Why Now

A large transition wave is underway, and good businesses are often “between” the right types of buyers.

1) Succession is a real constraint

The “Peak 65” cohort means a sustained rise in owners reaching retirement age, increasing the number of businesses that need a thoughtful transition. (King’s College)

2) A large volume of privately-held businesses will change hands

Research commonly cited by succession planners suggests ~three quarters of business owners expect to transition within the next decade, representing trillions of dollars of value. (Principal)

3) Exit timelines have stretched, increasing secondary pressure

PE has been holding assets longer and a large amount of value is tied up in unsold portfolios, which increases demand for pragmatic liquidity solutions. (Reuters) 

4) Corporates are refining portfolios (carve-outs / non-core divestments)

Strategic sellers are increasingly divesting non-core or low-growth assets as they sharpen focus and balance sheets. (PwC) 

Our role

We aim to be a straightforward, long-term buyer when sellers prioritise continuity and certainty of engagement (not necessarily speed at any cost).