Investment screening

Make the logic visible.

Five qualification gates stop obvious mismatches. Qualified companies are ranked on eight explicit dimensions, with every score tied to a structured input.

Universe20Synthetic organisations
Qualified16All gates passed
High priority6Score of 8.0 or above
Median score7.8Qualified universe
Disqualified4Stopped before ranking
Selected company screen

Pinewater Maintenance

Industrial maintenance · Dusseldorf, Germany

7.67.6Attractive

Advance after resolving the two weakest dimensions.

Qualification gates

5 / 5 passed
Primarily B2B

Revenue is primarily generated from business customers.

€1m–€20m EBITDA

Illustrative EBITDA is €9.5m.

Privately held

Private equity-backed and not publicly listed.

European presence

Dusseldorf, Germany.

No recent change of control

No recent change of control is recorded.

Score ledger

Source fields
Revenue quality1.6 / 2.0

76% recurring revenue provides a solid contracted base.

Source field: recurringRevenuePct
Scale1.5 / 1.5

€9.5m EBITDA sits inside the illustrative platform range.

Source field: ebitdaEurM
Growth0.4 / 1.5

6% revenue growth is below the level expected for a growth-led case.

Source field: revenueGrowthPct
Profitability1.2 / 1.5

19% EBITDA margin shows attractive operating leverage.

Source field: ebitdaEurM / revenueEurM
Market focus1.25 / 1.25

A sharply defined industrial maintenance niche supports specialist positioning.

Source field: marketFocus + subSector
Product depth0.8 / 1.0

The product appears embedded, although technical differentiation needs validation.

Source field: productDepth
International0.55 / 0.75

39% international revenue provides evidence of early cross-border repeatability.

Source field: internationalRevenuePct
Dealability0.3 / 0.5

Private equity-backed status suggests a process-driven exit with valuation tension.

Source field: ownership
20 screening resultsIllustrative rubric v1.0