Investment criteria
One exceptional business, built to last.
Our criteria are a guide, not a rigid checklist. We are most interested in strong businesses, thoughtful owners, and situations where continuity matters.
Our initial target range, with flexibility.
EBITDA or seller discretionary earnings.
Especially retirement or succession situations.
Upper Valley and surrounding markets.
And closely related essential home services.
Service, maintenance, and replacement demand.
A capable technician and operating base.
Strong relationships and customer reviews.
What attracts us
Characteristics of a durable service company.
Essential demand
Services customers need regardless of the broader economic environment, such as heating, cooling, maintenance, and emergency repair.
Repeat relationships
Maintenance agreements, repeat service calls, replacement cycles, and recurring customer needs.
Strong local standing
A respected name, loyal customers, trusted technicians, and a history of quality work.
Room for practical improvement
Opportunities in scheduling, dispatch, recruiting, customer follow-up, marketing, and back-office systems.
Transition-ready ownership
An owner who wants to preserve the company’s identity while creating a responsible path to the next chapter.
Not a perfect fit?
We are selective, but not formulaic.
A company does not need to match every criterion. We welcome conversations with owners and advisors where the business is compelling and the transition philosophy aligns.
Good businesses are more than a spreadsheet. We care about the people, history, and relationships behind the numbers.