Dave Kennedy

Abacus Ventures is a Boulder-based private equity firm. Abacus is currently seeking new investments in media and education sectors, and is additionally seeking acquisitions of movie theaters as an add-on to its investment in Alamo Drafthouse Cinemas. Abacus Ventures bridges the liquidity gap, focusing exclusively on niche service companies with operating profits of at least $2 million. Abacus Ventures looks to team with successful business owners and managers who are not only seeking liquidity, but who are also interested in the long-term growth of their respective businesses. Because the firm invests its own capital, Abacus is a long-term investor dedicated to the long-term growth and profitability of its portfolio companies. Abacus targets niche service businesses with barriers to entry, a nationwide customer-base, upward trending financials, and sellers seeking liquidity, but wanting to participate in company growth. Abacus' transactions are typically structured as recapitalizations (recaps), where the seller retains significant equity in the company, however the partners will also finance management buyouts (MBOs).