Helping Maine Businesses

We are a long term, regionally focused private equity firm focused on supporting sustainable growth for our portfolio companies.    Founded in 2008 the fund currently has 7 portfolio companies representing over 350 employees in Maine and beyond.

Representative Portfolio Companies

Our Operating Philosophy

We partner with strong management to assist in creating enduring value in part by leveraging the resources and experience of AAI’s principals and affiliates.  AAI’s cross functional team provides active, on going financial, management, project management, operations, sales and marketing support to assist companies in both the daily operations as well as enhancing the long-term value of the company.

The principals take a long view of each investment with no defined exit time period but a strong likelihood of an exit within a 5-7 year period. AAI professionals have had great success partnering with management and view that process as the single most important element of the future success of the investment

Our Investment Criteria

What we look for in investments:

  • Scale and recurring revenue ($5 to $50 million in sales)
  • Stable track record of profitability
  • Gross margins > 30%
  • EBITDA $500,000 to $5 million ( >10% margin)
  • High quality team with a proven track record of success
  • Sustainable competitive advantages or niche
  • Unique or proprietary manufacturing processes
  • Proven sales model

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