Astoria Growth Partners
We help private business owners transition to the next chapter with confidence and peace of mind
We are two entrepreneurs backed by world-class investors, focused on acquiring and growing one exceptional business for the long run. Our goal is simple: preserve your legacy, care for your people, and build upon what you’ve created
Finding the right buyer is hard...
It is difficult to entrust your life's work and your people to a new owner.
Most institutional buyers will lead your businesses from an ivory tower in a distant city, hire a CEO you will never meet to lead your people, and shift focus to the next deal for their portfolio before yours closes.
Your business shouldn't be treated like just another deal. You deserve more than just the highest bidder.
Meet the Team
We are friends turned partners who share a deep respect for the hard work, grit, and determination it takes to build a great company. We know a family business is special and selling one is difficult- because we have lived it.
We are backed by world-class investors and operators who have deployed over $15B of capital and executed 1,000+ transactions
Institutional Partners
Boston-based firm operating for 30+ years supporting 160+ acquisitions, a household name in the search community
Texas-based firm part of $500M+ AUM Next Coast Ventures, bringing a team of seasoned operators to back future CEOs
Chicago-based lower middle-market PE firm, managing $13B AUM with 80+ platforms, recognized as a top founder-friendly investor
North Carolina–based investment firm with $2B+ portfolio value, 90+ companies backed with 250+ investor advisors
Global investment firm with deep roots in Latin America, supporting 27 portfolio companies across U.S., Latin America, Europe, and Asia
Canadian investment firm led by Rameez Ansari and Steve Lau, with deep expertise in vertical SaaS and tech-enabled services
San Francisco–based PE firm with $1.5B AUM, 100+ investments in healthcare, software, and tech-enabled services
Dallas-based PE firm with ~30 years of experience across industries, 300+ investments across 40+ states
Canadian investment collective with deep tech and software roots, known for scaling businesses from $1M to $100M
Operating Investors & Advisors
Our Process
1
Intro meeting
Email us or schedule a short phone or video call with us to spend some time getting to know each other. We will hear your story, learn about your company, and listen to your goals to understand if there is a fit.
2
Initial financial review
We will sign a non-disclosure agreement (NDA) and request basic financial information to better understand your business and provide an initial sense of value.
3
Meet in person
Alongside the review, we will arrange an in-person meeting to learn more about your goals, your team, and the legacy you’ve built.
4
Letter of intent
If we mutually agree to move forward, we will work together to finalize a Letter of Intent (LOI), which is a formal, non-binding offer that outlines the purchase price (or range) and key terms of the deal.
As part of the signed LOI, we will request a 60–90 day exclusivity period to conduct due diligence, during which we may ask for additional information, with the goal of arriving at a price and structure that works well for you.
5
Due diligence
Due diligence involves a thorough review of your company’s financial history, operations, and team. We’ll hire advisors to help us understand legal, accounting, and technical aspects.
Throughout due diligence, we will meet regularly to discuss questions, specific deal details, and build a transition plan. This is often a complex and time-consuming process, during which we promise transparency, efficient communication, and empathy.
6
Sign and celebrate!
Once all parties are signed off, we’ll sign the final purchase agreement, transfer funds, and celebrate an exciting future for your business.
After closing, we will work closely with you to ensure a smooth transition for all employees, customers, and stakeholders.
What We Look For
We seek to acquire one exceptional business that fits these criteria. Even if your business does not meet every point, we believe great businesses are defined by more than just financial metrics. Let’s talk.*
Business
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Tech‑enabled services, business services, and B2B software (SaaS & platforms)
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Strong culture and team
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Diversified customer base and strong customer retention
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Recurring or re‑occurring revenue
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Headquarters in U.S.
Financial
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EBITDA / annual earnings of $2M+
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Established history of growth and strong margins
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Limited cyclicality
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Low capital expenditures and working capital needs
Transaction
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Owner seeking an exit or reduced day-to-day involvement
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Owner wanting to scale their business to the next level
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Owner interested in preserving their team and legacy of the business they built
* We offer a generous referral fee for any warm introductions that lead to an acquisition
Frequently Asked Questions
Get in Touch
Chicago, IL
New York, NY