About Us

Rolling Hills Capital is a search fund based in Stillwater, MN, dedicated to acquiring and nurturing a single enduringly profitable small business in the Minneapolis-St. Paul area. Founded and led by Evan Brooks, a seasoned entrepreneur with a proven track record of innovation and growth, Rolling Hills Capital is committed to continuing a business's legacy while steering it toward new horizons of success.

Meet Evan Brooks

Evan's journey began in the billboard printing industry at Circle Graphics, where he helped revolutionize the sector with the introduction of an innovative system for installing billboard posters. This system, which replaced paper and paste with recyclable single-piece posters, set a new industry standard overnight.

He went on to spearhead the creation of a new division within Circle Graphics, where he was instrumental to the development of a patented construction and manufacturing process for canvas prints. Evan built a successful e-commerce brand selling canvas prints to professional photographers, which generated $5 million in revenue in its first year. The product was also sold through major retailers including Costco, Walmart, Sam's Club, CVS, and Rite-Aid. The division's success culminated in the acquisition of Circle Graphics by a private equity firm in 2012.

In 2014, Evan co-founded Anthem Displays, where, as CEO, he created a distinctive digital billboard product, leading its development from electronics to software, and building a US manufacturing capability from scratch. After just over four years, Anthem earned a $11 million valuation when it executed a merger with Prismaflex International in 2018. The company was later acquired by Circle Graphics before finally changing hands to Watchfire in 2022.

Investment Philosophy

We seek enduring profitability and growth potential. We are prepared to invest in a company with stable cash flows and opportunities for earnings growth, leveraging Evan's extensive experience to unlock new avenues for expansion.

Experienced in:

  • Lean Operations Management

  • Employee-centric culture of continuous improvement

  • Product Development and Engineering

    • Electronics

    • Mechanical

    • Software

  • E-Commerce

  • Financial and Supply Chain Optimization

Target Companies

We are industry-agnostic, focusing our search on the Minneapolis-St. Paul metro area. Our ideal target is a company with earnings in the range of $500k to $1M, where Evan can actively engage in day-to-day operations, ensuring a smooth transition and continued success. Whether it's a family-owned business looking for succession or an owner contemplating retirement, Rolling Hills Capital is prepared to step in and lead the company toward its next chapter of growth and success.

INDUSTRY CRITERIA

  • Sizeable and growing industry

  • Small share-of-wallet

  • non-cyclical

  • Minimal regulatory risk

BUSINESS CRITERIA

  • Defensible competitive advantage

  • Identifiable growth opportunities

  • Diverse, loyal customer base

FINANCIAL CRITERIA

  • $500k - $1M million of SDE / EBITDA

  • History of profitability and growth

Contact Us

For inquiries regarding potential acquisitions or partnership opportunities, please feel free to reach out. We appreciate your interest in Rolling Hills Capital and look forward to connecting with you.