Actively Acquiring

About

Modern Operations. Legacy Industries.

Led by a Managing Partner with a decade of leadership in technology operations at firms like Klaviyo and Loxo, Boudrow Capital identifies high-cash-flow businesses with strong reputations that are ready for a modern operational layer.

We are supported by an advisory board of veteran operators who have built and exited nine-figure enterprises. We specialize in applying a “Tech-Ops” playbook — refined in the SaaS sector — to legacy service businesses, helping successful firms grow without disrupting the technical culture that made them successful.

Target EBITDA$500K – $1.5M
Enterprise ValueUp to $6.5M
GeographyNew England
Close Timeline90 Days

Target Companies

Consistent, Predictable Cash Flow.

We focus on a narrow set of business models that produce consistent, predictable cash flow.

Compliance & Inspection

  • Fire alarm and sprinkler inspection (required annual inspections by code)
  • Backflow testing (mandated recurring compliance checks)
  • Elevator and life-safety inspections
  • Environmental compliance testing

Service-Focused Trades

  • HVAC service and maintenance (service agreements vs install-heavy revenue)
  • Plumbing service businesses
  • Electrical service providers

Security & Low-Voltage Systems

  • Access control systems (ongoing service and maintenance contracts)
  • Video surveillance systems (recurring monitoring and service)
  • Alarm and monitoring services (monthly recurring revenue)

Route-Based B2B Services

  • Waste and recycling services (scheduled recurring pickups)
  • Grease trap and environmental services
  • Linen and uniform services (contracted delivery routes)
  • Recurring delivery-based businesses

Contracted Facility Services

  • Commercial cleaning companies (long-term service contracts)
  • Property maintenance services
  • Specialized janitorial (medical, industrial)

Niche B2B Distribution

  • Industrial supplies
  • Maintenance consumables (repeat purchasing behavior)
  • Specialized equipment with repeat purchasing

The Mandate

Investment Criteria

We focus on lower-middle-market foundational acquisitions in New England, followed by strategic bolt-on integrations. We target businesses with strong middle management, durable competitive positioning, and demand driven by compliance, critical infrastructure, or non-discretionary service needs.

EBITDA: $500K – $1.5M

Targeting established, profitable foundational companies with clean, verifiable financials and a strong base for bolt-on growth.

Enterprise Value: Up to $6.5M

Lower middle market foundational acquisitions sized for senior debt financing, with a strategic bolt-on integration roadmap.

60%+ Recurring Revenue

High re-occurring or recurring revenue via Master Service Agreements (MSAs), regulatory compliance contracts, or long-term service agreements.

Tier-2 Management in Place

Must have an established management layer below ownership. We are a CEO-level platform buyer, not an owner-operator.

New England

Primarily New England and the Northeast Corridor. We have deep regional relationships and operational infrastructure in place.

High Switching Costs

Code-mandated services, regulatory compliance requirements, and institutional client relationships that create durable competitive moats.

Typically Not a Fit

We are generally not the right buyer for founder-dependent businesses without middle management, businesses that require daily field scheduling by ownership, project-only revenue models with limited service recurrence, or residential-heavy service models.

Download One-Pager (PDF)

Full mandate, target sectors, and deal parameters — single page.

For M&A Intermediaries

Active, Funded, and Ready to Close.

We prioritize speed, transparency, and disciplined execution. We bring a focused process to qualified opportunities through established lender relationships, a practical acquisition approach, and a network of experienced operators and capital partners. We move quickly, communicate clearly, and aim to provide counterparties with high confidence throughout the transaction process.

Responsive Process

NDA turnaround within 24 hours for qualified opportunities, with initial feedback delivered quickly after review.

Disciplined Underwriting

Focused review process designed to move efficiently on opportunities that fit our mandate.

Lender Relationships

Established relationships with regional lenders to support acquisition financing for financeable transactions.

Fast CIM Review

Initial feedback on Confidential Information Memorandums typically provided within 48 hours.