Multi-site group recapitalized
Sourced and structured a majority recapitalization for a multi-location healthcare group. Founders retained meaningful upside and day-to-day operating control, with liquidity taken off the table at close.
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Case Studies
Proof, not adjectives. Three engagements in depth, told with their real numbers — the outcomes, timelines, and figures exactly as they happened. Parties stay confidential: we identify each only by sector and the shape of the mandate, with no names and no locations. If you are weighing whether to take our call, this is the track record behind it.
01 — Acquisition & Retained Search
Sourcing exclusive, off-market acquisitions for a consolidating partner.
A multi-location dental group (a DSO) came to us with an appetite to acquire and no reliable pipeline of targets that were actually for sale.
We combined proprietary, in-house technology with expert human outreach to manufacture off-market opportunities rather than wait for listings. A strategy call defined the acquisition criteria — industry focus, geography, revenue thresholds, and retention preferences — and a standing weekly review call kept the search accountable. Data aggregation and AI-driven searches ran across industry databases, business registrations, and professional licensing records, while dedicated analysts validated each candidate and reached owners directly by phone, email, text, and social. Qualified owners were taken through direct conversations on fit and motivation, then connected to the partner through a warm hand-off.
- The partner entered the engagement with 30 practices
- Within 3 months, we coordinated calls with 30+ high-quality acquisition targets
- Within 12 months, 3 deals had closed
- The group has since expanded toward nearly 100 locations and tripled its internal M&A team
It has been a pleasure working with your team. You have done a great job generating proprietary deal flow for us, and were able to hit the ground running.
02 — Selling Your Business
A 90-clinic physiotherapy group, rescued from the brink of receivership.
A 90-clinic physiotherapy group arrived seeking roughly $2M in funding, with imminent receivership risk driven by debt obligations and tightening cash flow. Conventional financing was not viable on the timeline the business had.
We began with a full financial assessment to establish the group's true standing, then aligned every board member and shareholder behind a single plan. Rather than force a doomed capital raise, we reframed the mandate as a strategic acquisition and widened the buyer search beyond the immediate market to acquirers with genuine expansion goals. That surfaced a publicly traded healthcare acquirer whose growth strategy fit the group precisely, and we ran a competitive process among interested buyers to hold terms.
The challenge
A 90-clinic group needed about $2M and faced imminent receivership. Traditional funding could not move fast enough.
The approach
Full financial assessment, board and shareholder alignment, and a pivot from raise to sale — with the search widened to a fitting acquirer abroad.
The outcome
Receivership avoided entirely. The group sold to a UK-based publicly traded healthcare acquirer, returning a multi-fold return to shareholders — far beyond the original $2M sought.
03 — Strategic Consulting & Partnerships
Matching a healthcare-software company to a consolidator building scale.
On one side, a business-services company with specialized software built for multi-location healthcare practices. On the other, a healthcare consolidator acquiring and integrating practices at pace. Each was a natural customer for the other, and neither had found the door.
We identified the synergy, made a structured, warm introduction that framed the mutual opportunity, and facilitated the strategy calls that turned interest into a partnership framework. When negotiations hit roadblocks, we stayed actively involved until the agreement was executed — then kept the relationship moving as it delivered.
- The software provider secured a multi-year enterprise contract, lifting recurring revenue
- The consolidator gained efficiency and cost savings across 30+ locations
- Both parties opened additional opportunities beyond the initial partnership
Sectors and dates only. Numbers, not adjectives.
Founder exit above target
Led a competitive sell-side process for a vertical SaaS business. Realized a premium to the owner's stated target on improved terms, with a clean transition and defined earn-out.
Bolt-on acquisition sourced off-market
Identified and closed a proprietary bolt-on for a platform acquirer. Expanded operating capacity without entering a broker auction, holding the entry multiple in line with plan.
Growth capital raised
Arranged growth capital to fund expansion into a new service line. Structured to fit the owner's timeline, preserving control while financing the build-out.
Portfolio synergy program
Worked across a multi-company portfolio to surface cost efficiencies and cross-sell revenue. Coordinated shared sourcing and a common pipeline across the group.
Why parties are not named
Confidentiality is the point.
Owners and acquirers trust us with situations they are not ready to make public — and often never will. We hold that line permanently.
Naming a counterparty, a price, or a location can move a market, unsettle a team, or compromise a live process. So the record here stays anonymized: sector and mandate, the work, and the outcome, with the real figures intact. If you want to test our work, we will arrange a direct conversation and, where the parties permit, a reference.
$500M+
Debt and equity deployed
Hundreds
Acquisitions and targets identified
$90M+
Sale and exit for a single company and its founders
Ask for the detail behind a number.
Tell us the sector and the situation you are weighing. Where the parties allow it, we will walk you through the comparable work and connect you with a reference.