NextGen Succession Partners is looking for businesses to add to our current operating entity. We are generally searching for a small business with growth potential, but here are some of the most important criteria that we will use as a starting point when evaluating a business.
*A finder’s fee may be available for a referral that results in acquisition.
Financial Criteria
- Minimum Revenue: $2 million
- Minimum EBITDA: $300,000
- Low to Moderate Capital Intensity
Company Criteria
- Serves the gas, water, or electric utility market
- Product distribution, services, or technology focused
- No revenue volatility
- High customer retention
- Dedicated employees
Owner Characteristics
- Owner seeking exit
- Willing to temporarily stay on staff
- Concerned about employees and legacy after transition
