At ParrTech, we understand that selling a business is one of the most significant decisions an owner will make. We are committed to making the selling process as easy and straightforward as possible. We buy businesses and build them to last forever; so owners can take the next step in their journey knowing their legacy is in good hands.
At ParrTech, we have a passion for building stuff. We are engineers by trade. We are engineers at heart. After decades of building products to last, we are now building businesses to last. At ParrTech, we are Engineered for Endurance.
What We Offer
Transparency
Flexible Terms
Selling a business involves a lot of uncertainty and trust. We will always be honest and transparent and work to negotiate the fairest deal possible for everyone involved. We have significant experience working directly with founder-owned businesses during a sale and will ensure a seamless process.
We have the flexibility to structure a deal that works for all parties. We offer the owner the capability to sell all or a part of their business. From working on the actual deal terms to implementing a post-acquisition role, we will provide a transaction that is tailored to the owner’s specific needs.
Long Term Focus
Operational Focus
Unlike traditional private equity funds, 100% of our efforts will be focused on the acquired company and creating long-term sustainable growth. We are supported by an investor base that provides patient capital and is not solely focused on driving returns.
We bring together an entrepreneurial drive, passion for success and significant operating experience. We are committed to dedicating all our time and attention to the future of the company, employees, customers, and suppliers.
What We Look For
ParrTech is focused on acquiring and operating high-quality small businesses for the long term. The criteria below provide a guideline for what we are seeking – we understand that every business is unique and very few will have all these traits. Feel free to reach out to us for a quick and confidential discussion to see if we are the right fit for you.
Business Criteria
- Privately held U.S. businesses located in the
- Northeast
- Mid-Atlantic
- Southeast
- Sustainable competitive advantage in a stable or growing market niche
- Recurring B2B revenue streams from a loyal, diverse customer base
- Products that are a small but critical element of the end product
- Products that are lower cost but deliver high value to the end product
- Products that require a technical selling process
Target Industries
- Aerospace & Defense
- Building & Construction Products
- Business Services
- Medical
- Speciality Chemicals
- Packaging & Plastics
- Transportation & Logistics
Financial Criteria
- Annual revenue $2 to $25 million
- EBITDA $0.5 to $4.0 million
- 5+ year history of consistent profitability
- Low to moderate capital requirements
Management Profile
- Owner seeking liquidity and/or exit
- Owner looking to reduce role in the business
- Experienced middle management planning to remain
Who We Are
ParrTech is a long-term focused company committed to building an enduring future for our employees and shareholders through ownership in diversified, high-quality, cash-generating businesses.
We are a team of successful owner-operators with an outstanding track record of operating and growing businesses. We aim to acquire businesses where we can work with the owner to seamlessly transition the day-to-day operations to a ParrTech-led team. We plan to take a hands-on management role in our acquired companies and drive sustainable long-term growth using our simple proven value-based operating model.
Contact ParrTech
Do you have a company we need to know about? Are you the owner of a great business? Give us a call or drop us a line. We would love to talk to you!