Selling your business is the most important decision you will make as an entrepreneur. We acquired, grew and sold our business and know how to create partnerships that work for you, your employees and your customers.
A great business deserves a great partner
As Entrepreneurs, we don't have the same limitations as traditional private equity groups.
WE TAKE ACTIVE ROLES IN OUR PARTNERSHIPS
Our expertise lies in the day-to-day work of company building and not buying and selling businesses. We take active roles alongside our partners. Your desired role -- to remain as CEO, transition out of the business or continue in a more-focused capacity -- dictates our specific roles. We are prepared to serve as CEO, mentor an existing team or help from the board.
WE HAVE A LONG-TERM GROWTH MINDSET
Our singular objective is to build great businesses which create value for our customers, employees and partners. Growth requires investment and positioning a business for long-term success requires long-term investment. We invest purposefully in our products, processes and people as if we will own a business forever. We know you can't cost-cut your way to prosperity.
WE FOCUS OUR TIME & FINANCIAL RESOURCES
We are selective about entering new partnerships because we understand the work required to build a great business. We choose to work with a limited number of companies to maximize our impact. We invest a material portion of our net worth in each partnership and believe our focus and commitment increases our collective odds for success.
We're different because we're Entrepreneurs
We turned $12 million of equity into $120 million of value for our investors, employees and ourselves.
In 2009 we acquired StatLab and moved our families from Chicago to Dallas to grow the business. We invested broadly to transform StatLab into the leading developer, manufacturer and marketer of supplies used to diagnose cancer. In 2017 we sold a majority interest in StatLab and transitioned day-to-day operating responsibility to our talented team.
We are looking for new partners
We are interested in acquiring and growing a limited number of businesses with the following attributes:
Recurring revenue business model
Diverse customer base
Differentiated product or service
Actionable growth opportunities
Annual operating income greater than $1.5 million