Selling Your Business

Thinking about selling your business? Here are the questions founders actually ask.

If you built it, the decision to sell is rarely about a number. It is about your people, your name on the building, and what happens the day after you hand over the keys. Below are the questions we hear most often from founders weighing a sale, answered plainly. No pressure, no jargon, no countdown clock.

Common Questions

How do I know if it is the right time to sell?

The right time is usually before you are forced to choose. The strongest sales happen when the business is healthy, you still have energy for the handoff, and you have options. If you are starting to think about succession, what comes next for your team, or simply taking some risk off the table, that is reason enough to start a conversation.

You do not need a polished plan or a banker on retainer to talk to us. Many founders we meet are years away from a deal. An early conversation costs you nothing and tells you what your options actually look like.

What happens to my team and employees after the sale?

In most cases, your team stays and your business keeps running. We buy companies because they already work, not because we plan to gut them. We are not cost-cutters looking for layoffs, and we do not fold companies into a bigger machine. The people who got you here are usually the reason the business is worth buying.

Modernization is our thesis, which means we invest in better systems, technology, and leadership so the team can do its best work. That is the opposite of stripping it for parts.

What is an independent sponsor, and how is it different from a private equity fund?

An independent sponsor finds the right business first, then raises the capital for that specific deal, instead of spending a blind pool of money on a clock. A traditional fund has to deploy and exit on a fixed timeline, which can force a sale of your company whether or not it is the right moment.

Because we are not running a fund clock, we can hold a business for as long as it makes sense, sometimes indefinitely. We choose each deal one at a time, with our own conviction and our partners' capital behind it.

Will you keep the business, or flip it?

We are long-term holders. We are not buying your company to dress it up and resell it in three to five years. We have no fund deadline forcing an exit, so the plan is to own and improve the business for the long run, often indefinitely. We don't disappear after the close.

If you care about what your business becomes after you leave, this is the part that matters most. We are building, not flipping.

How long does the process take?

From a first real conversation to a signed letter of intent, we move quickly when the fit is clear, typically within about 90 days, and we aim to close within roughly 90 days after that. We do not drag founders through endless committees or surprise you with a lower price at the finish line.

That said, we go at the pace that is right for you. Some founders sign within months. Others talk to us for a year first. Both are fine.

What is the difference between selling to a strategic buyer and a financial buyer?

A strategic buyer is usually a competitor or a larger company in your industry that wants your customers, your products, or your capacity, and often absorbs your business into theirs. A financial buyer, like an investment firm, buys the business to own and grow it on its own. The trade-off is real: strategics sometimes pay more up front but tend to eliminate overlap, including people and your brand.

We sit on the financial side, but with operating experience on both sides of the table, so we think like owners, not just spreadsheets.

How do you value a business like mine?

We value a business primarily on its earnings, usually a multiple of EBITDA, adjusted for the things a new owner would actually see. We look at how durable your demand is, how repeatable your revenue is, how concentrated your customers are, and how much of the value walks out the door when you do. A clean, profitable, essential business earns a stronger number.

We will walk you through how we get to a figure rather than hand you a take-it-or-leave-it offer. Honest math builds trust on both sides.

Can I take some chips off the table and stay involved?

Yes. Many founders are not ready to walk away completely, and they should not have to. We can structure a deal that gives you meaningful liquidity now while you keep a stake and a role in what comes next, whether that is staying on to lead, moving to the board, or helping with the transition. This is often called founder liquidity, and it is one of the most common structures we use.

You get to turn years of work into real money without betting your whole future on one closing day.

What kinds of businesses do you buy?

We buy founder-led, profitable businesses in specialty chemicals, niche manufacturing, and essential industrial B2B services, generally with $2.5M to $12M in EBITDA and $10M to $75M in revenue, based in the Midwest and Eastern United States. We look for essential businesses with durable demand that own what makes them special, like their own formulas, designs, or hard-to-replace services.

If you are not sure whether you fit, ask us. We would rather tell you honestly than have you guess.

Start a Conversation

You do not have to decide anything today. The best first step is a confidential, unhurried conversation with no obligation, where we listen to what you have built and tell you straight what your options are. Whether a sale is next year or five years out, you will leave knowing more than you did.

Buy. Build. Compound.

Start a Conversation