Strategic Acquisitions and Growth with Novastone’s Adam Salmen

In this episode, Adam Salmen, Managing Director at Novastone Capital Advisors, joins Chris. Adam discusses the intricacies of their search fund model, a high-performing private equity strategy rooted in acquiring stable, cash-flowing businesses. He elaborates on their methodical approach to identifying a target company, codenamed "Project Buffalo", leveraging debt financing, and institutionalizing operations to enhance growth and profitability. The conversation also dives into the broader implications and opportunities within the steel industry, highlighting the growth potential through strategic acquisitions and operational efficiencies.

Highlights include…

• Acquiring a proven business with potential for growth.
• Investing in a steel industry company, Project Buffalo, focusing on growth opportunities and market trends. (6:00)
• Private equity investments with potential exit strategies. (14:14)

Learn about about Project Buffalo on Kingscrowd.