Anyone else in Maryland want to connect?
Hi Searchfunder Community, I am a Maryland-based executive operator looking to acquire a business ($2M - $10M Revenue) where the owner wants to execute a succession plan but is not ready to fully exit day-to-day operations immediately. My Goal (The Deal Structure):I am looking for a "Phased Buyout" scenario.Instead of a 100% immediate exit, I am seeking to acquire a majority or meaningful stake now (providing liquidity to the owner), while stepping in as the Operating Partner / GM. This allows the owner to transition to a Chairman role and retain equity/income without the daily management burden. My Track Record:I am a grassroots builder, not a private equity flipper. I built a $100M revenue regional business unit from scratch (zero to 200 employees) and managed $5M+ in annual net profit. I know how to grow a legacy business while protecting its culture. Why This Works for the Owner:Liquidity Event: The owner takes chips off the table now (Broker gets paid).Reduced Risk: They get to "test drive" the successor before fully retiring.Legacy: I am an operator looking for one company to lead for the next 20 years. If you represent a Maryland owner who needs a successor but isn't ready to walk away cold turkey, let’s discuss a structure that works for everyone. Best,Kory Whiteredacted #Maryland #WashingtonDC #Searcher #PrivateEquity #Entrepreneurship #ManagementBuyout #SuccessionPlanning