About Furtherance
Furtherance focuses on acquiring established businesses with a track record of success, generating annual revenues between $5-60 million, EBITDA of $1-7 million, and a minimum of 10+ years in business. Whether the owner is hands-on or absentee, our specialization lies in acquiring businesses whose owners are approaching retirement without an exit strategy. As they near this critical phase, we provide a carefully crafted exit plan founded on principles of trust and respect.
Key Attributes
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Targeting businesses with consistent revenue and profitability, indicating a solid foundation and customer loyalty
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Seeking businesses that have successfully carved out a niche within their respective markets, demonstrating a competitive advantage and strong customer relationships
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Valuing businesses with competent, knowledgeable, and motivated management teams that have a proven track record of success
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Prioritizing businesses that align with our core competencies, complement our existing portfolio, and offer opportunities for collaboration and synergies
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Valuing businesses that share similar values, with a focus on fostering a positive work environment and maintaining strong relationships with employees, customers and partners
How We Bring Value
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Recognizing the value in maintaining the current revenue and profitability of acquired businesses and aim to preserve their successful operational strategies, brand reputation, and customer base
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Taking a light touch with our acquired businesses without imposing significant changes or disrupting existing operations
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Believing in granting a high level of autonomy to the acquired organizations’ management teams, allowing them to continue executing their business plans while benefiting from our support and guidance when needed
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Taking a patient, long-term approach, prioritizing sustainable growth and value creation over short-term gains, enabling us to weather market fluctuations and industry challenges.
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Seeking opportunities for collaboration and knowledge share across our portfolio of businesses, leveraging synergies and expertise to driver operational efficiencies and unlock new growth avenues