Solo Searcher | Rail Industry Exec Acquiring Service Biz | Seeking Investors

June 17, 2025
by a searcher from Western Governors University in Andover, Kansas, United States
Hi Searchfunder community,
I’m Ricky Pentz, launching Iron Eagle Ventures, a traditional search fund focused on acquiring and operating a U.S.-based service business.
🔹 About Me
I’m a seasoned operator with 15+ years leading railcar repair and industrial service businesses. I’ve run multi-site teams, led turnarounds, and improved profitability in highly regulated industries. My passion lies in building operationally excellent businesses that serve their communities long-term.
🔹 Acquisition Criteria
• Service-based businesses with strong recurring revenue
• Target: $1M–$5M in revenue, $250K–$1.5M in EBITDA
• Sectors: B2B services, logistics, light industrial, powersports
• Geography: Midwest & Southwest U.S.
🔹 Capital Raise
I’m raising $300K–$450K in search capital to fund a 24-month traditional search. Acquisition financing will include equity, SBA loans, and potential seller financing.
🔹 Why I’m Reaching Out
I believe there’s enormous opportunity in the lower middle market, and I’m looking to partner with investors who value hands-on leadership and operational discipline.
If you’re open to investing, mentoring, or just swapping notes, I’d love to connect. Thank you for your time and support.
📩 Feel free to message me here or connect at redacted
⸻
#SearchFund #SoloSearcher #ServiceBusiness #TraditionalSearch #Investors #MidwestAcquisition
from Massachusetts Institute of Technology in Portland, OR, USA