LBB's strategy is simple at its core. We partner with great management teams to build companies over a period of time measured in decades, not years, and do so by combining operational excellence with strategic acquisitions.
We seek to invest in companies that serve markets that exhibit the following key attributes: a long-term positive demand growth outlook; a robust profit margin structure; and an attractive return on capital sustainable over time.
We believe financial leverage should be used judiciously as a means of enhancing return on equity while maintaining financial and operational flexibility in all environments. This approach provides management the ability to focus on growing the business rather than managing the balance sheet, while providing the necessary capital to invest through all market cycles.