Valley Cove Capital is a search fund set up to buy and grow a small to medium sized business.
Here is what we are looking to do.
You have built a great business, we want to grow it.
This business is your identy, we want to protect it.
You couldn’t have done alone, we need your team.
Selling and giving up control of your business can seem like a daunting process. We try to make it easy and transparent for you.
We will spend 30 minutes on the phone hearing your story and learning about your business.
We will sign NDAs and begin to do some preliminary due diligence into company documents and customers.
We will send you are Letter of Intent (LOI) with some initial terms to purchase your business, the terms are not final.
If our LOI is acceptable, we will have an in person meeting, tour the business, and begin a deeper dive into financials.
After due diligence, we send a final closing offer. If agreeable, we sign a final Purchase and Sale Agreement.
We need your experience and guidance for 3 to 12 months of transition working with the new CEO of your business.
Some frequently asked questions.
A search fund is an investment vehicle through which an entrepreneur raises capital from investors with the goal of acquiring a company in which they wish to take an active role in its day-to-day management.
Private Equity funds have a defined timeline to return their funds to investors, and so they aggressively cut costs, including laying off employees, add debt, and off shore jobs and production. A search fund has a long term growth perspective.
When it comes to family owned business, very frequently your children have different plans for their own future and professional careers. In such circumstances, business owners might not have an heir interested in carrying on their family legacy. The general wisdom is to start to think about an exit sooner rather than later.