Succession Capital
TWO ENTREPRENEURS LOOKING TO ACQUIRE AND OPERATE A SINGLE BUSINESS
Who we are
Appleby Succession Capital is a family investment office run by two entrepreneurs looking to acquire, integrate with your existing management team, and operate a single small to medium-sized business in US or Canada for the long-term. Our family businesses were sold to private equity firms and we are now looking to devote 100% of our time and effort to leading your company to ensure growth and continuity for your employees, partners as well as your legacy. We can offer flexible exit opportunities to suit your situation and aspirations.
Appleby is backed by a world class group of entrepreneurs and investors who not only have successfully grown numerous mid-sized businesses, but also have extensive track record of backing and investing in young leaders like us. Our combined experience spans investment banking, operational roles at small businesses, and developing and implementing business strategies for organizations across finance, healthcare, infrastructure and technology sectors.
We live our values of humility, integrity, excellence and innovation and believe they will set us apart in learning your business and building trust and respect with your team. We are driven by our desire to help people and organizations realize their full potential.
If this is the right fit and succession option for you, we'd be delighted to have an introductory discussion.
Zain Ishaq
Co-Founder
Prior to Appleby Succession Capital, Zain was Vice President at Red Oak Succession Capital, where he helped another entrepreneur acquire a company to operate long-term. Prior to Red Oak, Zain spent 9 years in Investment Banking advising clients in South Asia, Middle East and North Africa. In his last role as Vice President at Mashreq Bank, the largest private bank in the Middle East, he originated and executed debt-side financing for projects worth $8bn deploying capital of more than $3bn. He managed a P&L account contributing $20m to the bank’s bottom line. He has a track record of leading successful origination and sales processes as well as delivering structured solutions to complex client needs. He was also part of the leadership team at the bank and led key projects on strategic planning, organizational design, growth strategy, and operational efficiency.
Zain is also Co-Chair of the Advisory Board for his family's plastic surgery clinics business. He advises on optimizing clinics' processes to ensure best-in-class care for patients and also oversees its finance, sales and marketing functions.
Zain has an MBA from INSEAD, France, and a Bachelor of Science with honors from LUMS, with a double major in Economics & Political Sciences.
Vadym Kononenko
Co-Founder
Prior to Appleby Succession Capital, Vadym spent 4 years in London, United Kingdom, 2 years as CFO and Head of Russia & Ukraine of Hummingbird Technologies and 2 as an Associate at Barclays Investment Banking. At Hummingbird Technologies, Vadym successfully completed Series A and Series B fundraises of £3.4m and £8.2m, respectively, from angel, institutional and strategic investors, and secured commercial contracts to pave the path for new geographical entries, e.g. Canada and the United States. He also managed the company’s global operations, rapidly growing its presence from 18 people in 3 countries to 64 people in 7 countries in under 2 years.
As an Investment Banking Associate with Barclays’ Industrials Group, Vadym led and completed a number of transactions ranging from Equiniti’s acquisition financing of Wells Fargo shareholders services business unit to $250m IPO of Global Ports Holding. While at Barclays, Vadym gained sector knowledge of business process outsourcing, facilities management, manufacturing, and transportation.
Vadym has an MBA from INSEAD and a Bachelor of Commerce degree with a Specialist in Finance and a Major in Economics from the University of Toronto.
We are supported by experienced mentors and advisers who have extensive experience in investing and advising medium-sized businesses.
Click here to learn more about our investors and advisers.
Our value to you
What we are looking for
We are looking for a single business that exhibits the traits below. Of course, every business is different, and we are always willing to have a conversation if you're not sure your business fits all of the below criteria.
We're always interested in businesses for sale that are represented by brokers or other intermediaries, and we will pay industry standard finder’s fees in the event of an acquisition.
Industry
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Growing industry
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Fragmented, with no clear industry leader
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Minimum business cyclical exposure
Financial
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3+ years of stable revenue and profitability
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>$2m operating profit before taxes (>$1m for software businesses)
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Attractive margins
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Low annual capital expenditure
Company
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Motivated Seller
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Modest barriers to entry
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Diverse, loyal customer base
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Strong team and growth culture
Contact
Get in Touch
180 John St. Toronto, ON
M5T 1X5, Canada
zain@applebysc.com | +1.647.459.4919
vadym@applebysc.com | +1.647.220.0302