Guiding Principles
Nikel has a clear and focused approach to its investments. The firm is a control-oriented investor in small companies, typically those with revenues in the range of $10 million to $25 million, which are experiencing a fundamental change in capital structure, strategy, operations or growth. In general, these tend to be companies that are performing below industry benchmarks or have inconsistent earnings, but can also include companies with untapped operating or growth potential.
Nikel strives to:
- Build long-term shareholder value with excellent returns.
- Tie executive compensation programs directly to shareholder value creation.
- Target value-added industries with sustainable long-term growth and cash generation.
- Retain an intentional and opportunistic acquisition strategy.
- Maintain a conservative leverage profile and follow conservative accounting practices.
