What We Do

The Zaf Group Scope

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Own and Operate in Perpetuity

A core activity since 2016. We seek to acquire several companies with the intention of owning them forever. Currently we own two companies as General Partner – ACP CreativIT and ABCO Systems. We target acquisitions of well-run, family-owned businesses with $50-300M of annual revenues and no clear succession plan. We are not interested in auctions, but rather are interested in paying a fair price and for the business to be in the right hands for the long term.

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Active Operating Partnership

We seek significant involvement in a few private companies and/or PE firms, similar to our prior involvement with Blackstone and its portfolio companies. We have also added capabilities through The Zaf Group portfolio operations team. Nominal ownership is a possibility we would consider.

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Venture Capital

Our newest alternative investing arm is constantly looking for emerging long-term growth opportunities.

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Zafirovski Family Foundation

Built on the Zafirovski Family vision: “To fulfill God-given potential and to share good fortune with others”

Founded in 2004, The Zafirovski Family Foundation focuses on education, mentoring, healthcare, and economic development. We give back to causes and places that mean something special to us, such as: Macedonia 2025, Lurie Children’s Hospital, Chicago Public Schools through AUSL, Special Olympics, faith-based organizations, and various educational institutions.

TZG vs. PE

The Zaf Group Own and Operate model vs. Private Equity

Own and Operate Model

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Holding Period

In Perpetuity

2-5 years

Board Structure

Zaf Group + Previous Owner

Firm Executives

Key governance items

Unanimous consent of Board

Prior owner not involved

Free cash distributions

For taxes only

Typical recaps

Sponsor investment

Minimum 10% equity (current average over 50%)

Typically 1-2%