D. J. Lipke

Principal @Prairie Capital

Chicago, IL

Since 1997, our investment focus has always been on lower middle market recapitalization or buyout transactions, using a flexible investment approach consisting of equity and supportive subordinated debt in aggregate amounts of $10 to 30 million per investment. Investment Company Characteristics- Typically privately held, with recurring annual revenues of $20 -$100 million- Annual cash flows of $4 -$12 million (10%+ EBITDA)- Significant operations in the U.S.Portfolio Company Attributes- Defensible market niche and strong value proposition- Participation in an industry with stable and growing primary demand- Significant, identifiable opportunities for organic growth- Above-average profit margins and historical growth rate- Experienced, equity-incentivized management team- High return on invested capitalWe’re looking for companies with stable cash flows and solid track records. We do not invest in early-stage companies, turnarounds, or companies with project-based revenues.

University of Notre Dame

BBA, Finance and Economics

Northwestern University - Kellogg School of Management

MBA, Strategy, Finance