Eastport Operating Partners

Eastport Operating Partners is a $100 million fund formed to purchase privately held basic industries companies in the United States. Eastport was formed with the involvement of J.P. Morgan as investment banker and as a significant Eastport investor. Eastport targets companies that have several key characteristics to ensure they are well positioned to benefit from a 'buy-and-build' strategy. These companies should hold a leading position in a fragmented but promising niche market; benefit from significant and sustainable barriers to entry by competitors; and have a capable or augmentable management team, stable cash flows, low technology risk, and no significant customer or supplier concentration. The firm looks for niche manufacturing companies with revenues between $15,000,000 and $100,000,000.