For business owners
Tell us about your business
Fit
What we look for
- An established, privately held business with a track record — not a start-up.
- Revenue up to $50 million and EBITDA up to $5 million.
- Manufacturing, consumer services, education, real estate or business services (adjacent sectors are welcome to inquire).
- Based in North America (USA and Canada), India or Africa.
- An owner or management team willing to work with IGM through a transition — or to stay on as a partner.
- Ideally, a business that owns or could own the property it operates from.
- Two sectors IGM operates in today — bowling and family entertainment centers, and machine shops and precision manufacturing — each have their own page below.
Not sure whether you fit? Submit anyway — a short description is enough for IGM to tell you quickly. Full investment criteria
Sectors we know well
IGM operates in these two sectors today and has a dedicated page for owners in each.
Bowling and family entertainment centers
IGM owns and runs a family entertainment center in Warwick, Rhode Island, and buys bowling alleys, bowling centers and FECs — usually with the building.
For owners in this sectorMachine shops and precision manufacturing
IGM's portfolio includes WMT Precision, a machining plant in New York; IGM buys CNC machine shops, job shops and metal-fabrication businesses — usually with the building.
For owners in this sector
01
Investment Criteria
- Private companies
- Geography: North America (USA and Canada), India, Africa
- Revenue up to $50 Million
- EBITDA up to $5 Million
02
Industry Focus
- Manufacturing
- Consumer Services
- Education
- Real Estate
- Business Services
03
Transaction Types
- Acquisitions (Growth)
- Minority stake
- Debt Restructuring
- Recapitalization
Structures
How we can help
Sell all or a majority of the business
IGM acquires a majority interest and partners with the existing management team to keep the business growing. Buyouts can be structured with any combination of equity and debt, and IGM has the funds needed for the acquisition.
How this works at IGMPartial sale or growth capital
Keep control and bring on a partner. A minority investment gives the business capital and an operating partner without the owner giving up majority ownership; IGM can take a passive or active role.
How this works at IGMSuccession or retirement planning
For owners planning to step back — with or without a family successor or management team in place — IGM can buy the business in stages or in full, with a transition period agreed in advance.
How this works at IGMRecapitalization or subordinated debt
Growth capital as a supplement to a bank loan — for buying a competitor, adding a production line or restructuring the balance sheet. Patient, long-term capital with no amortization.
How this works at IGMSell the business and its property together
IGM typically acquires the operating business and the real estate it operates from in one transaction. If you would rather keep the property, a lease to the business can be part of the discussion.
How this works at IGMWhat IGM brings
Operators, not just capital
IGM's principals have built and run manufacturing, technology and service businesses, and IGM owns and operates businesses today — including a family entertainment center and early-childhood education centers.
Technology and hands-on AI expertise
IGM applies its own technology platforms and AI know-how to the businesses it backs — operations, marketing, staffing and decision-making — to help established companies modernize and compete. Our technology
A long-term, family-owned firm
IGM is a family of entrepreneurs investing its own capital alongside partners since 2016. There is no fund clock forcing a resale, and decisions are made by the people you meet.
Five steps
What working with IGM looks like
- 1
Submit your business
Use the form below. A short description and the ranges you are comfortable sharing are enough to start — no documents are needed.
- 2
Confidential introductory call
An IGM principal reads every submission and, where there is a potential fit, schedules a call to understand the business, your goals and the timing you have in mind.
- 3
NDA and information exchange
IGM signs a non-disclosure agreement before requesting historical financials, customer information or other confidential material.
- 4
Indication of interest
If the business fits, IGM shares a written, non-binding indication of the structure and terms it would propose, so you can decide whether to proceed.
- 5
Diligence and closing
Confirmatory diligence, definitive agreements and closing — including the property, if it is part of the transaction — on a timetable agreed together.
Confidentiality
Submissions are reviewed only by IGM's principals. Your information is used solely to evaluate a potential transaction and to contact you about it; it is not shared with third parties or used for marketing.
IGM will sign a non-disclosure agreement before requesting detailed financial statements or other confidential material. Please do not upload, paste or email confidential documents at this stage — a description is enough.
See our Privacy Policy.
Step 1
Submit your business
Brokers, bankers and advisors are welcome to submit on an owner's behalf.
Prefer to talk first? Contact us
FAQ
Selling or recapitalizing your business — frequently asked questions
- What kind of businesses does IGM buy or invest in?
- Established, privately held companies with revenue up to $50 million and EBITDA up to $5 million in manufacturing, consumer services, education, real estate and business services, located in North America (USA and Canada), India or Africa. IGM typically acquires the operating business together with the real estate it operates from.
- How do I sell my small business or manufacturing business to IGM?
- Submit the business through the form on this page or contact us. An IGM principal reviews the submission and, if there is a potential fit, schedules a confidential introductory call. IGM then signs an NDA before requesting financials, shares a written non-binding indication of interest, and completes diligence and closing on a timetable agreed together. There is no cost or obligation to submit.
- How does private equity value a small business?
- Buyers generally value an established small business on its normalized earnings — EBITDA or seller's discretionary earnings — adjusted for growth, customer concentration, management depth, capital needs and working capital, and separately for any real estate included in the sale. IGM does not publish valuation multiples: value is discussed with each owner after the NDA and information exchange, and IGM's indication of interest is always in writing and non-binding.
- Can I sell part of my business and keep control?
- Yes. IGM makes minority investments for owners who want a partner and capital without giving up majority ownership. IGM can take a passive or active role, and the structure is agreed with the owner.
- What are the options for succession planning in a family business?
- Common options include transferring the business to family members, a management buyout, an employee stock ownership plan, a minority recapitalization that provides liquidity while the family keeps control, or a full or majority sale with a transition period. IGM can be the partner for the last two. Succession decisions have tax and legal consequences — consult your own advisors.
- Does IGM buy the real estate along with the business?
- Usually, yes. IGM's approach is to acquire the operating business together with the property it operates from, which removes landlord and lease-renewal risk for the business. Owners who prefer to keep the property can discuss a lease to the business instead.
- Is my submission confidential?
- Yes. Submissions are reviewed only by IGM's principals and are used solely to evaluate a potential transaction. IGM signs a non-disclosure agreement before requesting detailed financial statements or other confidential material. Please do not include confidential documents in your submission.
- Do you work with business brokers and M&A advisors?
- Yes. Brokers, investment bankers, accountants and attorneys are welcome to submit a client's business on the owner's behalf — select "Broker or advisor" as your role in the form.
- What happens to employees and management after a sale?
- IGM's approach is to partner with the existing management team and to grow the business, not to strip it. Plans for the team are discussed openly with the owner during the introductory call and diligence, and are set out in the definitive agreements.
- How long does a sale to IGM take?
- It depends on the business, the structure and how ready the company's records are. IGM does not commit to a timetable before diligence; the steps and their order are always the same, and the timeline is agreed with the owner at the indication-of-interest stage.
- Which industries does IGM know best?
- Two from the inside: bowling and family entertainment centers — IGM owns and runs a family entertainment center in Warwick, Rhode Island — and machine shops and precision manufacturing, where its portfolio includes WMT Precision, a machining plant in New York. Each has a dedicated page for owners at igmfund.com/business-owners/bowling-centers and igmfund.com/business-owners/machine-shops. IGM also considers other manufacturing, consumer-services, education, real-estate and business-services companies.
