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Investment Criteria

Achieve Your Goals and Focus on What Matters Most

Notch Capital is your trusted capital partner. We specialize in investing in longstanding, reputable home heating and cooling businesses, including retail heating oil, propane and renewables distribution and HVAC companies adapting to the new energy landscape. We provide solutions for founder-owned and family businesses with no clear succession plan, platforms in need of significant capital to modernize technology and processes, and companies concerned about the impact of regulatory changes on the industry. Unlike many strategic buyers, we seek to preserve your legacy and provide the next generation with the backing to advance their careers.

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Our Deal Types

We structure our investments to best meet the business owner’s objectives. Our team and advisors are experienced in buyouts, majority buyouts (equity recapitalizations), equity rollovers and corporate carve-outs. We work directly with business owners, brokers, investment bankers and other intermediaries. The team at Notch Capital strives to be a reliable and transparent partner during the transaction process.

Our Investment Criteria

• Founder or family-run business
• Sale of complete or majority stake
• Revenue of $25 million and over
• EBITDA of $2 million to $10 million ($500K and higher for add-ons)
• Consistent profitability
• Geographic preference for companies operating in the eastern United States


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Enthusiastic, Forward Thinking Management Teams

We look to retain management teams that have a passion for their field and are eager to think outside of the box. We have extensive experience working with heating and cooling service companies to maximize their potential. We are proud of our strong industry partnerships and strive to make the experience of working with the team at Notch Capital a pleasant and professional experience.

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Not Ready to Sell Yet?

No problem. We have worked with companies like yours that want to start planning for the future but are not quite ready to sell. Give us a call to discuss how we can help you explore the transaction structures that are right for your situation, the future of your family and employees, and your legacy.


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Invest in Your Future with Notch Capital