Superior Capital Partners, LLC
Based in Detroit, Superior Capital Partners LLC manages a $60 million committed private equity fund focused on making control investments in special situations in the lower middle market. The firm has expertise in the following types of investments: Acquisitions of underperforming companies, divisional carve-outs from larger companies, restructuring and bankruptcies, and bank debt purchases. Superior looks to buy companies with revenue of $15 million to $200 million, investing $3 million to $15 million of equity per deal. There is no minimum for EBITDA for target companies, and EBITDA may be negative. Portfolio companies include Aftermarket Controls Corporation, a provider of electrical components and accessories to the automotive aftermarket. For more on the firm go to www.superiorfund.com.