We partner with business owners who are looking to retire, or are seeking an exit or liquidity event

WHAT WE DO

WHY PARTNER WITH US?

INVESTMENT CRITERIA

WHO WE ARE

CONTACT

WHAT WE DO

WHY PARTNER WITH US?

INVESTMENT CRITERIA

WHO WE ARE

CONTACT

WHAT WE DO

We partner with owners who are planning for their future. Whether you are interested in retiring & selling your business outright or spending less time in your day to day role while seeking a liquidity event – to anywhere in between – we are flexible in our approach. What we are committed to is continuing your legacy and helping the business you started continue to grow.

We are not private equity. We are in it for the long haul, not to make a quick buck. We invest our own money in any deal and do not have predetermined hold times. Our focus is on growing revenue, not on cutting costs or making major changes. Our capital partners have the same mindset.

Our team has significant experience as both operators and investors. We have successfully founded multiple companies, bought businesses, and sold businesses. We have worked across industries as CEOs, Consultants, Entrepreneurs, Small Business Owners, and Investors. Plain and simple – we are passionate about business. 

WHAT WE DO

We partner with owners who are planning for their future. Whether you are interested in retiring & selling your business outright or spending less time in your day to day role while seeking a liquidity event – to anywhere in between – we are flexible in our approach. What we are committed to is continuing your legacy and helping the business you started continue to grow.

We are not private equity. We are in it for the long haul, not to make a quick buck. We invest our own money in any deal and do not have predetermined hold times. Our focus is on growing revenue, not on cutting costs or making major changes. Our capital partners have the same mindset.

Our team has significant experience as both operators and investors. We have successfully founded multiple companies, bought businesses, and sold businesses. We have worked across industries as CEOs, Consultants, Entrepreneurs, Small Business Owners, and Investors. Plain and simple – we are passionate about business. 

WHY PARTNER WITH US?

We have deep (& successful) experience in New England small businesses – from founding to running to investing in companies

A smooth transition is our goal – e.g., Day 1 is “business as usual”, NOT “here are a dozen changes we are making immediately “ 

We are in it for the long haul – we are not Private Equity; we do not have predetermined hold times or a need to cut costs

WHY PARTNER WITH US?

We have deep (& successful) experience in New England small businesses – from founding to running to investing in companies

A smooth transition is our goal – e.g., Day 1 is “business as usual”, NOT “here are a dozen changes we are making immediately “ 

We are in it for the long haul – we are not Private Equity; we do not have predetermined hold times or a need to cut costs

INVESTMENT CRITERIA

INVESTMENT CRITERIA

Owner situation

  • Seeking retirement or less day-to-day involvement
  • Looking for a new long-term owner whose goal is to grow the business & current owner’s legacy
  • Open to transition period as part of the investment / acquisition that involves seller financing, earn out, or consulting contract

While the above is typical, we are flexible in our approach

Company characteristics

  • Located in New England
  • In business for 10+ years
  • Growing industry
  • Strong local reputation
  • Stable, diverse customer base; not at risk to lose customers in transition
  • Opportunities for growing revenue
  • “Nice to haves” – Low CapEx requirements; Repeat, recurring, or contractual revenue

We are not interested in real estate, restaurants, or early-stage ventures 

Financial information

  • Revenue of $3.0 - $25M 
  • Pre-tax earnings of $0.5 - $5.0M
  • Margins of 15% or more
  • Stable profitability the last 5+ years

We are not interested in distressed or turnaround situations

WHO WE ARE

Managing partner

Keith Caldwell is the Managing Partner of Xx. 

Keith grew up in the suburbs of Boston and played soccer at Brown University. After college, he successfully founded or ran several small businesses in multiple industries before heading to the University of Michigan for his MBA.

Post-grad school, he spent 5 years at The Boston Consulting Group (BCG), the global management consultancy, where he advised & collaborated with Executives across industries at Fortune 500 companies to help tackle their most important challenges.

Since BCG, he has been CEO at a PE-backed business and has founded a consumer goods company.

He currently lives in Boston and enjoys playing soccer and spending time with his nieces & nephews. 

Other management and capital partners

Keith is working alongside management and capital partners who have been extraordinarily successful as both operators & investors.  We all share the same goals for the companies that we partner with.

WHO WE ARE

Managing partner

Keith Caldwell is the Managing Partner of Xx. 

Keith grew up in the suburbs of Boston and played soccer at Brown University. After college, he successfully founded or ran several small businesses in multiple industries before heading to the University of Michigan for his MBA.

Post-grad school, he spent 5 years at The Boston Consulting Group (BCG), the global management consultancy, where he advised & collaborated with Executives across industries at Fortune 500 companies to help tackle their most important challenges.

Since BCG, he has been CEO at a PE-backed business and has founded a consumer goods company.

He currently lives in Boston and enjoys playing soccer and spending time with his nieces & nephews. 

Other management and capital partners

Keith is working alongside management and capital partners who have been extraordinarily successful as both operators & investors.  We all share the same goals for the companies that we partner with.

CONTACT

Reach out to Keith directly if you are looking to get in touch: kc@xx.com