For business owners

Selling the business you built

Most owners we talk to aren't primarily worried about the number. They're worried about the Monday after closing — what happens to their people, their customers, and the name on the building.

So let's start there.

Your people keep their jobs.

We're buying the business because it works, and it works because of the people running it. We don't acquire companies to take them apart. In most cases we're adding capability, not subtracting headcount.

Your name stays on it.

Forty years of goodwill in a local market is not something a sensible buyer throws away. We're not rebranding your company into a numbered portfolio entity.

The business stays here.

We're Texans buying Texas businesses. We're not moving your shop, and we're not consolidating it into a facility three states away.

The honest version of what changes

We should be straight with you about this too: things will change, because that's the point of new ownership. We'll put real planning discipline in place. We'll get you a proper monthly close. We'll go after customers you haven't had time to chase. Some of that will be uncomfortable for a team used to doing it the old way.

What won't change is who's on the team, where the work happens, and whose name is on the sign.

How the process works

1

A conversation.

No documents, no commitment. You tell us about the business, we tell you about ourselves, and we both work out whether there's anything here. Confidential from the first word.

2

NDA and a first look.

Three years of financials and tax returns. We come back within a week with a real answer, not a stall.

3

Letter of intent.

If we're both interested, we put a structure and a number in front of you within two weeks. Exclusive, but not binding on price until diligence is done.

4

Diligence.

Typically 45 to 60 days, running in parallel with the SBA lender's process. We'll be thorough, and we'll be respectful of your time and your team's — most of your employees won't know anything is happening.

5

Close and transition.

We'll ask you to stay on for an agreed period to hand off relationships and knowledge properly. How long is negotiable. That it happens at all matters to us.

Frequently asked questions

Do I need a broker to talk to you?

No. We work with brokers regularly and are glad to, but plenty of good conversations start directly with an owner. If you already have a broker, we'll work through them.

I'm not ready to sell for another two years.

Then let's talk now anyway. The best transitions we've seen were the ones where buyer and seller knew each other well before anything was signed. There's no cost to an early conversation and no obligation from it.

How do you pay for these acquisitions?

Our own capital plus SBA-backed acquisition financing. We're pre-qualified and can show proof of funds early in the process.

Will you make me carry a note?

We often ask for some seller financing, because it keeps you invested in a clean handoff. The amount is negotiable and it isn't a condition of talking.

What happens to my employees' pay and benefits?

Our starting position is that nothing changes at close. Changes after that, if any, tend to be improvements.

How are you different from the PE firms that keep calling me?

We stay personally and actively involved in the operation itself — not just at close. Your business doesn't get handed off to a management team we hired; it gets built on by the people who bought it. We see it as continuing what you built, not replacing it.

Start a confidential conversation

No documents. No commitment. Just a conversation.

Kade Northrip, Partner, Operations

(405) 410-1436  ·  kadenorthrip@lmncapitalholdings.com

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