BORING BUSINESSES.AUTONOMOUS FLEETS.SCALED CASH FLOW.
3-4x
ACQUISITION MULTIPLE
7-10x
TARGET EXPANSION
12+
PORTFOLIO COS.
BUY DIRT CHEAP.
AUTOMATE EVERYTHING.
EXIT FAT.
We acquire proven, cash-flow-positive physical businesses at distressed multiples. Then we replace manual operations with custom AI agent fleets - eliminating the overhead that kept margins thin and scaling what was once a local business into a regional platform. No turnarounds. No turnkey stunts. Just automation on existing cash flow.
Acquire Physical Cash Flow
- Target cash-flow-positive businesses at 3-4x EBITDA
- HVAC, plumbing, dental, local distribution, water delivery
- Owner-operated, proven unit economics, no tech dependency
- Purchase from retiring operators seeking liquidity
Deploy Autonomous Agent Fleets
- Custom AI agents for dispatch routing and scheduling
- Automated customer support and follow-up sequences
- Intelligent invoicing, collections, and payment reconciliation
- Local SEO and hyper-targeted acquisition marketing
Scale to 7-10x Exit
- EBITDA margins expand 500-800 bps via automation
- Revenue grows through systematic local market capture
- Business becomes tech-enabled, recurring, and portable
- Exit to strategic buyers, PE firms, or hold for yield
PHYSICAL INFRASTRUCTURE.
ZERO SOFTWARE COMPETITION.
Every sector we target shares three properties: essential demand, fragmented ownership, and zero software-native competitors. These are businesses that have run the same way for decades - not because they are broken, but because no one has applied autonomous systems to their operations. We are first.
HVAC & MECHANICAL
Residential and commercial HVAC, plumbing, and electrical services. Fragmented markets ripe for consolidation and software-led margin expansion.
PLUMBING & WATER
Emergency repair, fixture installation, and water delivery services. High-frequency demand with zero commoditization risk from software-native competitors.
DENTAL PRACTICES
General and specialty dentistry. Recession-resistant, insurance-backed revenue with significant administrative overhead that AI can eliminate.
LOCAL DISTRIBUTION
Last-mile delivery, water and beverage distribution, and supply-chain intermediaries. Route-based operations where AI dispatch drives 30%+ efficiency gains.
THE LAST
INEFFICIENCY ARBITRAGE.
Every wave of software value creation has targeted the same thing: information asymmetry. SaaS ate the office. Marketplaces ate retail. Fintech ate banking. What remains is the physical world - the $10 trillion of services that happen in trucks, warehouses, and clinic rooms, where the margin between a good business and a great one is simply dispatch efficiency and customer follow-through.
"The highest-yield, lowest-risk play of this decade is not another AI chatbot company. It is buying the businesses that cannot be disrupted by software - and then flooding them with software."
ACQUISITION MULTIPLE
Cash-flow positive, zero tech risk, retiring owners
AUTOMATION UPLIFT
Margin expansion from dispatch, billing, and support AI agents
EXIT MULTIPLE
Tech-enabled recurring revenue commands PE and strategic premiums
We are not building for a liquidity event built on hype. We are building on the cash flow of real businesses that serve real people. Autonomous agents are the wedge. Cash-flow compounding is the outcome.
HAVE A
BUSINESS TO SELL?
We acquire cash-flow-positive businesses in HVAC, plumbing, dental, and local distribution. If you have built something real and are looking for liquidity with a partner who will scale what you started, reach out.
Investors interested in deploying capital into the fund should select "Investor" and include their AUM and target allocation.