
Private Equity Podcast: Karma School of Business Private Equity Spotlight: Value and Vision with John Caple of Hidden Harbor
Apr 3, 2024
John Caple, Partner at Hidden Harbor Capital Partners, discusses his transition to private equity, Hidden Harbor's approach to value creation, strategies for growth, and balancing work and family life. The podcast also touches on fishing adventures, investment criteria, building a foundation for business growth, and the impact of feedback in business perspectives.
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Joining A Firm Run Like A Business
- Caple left HIG to join Compass (later Hidden Harbor) because he wanted a firm run like a business with entrepreneurial leadership.
- He was drawn to Pete Kite's entrepreneurial background and the opportunity to build operations in West Palm Beach.
Buy Businesses With Fixable Operating Gaps
- Hidden Harbor targets founder-owned, less sophisticated businesses with strong products and customer satisfaction.
- They prefer businesses with structural potential to re-rate into double-digit multiples after operational improvements.
Implement A Value Creation Engine Fast
- Implement standardized operating procedures quickly via a dedicated portfolio operations group.
- Focus value creation on building teams, clear focus, and relentless execution with two to three priorities.
