“Heartwood is the strong inner core of a tree, yielding the hardest timber with the richest, most beautiful color.”
Heartwood was formed to invest in lower middle market businesses and help manage through the next chapter of growth. Our business is based on partnering with good people leading exceptional teams, aligning goals, and identifying opportunity to drive growth and community impact.
We also partner with private equity funds to augment their business development efforts by driving incremental, high-quality, and thematic deal flow. Whether we are the sponsor or one of our partners, we try to be a helpful resource for all parties involved throughout the deal process.
We try to be more than just capital. We are here to help drive impact.
We help companies execute on corporate development initiatives by identifying and engaging with strategic acquisition targets.
We partner with exceptional technology providers to help enhance and streamline operations, reporting, and data management.
We can assist with operations in the event of a retirement situation or transition.
We can help augment management teams and boards through executives in our network.
We specialize in building and augmenting business development programs to drive more predictable and robust sales pipelines.
Investment Criteria
$1,000,000 - $15,000,000 of EBITDA
Asset-light business model with high free cash flow
Excellent core team in place that plans to stay on with the business
Your business has a demonstrable ROI
You are a market leader within your space
Our search is generalist in nature, but we prefer product, technology or services-based businesses
Predictable revenue base with a high degree of recurring customers
Non-discretionary service or product (your customers need you in good markets and bad)