NightArk
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Investment focus

Advantaged by AI. Resilient to it.

What we look for

  1. 01

    Advantaged

    Established businesses where AI is a force multiplier, compressing costs, widening moats and unlocking new economics.

  2. 02

    Resilient

    Structural durability through regulatory complexity, physical delivery or deep service entrenchment that AI alone cannot displace.

  3. 03

    Lower-mid market

    Asset-light businesses with $1–15m EBITDA and low capex, including spin-outs and special situations.

  4. 04

    Conviction and concentration

    One to two investments a year, each tested for the durability of its moats before we commit.

The bar

  • Strong growth
  • High capital efficiency
  • A business model we can understand thoroughly
  • Unique leadership teams
  • A credible path to exit

At a glance

PositionLead investor; significant minority by preference, majority and growth buyout considered
CompaniesEstablished, capital-efficient, founder- or family-led; bootstrapped by preference; spin-outs and special situations considered
SectorsEnterprise technology and business services
GeographyUnited States, Europe and Asia
RevenueAbove $5m, recurring or re-occurring
EBITDA$1–15m, asset-light, low capex
Average equity cheque$5–30m
ModelDeal-by-deal co-investment; partners evaluate each opportunity independently