A thoughtful transition for established business owners

Northern Asset Group acquires profitable, founder-led businesses and operates them for the long term, with care for employees, customers, and legacy.

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What we buy

We acquire established, profitable B2B services businesses that meet most of the following characteristics.

Financial Profile

  • Revenue of $3M to $10M
  • Cash flow (SDE or EBITDA) of $400K to $1.5M
  • Consistently profitable over multiple years
  • Stable or recurring revenue patterns

Business & Operations

  • Founder-owned or closely held
  • Established team and day-to-day operations in place
  • Diversified customer base
  • No single customer representing an outsized share of revenue

Industry & Stage

  • B2B services businesses
  • Not heavily regulated
  • Established and stable
  • Not early-stage, distressed, or turnaround situations

Geographical focus

We prioritize businesses located in or near major U.S. metro areas, with current focus on:

Arizona

Phoenix

Colorado

Denver

Florida

Tampa

South Carolina

Greenville & Charleston

Why Northern Asset Group

Northern Asset Group

Private Equity

Industry Buyer

Time horizon

Long-term ownership

Short-term exit focus

Driven by integration goals

Business identity

Operates independently

Often merged or rebranded

Often absorbed

Employees

Team stability prioritized

Headcount often reduced

Roles frequently consolidated

Pace of change

Measured and deliberate

Fast and financially driven

Often rapid

Seller transition

Defined and respectful

Transactional

Often limited

Decision making

Operator-led

Financially driven

Centralized

Legacy focus

Core priority

Secondary

Often minimal

The process

Initial
conversation

A straightforward discussion to understand the business, the owner’s goals, and overall fit.

High-level
review

A focused review of financials and operations to confirm alignment.

Structure and transition planning

Clear expectations around timing, responsibilities, and next steps.

Smooth
handoff

A defined transition period to support continuity for employees, customers, and the business.

Our approach

We are long-term owners, not financial traders.

Our focus is on acquiring and operating one business at a time with care, discipline, and attention to what already works. We value continuity, clear communication, and doing right by the people who built the company and the teams who keep it running.

We are not pursuing short-term exits, aggressive restructuring, or rapid consolidation.

Seller transition

Sellers are involved during a transition period to support knowledge transfer and continuity. This period is flexible based on the business, but it is intended to be finite.

Our goal is a clean handoff that allows owners to fully step back with confidence.

Thinking about what comes next?

If you are beginning to explore a transition, we are open to a conversation.

Contact Northern Asset Group