Investment Criteria

Deal Sourcing

Business Brokers

Small M&A Advisory Firms

Proprietary Outreach

Map of the United States with certain states highlighted in various shades of green. The highlighted states include Wisconsin, Iowa, Illinois, and Indiana.

Illinois, Iowa, Wisconsin, Indiana, Michigan

Size / Valuation


Revenue

$150,000 - $5M

EBITDA / Cashflow

$50,000 - $500k

Purchase Price

$100k - $1.5M

Equity Investment

$50k - $250k

Valuation

2-5x Free Cash Flow

Industries

Trade Services

  • Electrical

  • Erosion Control

  • Facility Services

  • Gutter Cleaning & Repair

  • HVAC

  • Landscaping

  • Paving

  • Pest Control

  • Plumbing

  • Welding

  • Other

Personal Care Services

  • Adult / Child Day Care

  • Day Spa

  • Hair Salon / Barber Shop

  • Infusion Clinic

  • Medical Spa

  • Non-Clinical Home Health

  • Physical Therapy

  • Other

Professional Services

  • Accounting

  • Bookkeeping

  • Digital Marketing

  • Interior Design

  • IT Managed Service

  • Outsourced Human Resources

  • Property Management

  • Tax Preparation

  • Transportation & Logistics

  • Web Design & Development

  • Other

Consumer Services

  • Auto Repair

  • Coffee Shop

  • Fitness Center / Yoga Studio

  • Funeral Home

  • Pet Boarding / Grooming / Training

  • Pet Euthanasia

  • Tire Shop

  • Other

Business / Acquisition Characteristics

  • Compelling value proposition and/or defensible market niche

  • Highly regarded local reputation

  • Recurring revenue streams

  • Modest historical revenue growth with stable volume

  • Consistent historical margins

  • Non-cyclical

  • Minimal commodity exposure and/or pass through pricing power

  • No material customer or supplier concentration

  • No key employee concentration (including owner)

  • Low capital expenditures

  • Insulated from AI/technology disruption

  • Scalable via headcount or new location growth

  • Identified or recruitable future general manager

  • Situation incentivizing owner sale (e.g., retirement, family etc.)

  • Seller integrity

Contact Us

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