Front Range Legacy Partners buys Colorado businesses investing for the long term.
ARE YOU READY TO SELL YOUR BUSINESS IN Colorado?
We operate the businesses we buy, securing your legacy for your employees and customers.
OVERVIEW
YOUR BUSINESS IS PERSONAL. LEAVE IT IN THE RIGHT HANDS.
Front Range Legacy Partners specializes in buying family-owned small businesses with established Colorado legacies. We are Colorado-based, and we believe in its future. Unlike traditional private equity and business brokers who buy or sell businesses with a short-term relationship in mind, we uniquely position ourselves to purchase businesses to operate and grow them for the long-term.
Legacy
We work with business owners to transition their legacies to the next generation.
Partnership
We create custom transitions plans for each business owner with variable timetables.
Flexibility
We operate without outside financial pressures or artificial time-constraints.
Value
We are committed to adding value by leveraging our experience.
Growth
Owners pass us the torch because our goal is to maintain and grow their business.
OUR UNIQUE APPROACH
Front Range Legacy Partners understands some sellers want to maintain involvement with their business after the sale, while others want to move on to a new chapter in their lives. Our business model provides the flexibility to structure a transition in ways that supports the seller’s goals.
OUR VISION
Front Range Legacy Partners knows firsthand that it takes hard work and sacrifice to build and own a successful business. We don’t want to dismantle an owner’s legacy. Owners who transition with pride and confidence in their business’ future are our goal. We facilitate a smooth leadership handoff that maintains continuity for employees and customers.
PRIVATE EQUITY
Financial Buyers
YOUR COMPETITORS
Strategic Buyers
YOUR LEGACY
YOUR LEGACY LIVES
- Your business is one of many in a large portfolio.
- Your legacy is uncertain
- Your business is absorbed into a parent business
- Your legacy fades
BUYER’S GOALS
- Preserve the business legacy with the existing management team, fostering sustainable growth, and operational improvements
- Aggressive cost-cutting, increasing debt burden and positioning the business for sale to realize gains for their investors
- Drive financial performance by cutting costs and absorbing desired resources into the parent business
DEAL TERMS
- Flexible and customizable to create a win-win for the buyer and seller
- Rigid — typically following market terms tailored for investors
- Structured to meet the requirements of the purchasing parent business
CAPITAL SOURCES
- Group of serial entrepreneurs, experienced operators, and proven investors
- Institutions, endowments, and pension funds with firm mandates on returning capital to shareholders
- Internally generated cash flows supplemented by public and/or private investors, and debt
TIME HORIZON
- No planned exit — we honor your legacy for decades to come
- Typically 3-5 years, driven by fund life and the needs of investors
- Uncertain — subject to the parent business’s ongoing strategy
YOUR LEGACY
YOUR LEGACY LIVES
PRIVATE EQUITY
Financial Buyers
- Your business is one of many in a large portfolio.
- Your legacy is uncertain
YOUR COMPETITORS
Strategic Buyers
- Your business is absorbed into a parent business
- Your legacy fades
BUYER’S GOALS
PRIVATE EQUITY
Financial Buyers
- Aggressive cost-cutting, increasing debt burden and positioning the business for sale to realize gains for their investors
YOUR COMPETITORS
Strategic Buyers
- Drive financial performance by cutting costs and absorbing desired resources into the parent business
DEAL TERMS
PRIVATE EQUITY
Financial Buyers
- Rigid — typically following market terms tailored for investors
YOUR COMPETITORS
Strategic Buyers
- Structured to meet the requirements of the purchasing parent business
DEAL TERMS
PRIVATE EQUITY
Financial Buyers
- Institutions, endowments, and pension funds with firm mandates on returning capital to shareholders
YOUR COMPETITORS
Strategic Buyers
- Internally generated cash flows supplemented by public and/or private investors, and debt
TIME HORIZON
PRIVATE EQUITY
Financial Buyers
- Typically 3-5 years, driven by fund life and the needs of investors
YOUR COMPETITORS
Strategic Buyers
- Uncertain — subject to the parent business’s ongoing strategy
INDUSTRIES WE LIKE
- Home Services
- Business Services
- Real Estate Services
- Hospitality
- Niche Construction
- Manufacturing
- Logistics and Distribution
- Infrastructure
INVESTMENT CRITERIA
BUSINESSES
- Long operating histories within Colorado
- Minimum EBITDA of $500,000 and EBITDA margins greater than 15%
- Diverse and growing customer base
- Identifiable competitive advantages
- Average annual revenues of $3.5 - $12 million
- A healthy layer of non-owner management
OWNER
- Owners seeking to reduce their day-to-day involvement
- Owners that want partners who value a fit with their people and organization
- Owners desiring a more focused role (e.g., technical, sales)
- Retiring owners without a successor able to take their places
- Owners who desire a fully-committed, local buyer, to maintain their legacies
- Serial entrepreneurs ready to transition to their next ventures