Continuity and Liquidity
Seeking to buy one great business in South Florida and build on the owner's legacy
Grove Key Capital
Mission
Grove Key Capital was established with the purpose of buying one great business and personally managing the business for the long-term. We aim to be the solution to your business succession challenges. If you are seeking liquidity, a transition, and care deeply about the long-term stewardship of your business and the future of your employees, it may be time to make a call to Grove Key.
Not your Typical Buyer
Unlike Private Equity or other Corporate Buyers, I am committed to devoting 100% of my time, effort, and career to managing and growing one business. I am committed to achieving fair acquisition terms and offering the flexibility for owners to transition in whatever way makes the most sense.
Your Succession Partner
I don't want to just be the buyer of your business. I want to be your succession partner. My goal is to earn your trust and convince you that I will be a good steward of your business and leader to your employees.
An Alternative to Private Equity
Grove Key Capital is not a private equity company. We are not seeking short-term returns through financial engineering, cost-cutting, and "flipping" the business.
Grove Key Capital is also not a strategic corporate buyer, seeking to absorb your business into a larger corporation, keeping parts and discarding others.
Grove Key Capital cares about your business and cares about your employees. We want to provide business owners flexibility in transitioning out of their business and peace of mind in knowing that their legacy is left in good hands.
Business Criteria
Profitable South Florida business with $500,000 to $2 million in EBITDA
Predictable, growing, and recurring demand
Multiple avenues for growth
Low to moderate capital requirement for growth
Located in Southern Florida
Industry Criteria
Strong industry tailwinds
Fragmented
Low risk of disruption by public policy or emerging technologies
High barriers to entry
Management Criteria
Strong and established management team
Ownership that desires continuation of their legacy
Low dependence on exiting owner
Powerful and well-aligned employee culture
Investment Process
1. Understand
Non-Disclosure Agreement (NDA): Explore ownership, vision, goals, and opportunities. Discuss preliminary terms.
2. Analyze
Indication of Interest (IOI): Discuss customers, products, finances, sales and marketing, and growth.
3. Diligence
Letter of Intent (LOI): Review finance, legal, information technology. Finalize terms and begin discussing transition.
4. Close
Purchase and Sale Agreement (PSA): Flexible ownership transition, based on seller's needs.
Core Competencies
People Leadership & Growth
P&L Management
Digital Advertising
Sales Strategy