Criteria.
Aligned with the Best.
At Benchley Partners, we work with highly qualified buyers and strategic acquirers who deliver strong value and move efficiently through transactions. While our investment criteria are adaptable across a range of industries and business models, we’ve outlined some general benchmarks below. If your business meets, or is on track to meet these, we’d be glad to start a conversation.
General Investment Parameters.
- Revenue of $1 million to $750 million
- Year over year revenue growth of 10% or more
- Operating profit of $250k to $100 million
- Strong market niche or competitive advantages
- Little to no institutional venture capital invested to date
- Capital efficiency not requiring substantial follow-on financing
- Businesses located in the US or Canada
- Customer concentration less than 30%
Industry Specific Criteria.
Access Control.
Criteria
- Access Control, Security Services, Commercial Door Services
- $2M+ of Revenue
- US / Canada
Automotive.
Criteria
- Auto Repair/Mechanics, Collision, and Tire Dealers
- 3+ locations
- $2M+ of Revenue
- Anywhere in the US
Business Services.
Criteria
- Facilities Maintenance, Cleaning, San/Jan, Parking Lot Cleaning, RCM, PEO, Etc.
- $5m+ of Revenue
- $500k+ of EBITDA
- US & Canada
CPG.
Criteria
- Food Products, Beauty Products, Cosmetics, Health & Wellness Products
- $5M+ of Revenue
- US / Canada
Dental.
Criteria
- General Dentistry, Oral Surgery, and Other Specialty Practice
- 4+ operatories (no minimum for specialty clinics)
- Producing owners need to stay on for 2+ years
- $1M+ of Revenue
- Anywhere in the US
Distribution.
Criteria
- Distributors, Suppliers, or Wholesalers in any vertical
- Customer concentration less than 30%
- $1M+ of EBITDA
- US / Canada
Engineering/ Infrastructure.
Criteria
- Infrastructure-focused Engineering Design Services Including Transportation, Water/Wastewater, Power, Utilities, Electric Grid, and Environmental Engineering Services.
- Customers include: Government or Quasi-Government Agencies, Telecom, and/or Utilities
- $10M+ of Revenue
- Anywhere in the US
Environmental Services.
Criteria
- Water Treatment, Remediation, Cultural Resource Management, Waste Hauling & Recycling
- Customer concentration less than 30%
- $5M+ of Revenue
- Anywhere in the US
Garage Doors.
Criteria
- Garage Door Installation and Repairs
- Limited new construction
- $2m+ of Revenue
- Anywhere in the US
Healthcare.
Criteria
- Home care, Hospice, Urgent Care, Specialty Health Clinics
- Multi-location preferred
- Customer concentration less than 30%
- $5M+ of Revenue
- US / Canada
HVAC & Plumbing.
Criteria
- HVAC/Plumbing Services
- Less than 30% of new construction
- $2M+ of Revenue
- Residential and/or commercial focus
- Anywhere in the US
Landscaping.
Criteria
- Commercial landscaping services
- 50%+ maintenance
- $5M+ of Revenue
- Anywhere in the US
- Residential lawn care
- Focus on fertilization and weed control
- $1M+ of Revenue
- Anywhere in the US
Manufacturing.
Criteria
- Specialty and Niche Manufacturing
- Customer concentration less than 30%
- $5M+ of Revenue
- US / Canada
Mechanical Services.
Criteria
- Commercial and Industrial HVAC-R Services
- Controls, Maintenance Services, Kitchen Services
- Union and Non-union Businesses
- Less than 30% of new construction
- $5M+ of Revenue
- US / Canada
MSP.
Criteria
- Managed IT Services
- 50%+ in recurring revenue
- Customer concentration less than 20%
- $1M+ of Revenue
- US, Canada, and EU
Paving.
Criteria
- Asphalt, Concrete, Crack Sealing, Seal Coating, and Parking Lot Striping Services
- $5M+ of Revenue
- Anywhere in the US
Pest Control.
Criteria
- Pest Control and Termite Services
- Residential and Commercial
- $500K+ of Revenue
- Anywhere in the US
Pool Services.
Criteria
- Residential Pool Cleaning and Maintenance
- $100k+ of Revenue
- Anywhere in the US
- Commercial Pool Services
- Cleaning, Maintenance, and Repairs
- Limited new builds
- $2m+ of Revenue
Restoration & Waterproofing.
Criteria
- Basement Waterproofing, Remediation Services, Foundation Repair, Concrete Lifting, Insulation, Crawl Space Repair
- $5M+ of Revenue
- Anywhere in the US
Roofing.
Criteria
- Residential and Commercial Roofing
- Less than 20% of new construction
- Focus on retail sales over insurance sales
- $5M+ of Revenue
- Anywhere in the US
Software.
Criteria
- Software, Saas, Tech
- $1M+ of ARR
- Profitability is not required
- US, Canada, Western EU
Tree Service.
Criteria
- Tree trimming, pruning, plant healthcare, arbor consulting
- $1M+ of Revenue
- Anywhere in the US
Veterinarian.
Criteria
- General, Specialty, ER, Pet Resorts
- Producing owners need to stay on for 2+ years
- $1M+ of Revenue
- Anywhere in the US
Wealth Advisory.
Criteria
- Fee-based RIAs
- $25M – $25B in AUM
- Anywhere in the US