Preserving Legacies, Empowering Futures
Furtherance in :30
At Furtherance, our family office boasts over $100 million in capital provided by our founding partners. We acquire well-established lower middle-market businesses in both the B2C and B2B sectors, characterized by revenues surpassing $5 million with EBITDA exceeding $1 million. Our primary focus is on identifying successful businesses with a strong track record, guided by an effective management team, dedicated employees, and a devoted client base. We focus on business owners seeking retirement without a clear exit strategy while ensuring a smooth transition that preserves the legacy of their life's work.
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The Furtherance Approach
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At Furtherance, our family partnership goes beyond business, it is the foundation of our success. We are a team of family and friends, who have worked together for over two decades across numerous ventures we’ve successfully started, invested, operated, and sold. We have mastered the art of building and operating thriving organizations through the trust we have built with each other and our partners.
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Our primary emphasis at Furtherance is on identifying businesses with a well-established history of success. We seek businesses guided by effective management teams, possessing a rich legacy, dedicated employees, and a loyal client base. By adhering to these guiding principles, we ensure that our portfolio consists of businesses with a solid foundation, poised for continued success in their respective markets.
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The Furtherance Approach is firmly rooted in delivering a seamless and minimally disruptive acquisition process, with a focus on preserving the continuity and success of the current employees, clients, and partners. We work closely with owners to facilitate a successful exit strategy, safeguarding their organization’s continuity and reputation. We understand the effort needed to build a successful business, as well as providing genuine care for customers and employees during the sale process. Having experienced similar situations firsthand we approach acquisitions with patience, a light touch, and the unwavering dedication necessary to ensure seamless continuity. Our primary focus is on empowering employees and safeguarding the legacy that has contributed to the organization’s success.
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As a self-funded group we do not have external investors, empowering us to make decisions based on our long-term vision rather than being constrained by arbitrary investment timelines. This self-sufficiency allows for greater flexibility, enabling us to navigate challenges and opportunities with a focus on sustained, long-term growth rather than short-term financial pressures.
It starts with knowledge.
FURTHERANCE
“If our nation’s baby boomers don’t get more focused on planning for the sale or transition of their businesses on an urgent basis, then we’ll have millions of citizens whose jobs and careers are in peril and millions more who will not be able to properly retire”
Jim Blasingame - The Small Business Advocate
“You want to find just the right buyer who will continue your legacy and take good care of your employees, your customers, and others after the closing… At some point you just need to force yourself to make the hard decisions and then figure out what you are going to do with the rest of your life.”
Rajiv Jain, Cashed-Out Entrepreneur
