Sell Your Business
LSG acquires essential services businesses — infrastructure, energy, and healthcare — and holds them forever. No fund timeline. No new owner in five years. No one wondering what they inherited. If you've thought carefully about who should own what you built, we're worth a conversation.
Most buyers are optimizing for a transaction. We're optimizing for stewardship. That difference shapes every conversation we have and every structure we offer.
Traditional PE firms hold businesses 5–7 years then force a sale. LSG has no exit mandate. We are the permanent owner — your legacy stays intact.
We don't install new management. The people who made your business successful are the best people to continue making it successful under permanent ownership.
We leverage at 2.0–3.5× EBITDA — well below market. Your business isn't burdened with debt structured for a fast exit. It's capitalized to perform for decades.
We acquire in two sectors only: infrastructure & energy services and healthcare services. We understand your market from the inside — not as generalists taking a position.
Cash-free / debt-free closing, retained management equity where appropriate, and clean deal structuring designed for founders — not for financial engineering.
There is no automated intake. Your information comes directly to our principals. We respond within 48 business hours — always with a real answer, not a holding pattern.
We are disciplined about what we acquire. The criteria below reflect our underwriting framework — not arbitrary filters. If your business is close but not exact on every dimension, reach out anyway. We evaluate situations, not just spreadsheets.
| Criteria | Our Target |
|---|---|
| EBITDA | $1M – $10M |
| Revenue | $3M – $50M |
| FCF Conversion | ≥ 50% |
| Entry Multiple | 5× – 7× EBITDA (cash-free / debt-free) |
| Hold Period | Permanent — we do not force exits |
| Geography | Texas-primary; adjacent Southwest considered |
| Management | Retained post-close preferred |
| Sectors | Infrastructure & Energy Services · Healthcare Services |
| Revenue Type | Recurring / contracted preferred |
| Condition | Performing — we do not do turnarounds |
Name, business overview, approximate EBITDA, and sector. That's all we need to start. You can share as little or as much as you're comfortable with at this stage.
Every inquiry reaches our principals directly. We respond with a clear yes, no, or next step — not a form letter. If it's not a fit, we'll tell you honestly and often point you in a better direction.
No NDA required at first contact. We talk through your business, your goals for the transition, and what a permanent-capital structure actually looks like in practice.
If there's a mutual fit, we move to a preliminary valuation discussion and non-binding letter of intent — structured cleanly, with no hidden conditions or bait-and-switch repricing.
We run a focused, respectful diligence process — not a fishing expedition. Our advisors have closed hundreds of transactions and know how to get to the table without wasting your time.
Fill out the form and you'll also receive the Permanent Capital Playbook — a guide for founders evaluating a sale and what permanent ownership actually means for your legacy. Every submission is reviewed personally by our principals.
Your inquiry has been received and the Permanent Capital Playbook is on its way to your inbox. A member of our team will respond personally within 48 business hours.