April 19, 2017 — Firm News
Elie Azar, founder of White Wolf Capital in 2011, emphasized the importance of persistence in private equity, stating that success requires surrounding yourself with capable people and maintaining resolve through challenges.
White Wolf Capital has successfully closed three deals sourced through Axial: Technicut Tool in June 2015, Consulting Solutions International in June 2016, and NSC Technologies in November 2016.
Azar chose to launch his own firm to focus on the lower to middle market, targeting companies with $10-100 million in revenues and $1-10 million in EBITDA. He believes this sector offers greater opportunities for active value creation and higher return potential compared to larger private equity operations.
When discussing deal selection, Azar emphasized that "Economics are important, but not everything." Successful partnerships require alignment on values and complementary expertise between investors and management teams.
White Wolf Capital adds operational value to portfolio companies by implementing simple, actionable metrics and leading indicators. One key tool is weekly cash forecasting that tracks customer receipts, vendor payments, and operating costs, enabling management teams to identify issues proactively.
The firm targets North American companies in manufacturing, business services, government services, information technology, security, aerospace, and defense sectors, with office locations in Miami, Chicago, Montreal, and New York City.