A focused mandate.
We pursue opportunities with clear profitability and strong ownership intent. The criteria below reflect what we look for, not what we'll turn away.
- Revenue
- We evaluate businesses across a range of sizes — profitability and fit matter most.
- Profitability
- Consistent, positive cash flow
- Operating History
- Minimum three years in operation
- Sectors
- We are open to most industries and evaluate each opportunity on its individual merits.
- Geography
- United States — preference for the South and Midwest
- Ownership
- Owner-operated, with a planned transition
From micro-cap to lower middle market, we consider what makes sense operationally.
We look for businesses with a demonstrated track record. Turnarounds are not our focus.
We prefer businesses with stable, predictable revenue and an established customer base.
We avoid only highly regulated industries and businesses dependent on a single person.
We are open to businesses across the country, though regional proximity is practical.
We are most often the right partner for an owner who is ready to step back.
Being clear about what falls outside our mandate saves time for everyone involved. The following are not a fit for Stoneweather:
- Early-stage, pre-revenue, or unprofitable businesses
- Distressed situations or turnarounds
- Businesses whose value depends on one key person
- Highly regulated industries
- Real estate, holding companies, or passive investment vehicles
- Businesses outside the United States
Straightforward. Seller-friendly.
We structure acquisitions to be clear and fair. We do not use complex earnout arrangements or contingent consideration structures that obscure the true purchase price.
We are typically able to close with a combination of equity and senior debt. Seller financing may be discussed where it aligns with your objectives.
We prefer asset purchases but are open to stock transactions where appropriate. In all cases, we work with experienced legal and financial advisors to ensure the process is managed professionally.