Our acquisition criteria

Good businesses.
Strong foundations.

At Adrian Croft Enterprises, we seek to acquire established, profitable small businesses with strong fundamentals and opportunities for long-term growth.

We are industry-flexible and prioritize businesses with sustainable earnings, dependable customer relationships, experienced teams, and operational systems that support continued success.

Ideal business profile

01

Annual earnings

$300,000–$500,000+ in sustainable annual SDE or EBITDA

02

Business history

5+ years of established operations preferred

03

Profitability

Consistent, verifiable earnings and positive cash flow

04

Revenue model

Recurring or repeat revenue strongly preferred

05

Management

Experienced employees or management team in place

06

Owner involvement

Limited dependence on the current owner

07

Geography

Online businesses nationwide preferred; also interested in businesses in Utah and the Mountain West

08

Industry

Broad flexibility across established, profitable industries

09

Growth potential

Opportunities for operational improvement, technology adoption, or organic growth

10

Transaction structure

Flexible; personal equity, acquisition financing, and seller financing where appropriate

While we are open to opportunities across many industries, we are particularly interested in:

B2B Services

Essential services supporting other businesses, especially those with established contracts and repeat customers.

Technology & Software

Established software products, SaaS businesses, and technology-enabled services with dependable revenue.

Professional & Specialized Services

Niche service businesses with strong reputations, specialized expertise, and loyal customers.

Light Manufacturing & Distribution

Established businesses with defensible products, reliable customer demand, and manageable capital expenditure requirements.

Online Businesses

Profitable digital businesses with diversified traffic sources, sustainable margins, and established operating processes.

Sustainable Cash Flow

Consistent, verifiable earnings supported by a proven business model rather than short-term trends or aggressive growth projections.

Operational Independence

An experienced team, documented processes, and established systems that allow the business to operate without constant involvement from its owner.

Customer Loyalty

Long-standing customer relationships, recurring contracts, or dependable repeat business that support predictable revenue.

Long-Term Durability

Products or services with enduring demand, reasonable competitive protection, and resilience through changing economic conditions.

Opportunities for Thoughtful Growth

Potential to improve efficiency, strengthen systems, leverage technology, or expand existing customer relationships without fundamentally changing the business.

Our investment approach

Personal capital.
A long-term perspective.

Adrian Croft Enterprises is an independent, privately funded acquisition company. We invest our own capital and take a personal, long-term approach to business ownership.

We are not focused on rapid turnarounds or short-term resale strategies. Our objective is to acquire quality businesses, preserve the relationships and operating strengths that made them successful, and build on that foundation for years to come.

We recognize that every business is unique. Our acquisition criteria are guidelines rather than rigid requirements, and we welcome conversations about opportunities that may fall outside these parameters.

Explore an opportunity.

We welcome relevant opportunities and introductions, including those that may fall outside these guidelines.

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