SPEARMAN CAPITAL

SPEARMAN CAPITALSPEARMAN CAPITALSPEARMAN CAPITAL

SPEARMAN CAPITAL

SPEARMAN CAPITALSPEARMAN CAPITALSPEARMAN CAPITAL
More

About Us

Small Businesses

Small Businesses

Small Businesses

Investing in the life blood of the economy, maintaining legacies, and maximizing potential.

Rollups

Small Businesses

Small Businesses

Creating value at scale.

Distressed

Small Businesses

Distressed

Saving businesses, jobs, and livelihoods.

Value Creation

We focus our outcomes on value creation to maximize everyone's investment whether they are customers, employees, or owners. 


Through our proven frameworks, organic and inorganic growth can be achieved while optimizing the foundation of the business, and bringing results to all the stakeholders.

Our Buy Box

We have different tiers, each with its own particular criteria. 


  

Tier 1

Geo: Tx preferably. LA, OK, etc considered

Oil field Services are good

IT services, Staffing services, manufacturing, etc.

B2B only - not consumer

Privately-held, tightly-held

$5M-75M Rev (can do higher)

>30% margins

Little or no debt

No hair (law suits, liens, etc.)

100% purchase

How we buy these: Down payment with Seller Financing

Can do asset or stock purchase

Typically older sellers who want to retire and understand the current market



Tier 2

- Geo: Houston, Austin, Dallas, San Antonio preferred. Will consider outside of TX. 

- EBITDA: $2-4M. A $3M EBITDA Co at a 2-3x multiple would be great. Needs to be under a 5x multiple. 

- recurring revenue, >80% preferred. Product or service ok. 

- low customer concentration. No one client >15% of Rev

- >30% net margins 

- Low capex

- B2B and B2C are good

- No bars, restaurants, or project/construction based revenue. 

- In an industry that isn't shrinking

- How we purchase these: traditional mix of investor equity and debt (usually SBA and/or conventional)

- Examples: utility service Co's (treatment plant operators, infrastructure maintenance/repair, equipment/chemical suppliers, waste management), Property management co's (res, comm, str), Home services (Plumbing, electrical, HVAC, pest, restoration, etc), cybersecurity, education, distribution, elderly/senior care, etc



Tier 3

Any company that is open to seller financing and has >$300k SDE 



Tier 4

Expired listings. Will pay a referral fee if we buy an expired listing you send to us.



Tier 5

We have a program for companies to maximize their exit value and be attractive to institutional buyers. The company stays listed with you, and we take it on as a client helping it structure for its best exit, getting you a bigger commission when it sells.



Tier 6

Turn downs: When you are going to turn a company away, direct it towards us so that we can help it improve its business. We will pay a referral fee for those companies we sign on as clients in this category. 

Get in Touch

Roll Ups: Benefits to the Seller and the Buyer

Our Approach.

We are targeting the industries where current demand for acquisitions is high. Within those, we gain the agreement of multiple sellers to participate in a single transaction where the aggregate value makes the deal attractive for all parties. To facilitate this, we also conduct a process of due diligence to ensure the quality of the companies and position them for the exit. From this, we are able to provide a post-acquisition plan of action to speed integrations and further value creation.


Seller Benefits.

  • More Money. Sell at a higher value than you can as a stand alone company and get the majority of your cash now. 
  • Maintain impact and legacy. After the acquisition, typically you would still manage the business through the transition. This is usually 1-3 years.
  • Even More Money. You will likely have a piece of equity remain with the company, so that when the buyer sells it down the road, you get another payout - often times this can be a very large sum. 


Buyer Benefits.

  • Capital Deployment. Able to deploy larger amounts of dry powder in a single transaction.
  • Deal Flow. The acquisition targets have been found, vetted, and brought to agreement.
  • Planning. In addition to the management plan, the improvements and integrations of each company have been identified.
  • Speed to Execution. A QofE has been performed on each company.

Target Industries

 IT Managed Services and Cybersecurity


Facility Management Services


Home Services


HealthCare

  • Services
  • Technology


Early Childcare


Car Washes



Get in Touch

If you are a distressed company, time is of the essence. Contact us immediately.

Contact Now

Copyright © 2025 Spearman Capital - All Rights Reserved.

  • Private Equity
  • Real Estate
  • Consulting

This website uses cookies.

We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.

Accept