The market is hot, and there's no shortage of private equity firms and corporations willing to buy your business. We're another option, with a different approach that differs in the ways that actually matter to you and your team.
We're buying one business to run, not to resell. There's no fund life or exit date behind us.
Because the fund has to return money to its investors on a schedule.
It usually becomes part of the parent company rather than staying its own operation.
Full time, and we move to where the business is.
Reporting to the fund, or you for a while if you agree to stay.
Someone who already runs another location and adds yours to their territory.
You built the reputation, and it's worth money.
Kept at first, then rolled into a new brand once the platform takes shape.
In favor of theirs, generally within a year or two.
At the same pay or better. They're most of what we're buying.
Headcount follows the operating plan and the cost targets.
That's often the reason for the deal.
There's no committee above us.
One you'll likely never meet.
A corporate development team runs the process, then their board signs off.
Plus capital from a small group of likeminded investors, and potentially a bank loan if the deal makes sense.
Significant debt gets placed on your company to make the returns work.
Cash they already have on hand.
Ninety days, a year, or forever. It's your call.
Often tied to hitting targets.
Then they're done with you.
Over the years, and yours is the foundation.
Yours is one line in a portfolio.
Yours is a market entry.
Plenty of good people work at your large competitors and private equity funds (including some of our team). For some owners those are the right buyers. We're describing what the structures tend to require (from our experience), and the trade-offs and considerations with each.
Nobody can make us sell your business on someone else's schedule, because there's no one above us to answer to.
The people you meet on the first call are the people who decide.
We're focused on building a sustainable business for the long term, not maximizing cash flow in the short term. Your team, brand, culture, and customer relationships are the foundation we'll build from.
We'll be involved from day one as an active partner alongside you, taking what we can off your plate so you can focus on what you enjoy most.
If a buyer won't answer them plainly, in writing, that tells you what you need to know. We'll answer them on the first call.