B2B wholesale distribution, light manufacturing, essential industrial / B2B services.
Continental USA.
Typically founder‑led or family‑owned.
$2 to $10 million in earnings or free cash flow.
Typically controlling interest, open to minority stakes in special situations.
Multi‑year profitability and demonstrated resilience to ride out economic cycles.
High repeat‑purchase rates, long‑tenure relationships, and low single‑customer concentration.
Differentiated products, service know how, or supply chain advantages that serve as material barriers to entry.
Operating in sectors still early in their consolidation curve, creating room for bolt‑ons and market share gain.
Lifestyle businesses with clear pathways to enhance people, process, technology, and data.
Owners who value legacy but seeking patient capital and operator expertise to unlock the next stage of growth.
