Permanent Capital Vehicle

Acquiring & Operating Great Businesses for the Long Term

Exeter Partners provides a permanent home for well-run companies whose owners are ready for their next chapter — preserving legacy while unlocking new growth.

Target Revenue

$2M – $20M

Annual revenue of target businesses

Target EBITDA

$500K – $5M

Profitable businesses with proven cash flow

Geography

US & Canada

Industry agnostic, North America focus

Our Philosophy

Built Over Decades, Not Quarters

We believe the best businesses are built over decades, not quarters. Exeter Partners provides continuity for employees, customers, and communities through long-term owner-operator stewardship — with no forced exits and no artificial timelines.

Permanent Capital

We buy businesses to hold and grow indefinitely. Our patient capital allows management to focus on what matters, free from short-term pressure.

Owner-Operator Model

We install dedicated operators who run each business as if it were their own, combining entrepreneurial drive with institutional support.

Operational Support

Portfolio companies benefit from shared services in finance, HR, technology, and strategy — resources typically reserved for much larger organizations.

Investment Criteria

What We Look For

We look for profitable, well-managed businesses with strong fundamentals and an owner ready to transition — regardless of industry.

Revenue

$2M–$20M

EBITDA

$500K–$5M

Geography

US & Canada

Industries

Agnostic

What Makes a Good Fit

  • Established businesses with 10+ years of operating history
  • Strong, loyal customer base with recurring revenue characteristics
  • Dedicated management teams willing to stay through transition
  • Clear potential for operational improvement and sustainable growth

Our Approach

A Disciplined, Repeatable Process

From identification through long-term value creation — a clear framework at every stage.

01

Identify

We source opportunities through our network of advisors, brokers, and direct outreach — seeking businesses with enduring value and motivated sellers.

02

Acquire

We structure flexible, fair transactions that meet the needs of selling owners while ensuring continuity for employees and customers.

03

Operate

We install experienced owner-operators empowered to lead day-to-day operations with full accountability and meaningful equity participation.

04

Grow

We support organic growth through operational improvements, strategic hiring, technology upgrades, and disciplined capital allocation.

Our Team

Experienced Investors & Operators

Committed to building lasting businesses for the long term.

JC

Jan Choy

Managing Partner

20+ years in business operations and technology enablement to unlock growth.

SM

Sarah Mitchell

Deal Sourcing

Manages deal sourcing and due diligence across our target markets.

Get In Touch

Let's Start a Conversation

Whether you're a business owner exploring a transition or an investor interested in our approach, we'd love to hear from you.

Email

info@exeterpartners.com

Focus

United States & Canada