What is Alpine Street?
Alpine Street is a holding company with fully committed funding to acquire a business in the industrial or infrastructure sectors.
Who We Are
We are entrepreneurs who share a deep conviction in the strength and resilience of the U.S. economy and the small businesses upon which it is built.
With experience investing in and helping build companies across industries, we’re focused on acquiring a single company within the industrial or infrastructure sectors, which are seeing a resurgence as manufacturing and supply chains are brought back from overseas.
Our efforts are supported by permanent, committed capital from patient investors and operating advisors who bring decades of experience in building great businesses.
For business owners, we are committed to preserving the legacy you’ve built and developing a close partnership during and after the transition. We’re dedicated to maintaining the core values and culture of your business while guiding it toward future growth and success.
Our Team
Alpine Street is led by Michael LeGrand (left) and Jordan Carr (right).
Before Alpine Street, Michael was at General Atlantic, where he focused on acquiring and helping build high growth companies.
Jordan previously worked at Berkshire Partners, where he was responsible for evaluating new investments and working directly with management teams on financial and strategic decisions.
Our personal stories are much more than just the places we worked. If you would like to know more about where we came from, follow the link below.
The Alpine Street Promise
LEGACY PRESERVATION
We are deeply committed to your long-term vision, grounded in trust and transparency. We’re here to protect the legacy you have worked hard to build.
PARTNERSHIP MINDSET
We share the risk and work alongside your team to optimize the outcome for all - we’re in this together.
PEOPLE-FIRST CULTURE
We believe the most important part of a business transition is putting people first. We treat you, your employees, and advisors with respect.
Our Focus
We specialize in working with business owners who are ready to sell a meaningful portion of their company, while also providing opportunities for those who wish to be part of the next phase of growth.
Target End-Markets
Industrial and Manufacturing
Power and Utilities Infrastructure
Business Model
Business-to-Business Services
Value-Added Distribution
Niche Manufacturing
Business Profile
$2M+ Annual Earnings / EBITDA
Stable or growing revenue
Healthy margins
Strong free cash flow generation
Limited capex requirements
Why Alpine Street?
Our approach puts your priorities at the center of a transition, offering succession strategies tailored to your desired level of involvement with certainty of funding.
Source of Funding
Funding Availability & Process
Growth Strategy & Time Horizon
Our Focus
Deal Terms & Seller Payout
Transition Period
Future of Employees
Seasoned group of entrepreneurs and operators with a strong track record of growing hundreds of small businesses
We have fully committed funding from patient investors that is immediately available; we’re not a search fund
Sustainable value creation, long-term growth, and legacy preservation with no predetermined exit date
Sole investment; your company receives 100% of our day-to-day attention and resources
Large institutional firms with rigid investment criteria and burdensome reporting requirements
Short-term returns to investors within a fixed time period (typically 3-5 years)
One of potentially hundreds of portfolio companies; remote or temporary oversight
Terms tailored to your needs with options for full or partial cash exit and the ability to maintain equity
Flexible to your desired scope of involvement. Options for full exit or ongoing participation
Integral to our succession plan, long-term growth strategy, and knowledge preservation
Private Equity
Complex investment processes often require approval from many different stakeholders
Restrictive structures. Potential for delayed payout and large equity reinvestment requirements
Founders often required to stay on for multiyear commitments with financial contingencies attached
Varies... cost-cutting strategies or consolidation measures may place your employees at risk
Our Process
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We’ll spend some time getting to know each other. We will hear your story, learn about your company, and listen to your goals to understand if there is a fit to move forward.
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We’ll sign a non-disclosure agreement (NDA) and ask for access to basic financial information on your company. We'll do some initial analysis to evaluate your industry, business, and operations and most importantly, our ability to have a positive impact on your business. We’ll put together an initial offer to help us discuss what a deal might look like.
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If we decide together to move ahead, we’ll give you a letter of intent (LOI). This is a formal - but not binding - offer to buy your business and will include a purchase price (or a range) and outline the key terms of the deal. As part of the signed LOI, we will ask for an exclusivity period (typically 60-90 days) to review and better understand your business. Finalizing a letter of intent and agreeing on terms of exclusivity usually takes ~2 weeks.
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Due diligence involves a thorough review of your company's operations, financial history, and team. We'll hire advisors to help us understand legal, lending, accounting, and technical aspects.
Throughout this time, we will meet regularly to discuss questions, specific deal details, and build a transition plan. This is the point where we will collectively discuss the future of the Company.
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Once all parties are happy, we’ll sign the final purchase agreement, transfer funds, and celebrate an exciting future for your business. After closing, we will work closely with you to ensure a smooth transition for all employees, customers, and suppliers. During the transition, our focus will be on learning the business.