Investing in Legacies
Focus
Thread Ventures (‘Thread’) is a single-sponsor platform focused on acquiring manufacturing businesses and service providers selling into real estate, infrastructure, and other hard asset spaces.
We understand that deciding to exit a business is an important decision and the culmination of considerable efforts and investment. As a self-funded vehicle, Thread can work quickly and transparently with founders and owners from initial diligence through transaction closing.
Thread is a long-term investor and focused on remaining an effective steward of the businesses we invest in.
Approach and Advantage
Investment Thesis
Industry and Business Criteria
High Replacement Cost - Significant hard assets, equipment, training, and technical expertise in place. Ideal targets have fixed assets and FF&E that are greater than 30% of enterprise value
Recurring Revenue - Repeat customers and/or contractual revenue
Critical Non-Cyclical Services - Producers and providers of critical B2B-focused products and services
Transition-Oriented Ownership - Owner is eager to work on the transition with Thread
Customer Concentration – Diverse base of customers and/or customer segments
Key Metrics
Margin Profile
Gross Margins of 25%+
Net Margins of 15%+
Revenue and Earnings Profile
Revenue of $2,000,000+
Earnings of $500,000+
Leadership.
AKSHAY GANDHI
Akshay’s experiences with leading teams, building institutional systems and processes, and driving B2B sales processes position him effectively as an investor and operator. Prior to founding Thread Ventures, Akshay was a Senior Vice President at Olive Tree Holdings, an institutional real estate private equity platform, and a Partner at Olive Tree Ventures. At Olive Tree, Akshay was the first employee and responsible for the leading the firm’s capital events (equity recapitalizations, restructurings, refinancings, dispositions) process on over $1bn in transactions. He was responsible for creating several systems and processes around the firm’s capital markets, transaction management and underwriting efforts.
Akshay partnered with the firm’s founders and principals to launch Olive Tree Ventures (“OTV”) and TrueRate Services (“TrueRate”). Olive Tree Ventures is a taking an active and operational approach to venture capital investing in real estate and construction technology. In his former capacity as a Partner at OTV, Akshay partnered with early-stage founders to successfully build targeted B2B sales systems that multiplied revenues within 12-18 months. Similarly, he was actively involved in the seed and scaling of TrueRate, a tech-enabled commercial real estate capital markets and investment sales platform.
Outside his experiences at Olive Tree, Akshay has also been an active investor in real estate, hospitality, and technology businesses. Akshay has an MS in Real Estate Finance from NYU and a BBA in Finance and International Business from The George Washington University.