Acquisitions
Our Acquisition Criteria
We are opportunistic acquirers, but we do have a framework for evaluating businesses. Here's what we look for.
The Overview
What Makes an Ideal Elevara Acquisition?
At Elevara Holdings, we take an opportunistic approach to acquisitions. We are not constrained by a specific industry mandate or rigid geographic box. Great businesses exist in every sector and every corner of the United States — and we are interested in all of them.
That said, we do have characteristics we look for in target businesses. Below is an outline of our general criteria. If your business doesn't fit perfectly, reach out anyway — we evaluate every opportunity on its own merits.
Key Criteria
What We Look For
Operating History
We target established businesses with a track record of operations.
- → Minimum 2 years in business
- → Documented operating history
- → Stable or growing revenue trend
Revenue Range
We focus on small businesses with meaningful but not mega-cap revenues.
- → $500K–$10M in annual revenue
- → Consistent year-over-year performance
- → Will consider outside this range case-by-case
Financial Health
We look for businesses that generate real cash flow or have a clear path to it.
- → Positive EBITDA preferred
- → Normalized owner compensation acceptable
- → Clean books and tax returns a plus
Geography
We operate nationwide with no geographic restrictions.
- → Any state in the United States
- → Urban, suburban, and rural markets
- → Remote or location-based businesses
Customer Base
Strong customer retention and loyalty are key indicators of a quality business.
- → Recurring or repeat customers
- → Diversified customer base preferred
- → Local, regional, or national clientele
Ownership & Transition
We work with a variety of sellers and ownership structures.
- → Sole proprietors and partnerships
- → Retiring or transitioning owners
- → Flexible seller transition periods
Sectors
Industries We Consider
We are sector-agnostic and evaluate businesses across a wide range of industries. Here are some areas where we've seen strong opportunities — but this list is not exhaustive.
Don't see your industry? Reach out anyway — we consider all sectors.
The Process
How an Acquisition Works
Our acquisition process is designed to be simple, transparent, and respectful of your time. Here's what to expect.
Initial Conversation
We start with a brief, no-obligation call to learn about your business and share how we work. Confidentiality is guaranteed from the start.
NDA & Information Exchange
We execute a mutual NDA quickly and request basic financial information to perform an initial assessment of fit.
Indication of Interest
If there is mutual interest, we provide a non-binding indication of interest with a preliminary valuation range.
Due Diligence
Our due diligence is thorough but focused. We work efficiently and communicate clearly throughout the process.
Letter of Intent
We present a formal Letter of Intent with clear, fair terms that reflect our understanding of your business.
Closing
We work with your advisors to close the transaction on terms that work for everyone — and then get to work.
Think Your Business Might Be a Fit?
The best way to find out is a brief, confidential conversation. There is no commitment required to explore.
Start a Confidential Discussion