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Lower Middle-Market
Growth Buyout

In 2023, Easterly entered a strategic partnership with Lateral Investment Management to scale their unique private equity strategy by unlocking access for investors to allocate growth capital to independent, bootstrapped, and family-owned businesses underserved by typical buyout firms.

Easterly’s deep experience with boutique firms will accelerate our growth and expand our investor base so that we can execute on our robust pipeline of transformational private equity investment.”

Richard de Silva, Founder and Managing Partner of Lateral

Investment Approach

  • Lateral addresses the dislocation in the U.S. capital markets that has flooded capital to financial sponsor-owned companies, crowding out funding to independently owned businesses.
  • Partnership approach focused on transformational growth buyouts at owner-operated middle market businesses to help business owners seize opportunities and grow faster.
  • Focused on established and profitable companies at an inflection point with an investment criteria of $10-250M in revenue, EBITDA of $5-30M, and a growth rate over 20%.
  • Avoids startups or companies with fundamental technology risk.
  • Enlists a phased, buy-in approach to build majority positions at a low basis in attractive, yet unknown companies positioned to take on larger institutional capital.

Focus Sectors

Value-Oriented, Thesis-Driven Entry

Lateral focuses on developing platform investments in the following four sector areas.

illustrative graphic of the focus sectors for the strategy

Strategy Facts

Lateral Investment Management
Alternative Solutions
Private Solution

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Phil (PJ) Juliano Jr.
Head of Sales
pjuliano@easterlyam.com

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