Auxo Management LP

Profile

Auxo Management LP is an entrepreneurial investment firm based in New York, Toronto, and Dallas, specializing in the acquisition of small to medium-sized businesses with revenues ranging from $5 million to $100 million. Founded by Rob Cherun and Erik Mikkelsen, who bring backgrounds in management consulting, corporate finance, and investment banking, Auxo Management distinguishes itself by targeting stable and profitable companies where owners are seeking retirement or reduced involvement. With a hands-on approach, they focus on sectors such as video surveillance and physical security, offering both capital and managerial expertise to support the acquired businesses.

The firm primarily invests in the video surveillance, physical security, and related sectors, targeting businesses in North America. While focusing on acquiring companies where continuity is essential, Auxo Management ensures sustained growth for the companies within their portfolio without traditional exit options. The team consists of over 20 seasoned investors and advisors, leveraging extensive acquisition and management experience. They do not disclose a definitive investment size but emphasize their adaptability in structuring deals that maintain continuity for employees and customers.

Notable investments by Auxo include Stealth Monitoring, a leading provider of remote video surveillance. This company has grown significantly under their leadership, expanding from a few locations to over 15 offices with 500+ employees. Such strategic acquisitions highlight Auxo's focus on long-term growth and value creation across its investments.