An American kestrel perched against a clear blue sky

Operator-led · Built for growth

A trusted transition for your life's work.

We partner with business owners seeking a succession solution that protects their legacy, supports their employees, and positions the company for long-term success.

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$2M–$5M EBITDA U.S.-based Owner-operated after close

The model

A new chapter of growth for what you built

Most owners spend a lifetime building something that works. When it comes time to step back, the choices tend to be thin. Sell to a competitor that absorbs the team and retires the name. Sell to a fund that loads the business with debt and trims costs to hit a return. Or wind it down.

We offer another path. We are looking to commit our own capital and our full attention to one business we can own, operate, and grow for the long term. We plan to keep the name, support the team, and invest in what already works so the owner gets a thoughtful transition and the company gets a committed next chapter.

An American kestrel perched in snow, scanning

Why Kestrel

The North American Kestrel is a small bird of prey that hovers patiently, reads the whole field, and commits to one thing at a time. It is known for precision over force. That is how we work. We take the time to understand a business deeply, move with focus rather than scale, and commit fully once the fit is right.

Why partner with us

What you can count on

01

Growth, not extraction

We reinvest profits back into the business to build it for the years ahead. Our decisions serve the lasting health of the company, not a fee or a quick flip.

02

Operators at the helm

We step in to lead the company full time from day one. You are handing the business to people who will run it themselves.

03

Your legacy carries forward

Your employees, your customers, and the name you built all carry forward. We learn what is working before we change anything, then build on it.

04

A clear, certain process

We come prepared and move decisively. We do not use diligence as a price-reset exercise. If diligence surfaces something material, we address it directly and transparently.

For owners

Thinking about what comes next?

Start with a confidential conversation about your goals, timeline, and what a good transition would need to protect.

Contact us

After close

What changes Monday morning

Our first job is to protect the legacy you built. Then we invest in the people, systems, and growth that carry it forward.

01

Protect the base

Keep the company name, listen to the team, meet key customers, and make sure employees know what is staying steady.

02

Strengthen the engine

Improve recruiting, sales follow-up, reporting, dispatch, customer records, and the daily systems that remove friction.

03

Invest for growth

Reinvest in people, service quality, customer expansion, and practical technology that makes the company easier to run.

What we look for

Our criteria

Industry-flexible, quality-first. We look for enduring businesses with recurring demand, trusted teams, and durable cash flow.

EBITDA
$2M $5M
Annual revenue
$5M $30M
Headquarters
United States

Consistent profitability

A stable history of cash flow and healthy margins.

Loyal, recurring customers

Long relationships and revenue you can count on year after year.

An owner ready to transition

A founder or family looking to step back, with a team that can carry the daily operations.

A trusted reputation

Known for quality and well regarded in its market.

Strong fit

Durable reputation

  • Recurring B2B services or repeat customer relationships
  • Field operations, maintenance, compliance, distribution, or specialty services
  • Durable local or regional reputation with room to professionalize systems

Usually not a fit

Situations built on fragility

  • Turnarounds where the core business is deteriorating
  • Heavy customer concentration or one-time project revenue
  • Businesses that require the exiting owner to remain the main salesperson forever

Our approach

How a conversation becomes a transition

Confidential first call Fast fit feedback Focused diligence
1

Introduction

A short, confidential call to understand your business, your goals, and your timing. No materials are required for the first conversation.

2

Mutual fit

If there is alignment, we review a focused set of financial and operating details, then give clear feedback on whether we are a serious fit.

3

Offer

We put a straightforward offer in writing, grounded in real performance, transition goals, and a structure we believe can close.

4

Diligence

We confirm earnings, customers, team, operations, and key risks with a tight group, working around the business and keeping the process discreet.

5

We step in to lead

We close with a transition plan, communicate what is staying steady, and step into day-to-day leadership.

A clear comparison

How we differ

Operator-ledKestrel Growth Partners Financial buyerPrivate equity Corporate buyerStrategic acquirer
Time horizon Patient, with none of the built-in pressures that force a quick sale Three to five years by design, then resale Held as one unit among many
Who runs it A committed owner-operator, on site A hired executive reporting to the fund Folded into existing management
Your team Retained and invested in Often restructured to cut costs Frequently consolidated
Your name and brand Kept and built on Maintained until exit Usually retired
The process Direct, confidential, one decision-maker Layered approvals and committees Driven by corporate strategy
After the sale Reinvestment and growth Cost cuts ahead of a resale Integration into the parent

For the deal table

How brokers, lenders, and investors can work with us

Brokers

A prepared buyer who respects the process

Clear criteria, fast feedback, direct decision-makers, and a serious path to close for the right owner-operated business.

Send an opportunity
Lenders

An operator-led credit story

Durable cash flow, conservative structure, and two full-time operators focused on preserving the base before pursuing growth.

Discuss debt fit
Investors

A focused acquisition thesis with patient upside

One carefully selected company, meaningful operator ownership, and value creation through better systems, sales, and execution.

Discuss capital

The partners

Who you'll work with

Jack Craddock

Jack Craddock

Co-founder & Managing Partner

Jack is an engineer and product leader with eight years of experience building consumer-facing AI products in highly technical domains. Most recently, he was Director of Product at Curai Health, where he helped scale the company to tens of millions in revenue. He began his career as a field-deployed petroleum engineer at EOG Resources. Originally from Houston, Texas, Jack earned a B.S. with distinction in Energy Resources Engineering from Stanford University.

LinkedIn →
Charlie Kerr

Charlie Kerr

Co-founder & Managing Partner

Charlie is a commercial leader with experience across enterprise sales, consulting, and middle-market operations. At BCG, he worked in the Principal Investors and Private Equity group on diligence across residential, commercial, and industrial services. Before BCG, he led enterprise sales teams at Darktrace through its 2021 IPO. Originally from Uniontown, Pennsylvania, Charlie holds a Wharton MBA and was an Academic All-American in track and field at Stanford.

LinkedIn →

The two of us have known and trusted each other since freshman year at Stanford. Between us we bring experience across operations, sales, finance, product, AI, and regulated environments. We have hired teams, managed teams, carried revenue responsibility, and worked inside the kinds of operating systems we now want to improve as owners.

— Jack & Charlie

Contact

Let's talk

If you own a business you care about and are thinking about what comes next, we would value a conversation. Every discussion is confidential and carries no obligation.

hello@kestrelgrowthpartners.com

We treat every conversation, and everything you share with us, in strict confidence.