poor Culture, especially one that lacks accountability, is the single biggest impediment to superior performance, outstanding execution and ultimately success.