Kenneth Pettibone's Contact Details

Kenneth Pettibone's Company Details

M Succession

Los Angeles, California, United States • 10 Employees
Machinery

MSP offers owners of sub-$5m EBITDA industrials businesses a succession plan that doesn't include selling their business to a competitor or private equity investor.Our business plan doesn't focus on "optimizing" through the changes that some buyers usually make (i.e. changing the company name, laying off staff.) We intend to run the business as they are and instead take a more "offensive" approach by improving sales/marketing and expanding work shifts/capacity.Businesses are purchased through a mix of personal equity, debt, and investor equity. This unique approach allows us to buy bigger businesses, hold on to businesses for as long as we'd like, and help owners pass their legacies along to someone who will treat their legacies right.