Permanent Equity

Profile

Permanent Equity is a private equity firm based in Columbia, Missouri, that focuses on investing in companies without the intention of selling. Established with a mandate to offer patient capital, they operate with 30-year fund horizons, allowing them to be generational partners. The team is intentionally built to ensure integrity and shared values, emphasizing a 'no asshole policy' and the principle of 'do no harm'. What sets them apart is their commitment to never sell a portfolio company and their avoidance of debt to maintain operational flexibility.

The firm focuses on investing in profitable businesses with $2-25+ million in net annual profits, aiming for 15%+ annual growth rates. They do not target specific sectors or geographical regions but broadly invest in mature and growing companies. Permanent Equity prioritizes preserving values and promoting growth without forcing exits. Their explicit investment criteria suggest a preference for resilient companies that align with their values.

Some notable companies in Permanent Equity's portfolio include Adventure Ready Brands - outdoor safety and first aid products, Darn Tough Vermont - performance socks, and Infinite Technologies Orthotics and Prosthetics - prosthetics and orthotic solutions. They aim for long-term partnerships, focusing on business durability and value preservation.