Aztec Capital Management

Aztec Capital Management is a for-profit investment fund established in 2020 to support and invest in startup and emerging growth private companies throughout the Midwest. The firm aims to build great companies by investing and partnering with world-class entrepreneurs and management teams, providing not only capital but also expertise, energy, and a network to foster growth. Aztec Capital is committed to offering the support and expertise required to grow and expand businesses into market leaders through accelerated organic growth and strategic acquisitions. While not day-to-day operators of portfolio companies, they are actively involved in strategic decision-making and are willing to assist in executing value-added initiatives. The firm operates under an open architecture philosophy, allowing portfolio companies to accelerate growth, enhance strategic positioning, and maximize value at exit. Aztec Capital differentiates itself through ownership flexibility and being a true value-added partner to the entrepreneurs it invests in. They pursue both control and select minority transactions in technology, technology-enabled services, and business services sectors, considering opportunities across stages from startup to mature family-owned businesses. The firm is flexible in structuring transactions to meet the needs and objectives of company founders and owners. Companies targeted by Aztec Capital typically have attributes such as being primarily headquartered in the Midwest, having a minimum $500 million market size, margin improvement and organic growth opportunities, scalable platforms and technologies, attractiveness to strategic buyers, and a competitive advantage that is defensible. The firm values integrity, discipline, efficiency, accountability, and direct, honest communication, believing these principles set the stage for effective long-term partnerships with less wasted time and risk. Aztec Capital was formed to honor the legacy of the late Dr. Michael Bushey, a self-made, successful investor, and was founded with core character traits of Dr. Bushey: honesty, integrity, innovation, creativity, paying it forward, and most importantly, family. The firm's core principles guide all phases of the investment process, from evaluating an investment opportunity to partnering with management teams and culminating with the exit strategy.