Investment Criteria
What we look for in a partner business.
We're focused on Texas's major markets — and we know them well. Here's exactly what we're looking for.
Where we invest
Texas's Major Markets
We invest in businesses operating across Texas's largest and fastest-growing metropolitan areas. We know these communities, we understand the local market dynamics, and we're committed to building lasting businesses in each of them.
Target business models
Two primary verticals. One focused platform.
We invest in businesses that serve Central Texas communities every day — companies with trained teams, recurring client relationships, and real operational complexity that rewards experienced ownership.
Commercial & Residential Services
Established service businesses with recurring contracts, trained crews, and strong local market presence.
- Landscaping & grounds maintenance
- Facility services & janitorial
- Irrigation & outdoor systems
- Specialty trade services
Personal Care & Beauty
Multi-unit personal care concepts with membership-driven revenue, established clientele, and scalable real estate footprints.
- Salon suites & suite-based concepts
- Multi-chair salons & barbershops
- Specialty beauty studios
- Wellness & personal care concepts
Financial metrics
Businesses that have proven themselves.
We're not looking for startups or turnarounds. We want to partner with businesses that have already built something real — with the revenue and cash flow to prove it.
Annual Revenue
$1.0M – $10.0M
Established businesses with a proven revenue base
EBITDA / Owner Cash Flow
$300K – $2.0M+
Healthy margins that reflect a well-run operation
Business characteristics
The qualities that make a great partner.
Recurring Revenue & Contracted Income
Membership agreements, booth and suite rental contracts, and maintenance contracts that generate predictable, month-over-month cash flow — not one-time transactions.
Strong Occupancy & Retention
High suite or chair occupancy rates and long-tenured stylists, technicians, or tenants. Businesses where the people who work there stay — and the clients follow.
Established Locations & Real Estate Footprint
Owned or long-term leased service locations, suites, or facilities with meaningful square footage. Real estate-anchored businesses with room to expand within the same footprint.
Multi-Unit Potential
A proven model at one or more locations that can be replicated across Texas's major markets — whether that's adding suite capacity, opening new locations, or acquiring complementary concepts.
Strong Local Reputation
A name that means something in your community — built through years of reliable service, word-of-mouth referrals, and a loyal client or tenant base.
Dedicated Team & Operator Leadership
Stylists, technicians, suite managers, and team leads who know the work and the clients. The kind of team that keeps running even when the owner steps back.
Transaction types
We structure deals around your goals.
Every founder's situation is different. We offer flexible transaction structures so the deal works for your life — not just our model.
Full Buyout
A clean exit at a fair price. You've built it, you've earned it — we take it from here.
Majority Recapitalization
Take chips off the table while staying involved. You retain a meaningful stake and continue leading the business alongside us.
Founder Retirement Transition
A structured handoff designed around your timeline. We work with you to transition the business on your terms, not ours.
Think your business might be a fit?
If what you've read sounds like your company, we'd genuinely like to talk. No obligation — just a straightforward conversation about where you are and where you want to go.