Investments.
We buy or take structured stakes in lower-middle-market businesses inside a tight box. Operators buying operators. No fishing expeditions.
BUY BOX
If you're an operator wondering whether your business is in scope, here it is. Concrete. No adjectives.
- Geography
Within a 2-hour drive of the Philadelphia suburbs.
- Size
$250K+ seller's discretionary earnings (SDE).
- Structure
Full buyout, structured rollover, or operator-led recap. Open to seller financing and earn-outs.
- Industries
Real estate services. Home services. Kids sports. Healthcare.
- AI fit
AI-enabled, not AI-replace. The business should still work without us; AI is the lever we add, not the thesis.
- Customer mix
B2B or B2C, both fine. No preference at the gate.
WHY THIS BOX
Most search funds and lower-middle-market PE shops cast wide and bid on whatever clears IRR. We do the opposite. The industries we buy in are industries we have personally operated in or built around. The geography is where we actually live and can be on-site inside half a day.
AI-enabled, not AI-replace, is the operating thesis. We do not buy businesses to fire the workforce and run them with software. We buy businesses where AI compounds the operator, speeds the back office, and lets the team in the field do more of what they were already good at.
The $250K SDE floor exists for one reason: below that, the business cannot support real management plus a debt-service load plus the operating margin we expect from a business worth owning. Above it, every dollar of SDE is a real lever on the deal.
INTRO TO CLOSE
- 01
Intro
30-minute call. We tell you what we are looking for, you tell us what you have, both sides decide whether to keep going.
- 02
LOI within 2 weeks
If the business clears the box, you get a written LOI inside 2 weeks of receiving 3 years of P&Ls and a clean asset list. Real numbers, not wishful ones.
- 03
Diligence in 60 days
Financial, operational, customer, and tech-stack diligence run by the same operators who will be running the business. No outsourced QofE bench.
- 04
Close and stand up
Close, then 90-day operating plan with the seller and the team. We do not buy and disappear, and we do not buy and gut.
In the box? Let's have the call.
Owners, operators, brokers, and intermediaries. 30 minutes, zero deck. We tell you fast whether the business is in scope and what an LOI would look like if it is.