ignal
makes long-term investments in established businesses with a
bias towards companies in the communications, media and technology
industries. We look for investment opportunities in businesses
with these key attributes:
Established Businesses with Demonstrable Cash Flow
Signal invests in established businesses. We seek companies with
proven technologies that meet existing customer requirements.
We typically look for a history of at least three years of
consistent cash flow.
Strong Core Management
Signal finances seasoned mangers who have built strong businesses
and who have the drive and skill set to manage their companies
through the rapid changes inherent in the technology industry.
We hold management to a high standard of integrity and competence.
Key managers typically own a substantial amount of equity,
so we measure our success on the same terms – the long-term
appreciation of the value of the company's equity. Competitive Advantage
Signal invests in businesses that derive a competitive advantage
from a franchise, a technology, or technology-based service.
We look for businesses that can embed themselves in the operations
and cost structures of organizations. This embedded position
creates sustainable competitive advantages for our portfolio
companies through either high switching costs or economies
of scale.
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