For Your Business
Building on Owners' Accomplishments
and Preserving Their Legacies
We Buy and Grow Companies
We are mid-career business leaders and military veterans who buy and operate businesses for the long-term. We admire business owners’ accomplishments, shoot straight, and work hard to secure an owner’s legacy after we buy their business. We’re a great match for owners who care about their business’s future, need a successor to lead it, and want to sell to an honest and experienced partner.
We are self-funded and backed by successful business people who help us grow companies. We have strong records, so owners can feel confident about their business’s future with us. We pursue long-term growth, continual improvement, and rewarding work for employees.
"John is incredibly experienced at buying companies, seeking what is best to meet all parties' needs and ensure success. He's trustworthy and really cared about our success and people. After leading the purchase of our company, John helped us acquire two businesses that accelerated our growth. Additionally, things that were discussed during the sale (employee retention, benefit equalization, etc.) occurred as we had discussed. Often, this does not happen in acquisitions and is why I would be excited to work with him again."
“John is a great guy to work with. He not only has a strong background in M&A, but also a good understanding of technology. He ensured that negotiations went smoothly by finding fair solutions to the inevitable differences of opinion that occurred. He was always well organised, a ‘safe pair of hands’ and kept the process moving along smoothly.”
"John was great to work with. His strong understanding of both technology and business really set him apart. Direct and to the point, John was always fair and at the same time tenacious. He never dropped the ball and always made you feel included and understood. He was an all-around good business partner and I recommend working with him."
“I worked closely with John when he was VP at the company to which we sold the business that I co-founded. I found him focused, honest, clear-thinking and amiable. Crucially, he is smart, fully understanding both our company and what mattered to us and the sale process. At the end of the acquisition, which was successful for all parties, we had formed not only a business partnership, but also a friendship. This is why John succeeds.”
Preserve Your Legacy
Selling a business is a huge decision. Buyer types differ, so owners must consider what they most value to find the right buyer. Semper is not the right buyer for every owner, but we’re perfect for some. The info below will help you decide.
|Typical Private Equity Firm||Typical Corporate Acquirer|
|Goals||Grow long-term cashflows; create jobs for veterans||Maximize investor returns—and PE firm profits||Increase corporate earnings|
|Approach||Grow and improve||Try growing, then sell company||Integrate your company; often cut employees/facility|
|Ownership Period||Long-term||4-5 years||Long-term|
|Retain Culture & Preserve Legacy?||Mostly||Unlikely. Two new owners in just a few years||Unlikely. Often a new name, leader, and culture|
|Operating ability and management plan||We insert a new CEO with an excellent record||Varies. Most firms want management to stay||Varies. May not care if management stays|
|Focus||Dedicated CEO and advisory board. Limited holdings||Own many businesses; buy/sell constantly||Corporate results; often have quarterly focus|
|Counterparty's ‘Skin in the Game’||Semper's team invests a large stake||Very low. Almost all funds from outside investors||Very low, unless family or operator-owned|
|Owner Keeps Small Stake to Sell Later?||Will consider if desired by owner||Yes, this is common||Uncommon|
Many buyers erase owners’ legacies by consolidating facilities, cutting employees, and/or imposing their culture. Semper preserves owners’ legacies by running the business well, keeping its name, and treating employees fairly.
Semper’s experience and straight-forward approach leads to efficiency and trust. Many other buyers lack knowledge, change terms at the last minute, fake interest to view confidential info, or tie owners up with an offer then fail to close.
Many buyers plan to let people go and are more concerned with short-term results than employees. Semper works with the existing team, grows capabilities, rewards appropriately, and holds each other accountable, if needed.
It often makes more financial sense for an owner not to sell. When an owner is selling, Semper wants a win-win deal. Occasionally, others pay more because they’re cutting costs (your employees or facility) or can otherwise grow earnings.
Semper partners with owners of steady-performing businesses that fill durable customer needs. We specialize in working with retiring owner-operators and family-owners whose business needs a new leader.
- Consistent annual cashflows of $1M-$6M
- Loyal customers with modest concentration
- Skilled and committed employees
- Concerned about business’s long-term future
- Committed to a successful transition
- Willing to provide some seller financing
- B2B or B2G:
- Niche manufacturers
- Facility/industrial/home services
- Value-add distributors
- Continental US focus
- Avoid start-ups and declining industries
- Pay market-based fees to intermediaries
- Consider VOSBs and SDVOSBs
Building on Owners’ Successes
Hi, I’m John Fox. After spending my formative years on my family’s farm and in the Coast Guard, I led dozens of acquisitions and learned that business owners are often unsatisfied with traditional business buyers. Unfortunately, most owners do not figure it out until it’s too late, so I formed Semper to create a better option for business sellers.
Semper transitions leadership from owner-operators to CEOs with deep business and military leadership experience. We deal knowledgeably and fairly, invest for the long-haul, understand the many roles owner/operators fill, and work incredibly hard to preserve owners’ legacies. America trusted us to lead its daughters and sons in challenging conditions; owners can trust us to lead their business through its next chapter.
Semper comes from the Coast Guard’s motto, Semper Paratus, which is Latin for Always Ready. It’s also part of the motto of the Marine Corps (Semper Fidelis), the Navy (Semper Fortis), as well as Army and Air Force units. Semper is our name given our veteran focus, the importance of the Coast Guard in my life, and our long-term ownership plans.
We’re Excited You’re Considering Semper