For Sellers
We buy your business to run it well — permanently. No fund timeline. No forced sale. No new owner in five years wondering what they inherited.
What We Look For
We target profitable, founder-owned businesses with $1M–$10M in EBITDA, strong free cash flow conversion, and capable management teams willing to stay post-close. The business does not need to be perfect. It needs to be real: a durable operation that has served its customers and its community well.
We do not do turnarounds. We are not looking for distressed situations that require significant operational restructuring before stabilization. We want businesses that are already performing and that will continue to perform under committed, permanent ownership.
We also avoid businesses that are cyclically dependent — where revenue is highly correlated to economic conditions outside management’s control. We underwrite for the long run, which means we need businesses that can survive and grow through whatever the next twenty years brings.
Where We Focus
We acquire businesses delivering care directly into homes and communities. These are not hospital systems or large institutional providers — they are the operators who show up every day in the places large systems do not reach.
We acquire service businesses that maintain the infrastructure communities depend on — utilities, pipelines, facilities, and the physical systems that cannot go offline. Demand is non-discretionary and geographically anchored.
What We Don’t Do
We don’t buy your business to flip it. We are not building a portfolio to package and sell to a larger fund. We are not running a process designed to get you to a closing table before moving on to the next deal.
We don’t have a fund lifecycle that will force a sale. There is no LP redemption window, no end-of-fund pressure, no moment where someone at LSG needs to generate a return event for their investors. We are the permanent owner — full stop.
We don’t do turnarounds. If your business needs significant restructuring before it can perform, we are not the right buyer. We want to acquire businesses that are already working and make them better through committed stewardship over a very long time.
What Happens After Close
For founders who have spent years worrying about what happens to their employees and customers after a sale, our answer is simple: we keep the team in place and we keep the business running the way it was built to run.
We are not installing new management. We are not redesigning the culture to fit a thesis. The people who made the business successful are, in most cases, the best people to continue making it successful — with the operational support, capital, and stability that permanent ownership provides.
If you have spent years thinking about who you want to sell to, we are worth a conversation.
Start the Conversation
There is no automated intake. Send us a brief description of your business and we will respond directly.