Spiegel Partners – based in Dana Point, CA, invests in businesses with 'quality-leader' products or services. We usually invest in ‘change of control’ opportunities, but we’ll also consider non-control equity as well as debt investments. Jordy Spiegel is the CEO & Chairman of IKM Holdings - subscription-based knowledge & skills tests used to assess prospective hires (www.ikmnet.com), Executive Chairman of Meisei Tools – thermal wire stripper manufacturer serving the Aerospace and Defense industries (https://meiseitools.com), and Managing Partner of Spiegel Partners.Spiegel Partners screen acquisition candidates based on the following, in order of priorities:• Management leadership: we like, trust and respect each other• Culture: fun & mission driven• Products: Quality leaders, creating or having the potential to create growth niche markets by expanding the size of its addressable markets with product line extensions• Customers: fans that evangelize about the products to colleagues & friends, with at least 85% retention rates. This creates word-of-mouth customer referrals, as well as resiliency during cyclical downturns• Ideal investment thesis: 1) above average free cash flow margins, 2) negative working capital, 3) recurring revenues/high customer retention ratesAs operators of our two platform companies, we appreciate the importance of not interfering in the day-to-day running of the business by our CEO partners in which we have invested - while also providing proactive feedback on financial, strategic and operational issues.Jordy was previously a founding partner of GESD Capital Partners - a San Francisco based private equity sponsor, EVP of Laffer Associates - a La Jolla based economic consulting and investment firm, securities analyst following publicly-traded special situations for Crowell, Weedon & Co. - an LA based investment bank, & on the research staff of the Democratic Senate Campaign Committee in Washington, D.C. Jordy received his Bachelor or Arts degree with honors in Cultural Antropology from USC, and an MBA from Harvard Business School. Jordy is on the Board of the following nonprofit organizations: Miracles For Kids, the Orange County Board of Alder, and The Laffer Center for Supply-Side Economics - a public policy think tank.