Cambric

“Typically people who really know their craft and know their business and know the fundamentals can really explain why we do certain things, why we don't. They may not have all the skills to go fix it, but they understand what the issues are and what the proble…”

“We find most mid-sized companies have between 15 and 30 roles that are the most critical roles to get right, and these are the ones that are creating the most value.”

“So maybe a traditional private equity might put four to six times the leverage on a business. We'll probably do two or three times. We might also use a term of like a seller note where the seller is helping finance that which is a little bit more friendly than…”

“We typically say, like, an okay business is maybe 20% return on capital. A great business is probably looking at 50% plus in terms of return on capital.”

“We think most businesses can improve productivity, you know, two to five percent a year, every year, Just by being disciplined about it.”

“We're oftentimes doing interviews, so our Cambric Business System team will spend time meeting with 70, 75 people in the business and understanding where they think the opportunities are as well.”

“We only invest in one or two companies here. We'll look at 500, so we're really selective at finding the highest quality businesses that have a long runway.”

“And then I think for us in terms of one thing that we do distinctively different than Berkshire is we're much more hands-on operationally.”