LKCM Headwater Investments

LKCM Headwater Investments is a Texas-based private equity firm that partners with management teams to build successful companies. They provide an operationally-minded approach, offering the necessary tools to develop market leaders with sustainable competitive advantages. Their investment discipline is derived from several decades of investing capital for their partners and themselves. LKCM, their investment team, affiliates, and related parties collectively represent approximately 30% of their committed capital, demonstrating both a passion for and belief in their efforts.

The firm focuses on investments within specific core industries, transaction types, structures, and operating profiles. Their investment criteria include buyouts and recapitalizations of family-owned companies, growth capital, consolidations and build-ups, corporate carve-outs, capital-constrained or distressed opportunities, and complex, time-sensitive opportunities. They generally seek to make 8 to 15 platform investments, typically in the range of $10 million to $75 million of equity per investment. The minimum size of each portfolio investment is generally at least $5 million.

LKCM Headwater Investments demonstrates a clear, hands-on, value-creation strategy with each portfolio company that leverages their expertise, experience, and network of relationships to help establish market-leading businesses. They believe that leadership is the driver of success for every investment and look to partner with teams and leaders with demonstrated success in their respective industries. Their management partners also have access to their broad relationship network and stable of operating partners, who serve their portfolio companies as directors, strategic advisors, and mentors. They also align a management team's interests with those of their investors to emphasize the concept of shared success.