
OUR INVESTMENT STRATEGY
WHY DO WE INVEST?OBLIGATION

Growing the legacy of those who helped us
We were lifted up by people and places that believed in us – and now we carry that forward. We seek out those with the character, grit, and potential to do the same for others, knowing that real impact compounds when it’s rooted in purpose. When we invest in the right people, we don’t just grow businesses – we grow legacy.

WHAT DO WE INVEST IN?
LARGE-SCALE RANCHES & WORKING LANDS
Multi-generational properties with potential for infrastructure improvement, diversified revenue, and enduring value. We prioritize land that connects people to place, legacy, and purpose.
PURPOSE-ALIGNED DEVELOPMENT OPPORTUNITIES
Selective residential or mixed-use projects that reflect our ethos – designed for long-term harmony with the land and its communities.
OUTDOOR-FOCUSED OPERATING COMPANIES
Founder-led businesses rooted in outdoor experiences, land management, or services that elevate land-based enterprise and contribute to our growing ecosystem.
Ecosystem-Synergistic Ventures
We prioritize companies that strengthen the network – ventures that generate or share revenue, resources, or insight across our portfolio. We believe aligned, interconnected but diversified enterprises unlock outsized value for all stakeholders.

HOW DO WE WIN?
WE KNOW THE TERRAIN
We’re not outsiders looking in – we’re locals. Our deep familiarity with rural communities and working lands allows us to identify overlooked opportunities and unlock value where others don’t think to look.
WE DIG DEEPER
Our M&A background drives disciplined diligence. We don’t just underwrite risk – we uncover potential. We see what could go wrong, but more importantly, we know how to make it go right.
WE BACK PEOPLE, NOT JUST PLANS
We invest with a stakeholder mindset. That means the operators, teams, and communities involved in each venture matter just as much as the outcomes. When everyone has a stake, everyone pushes harder.
We Scale Without Losing Soul
We know scale can strain culture. That’s why we embed systems and support that strengthen – not dilute – the identity that made the business successful in the first place. Growth is only good if it brings people with it.
We Innovate
We’re willing to challenge old models and design new ones. From creative deal structures to first-principle operating frameworks, we embrace innovation when it builds stronger, more resilient businesses.

WHAT DO WE LOOK FOR?
CHARACTER COMES FIRST
Conviction, humility, integrity, and authenticity aren’t nice-to-haves – they’re non-negotiables. We back people we’d trust in a storm.
FOUNDERS WITH PURPOSE, NOT JUST PLANS
We look for operators who are in it for the right reasons – those building for impact, legacy, and their people, not just an exit.
CULTURAL ALIGNMENT MATTERS
We partner with those who can move between a boardroom and a branding iron – founders who embrace paradox, defy expectations, and stay true to who they are.
Ecosystem Synergy
We prioritize ventures that add strength to the whole – businesses that share values, create mutual opportunity, and elevate others across the portfolio.
Adaptability
We’re drawn to founders who thrive in dynamic environments – those who can hold the line when needed, but aren’t afraid to redraw it when the world changes.