
Fortis Operating Partners is an operator-led group focused on acquiring incredible small businesses with the intent to both scale and own them in the long-term.Fortis OP is based in Chicago and primarily focused on Midwest based businesses. We value confidentiality, quick feedback, and a respectful transition for owners and their teams.
Owner
Owner transition (retirement, succession, or shifting priorities)Preference for a thoughtful handoff and continuityWe are flexible on transition timing when expectations are clear
Company & Industry
Selective manufacturing or specialty distribution if repeat demand is strong and capex is controlledB2B services and maintenance with recurring work preferredFire / life-safety inspection and serviceCritical facilities uptime servicesService heavy commercial HVAC with agreement growth potentialAvoid job shops, one off fabrication, and project heavy profit modelsAvoid single points of failure
Location
Within 120 miles of Chicago area (WI, IN, IA)
Financial
Purchase price typically $2M-$4M (flexible with structure)Prefer $750K+ SDE or $500K+ adjusted EBITDAStrong free cash flow and controlled capexNo single customer ideally >20% of revenue
If your business differs from the above and you think it could be a fit, please reach out.
Fortis OP is a group of operating partners with experience across operating leadership, finance, and acquisitions.We are pursuing a platform acquisition and intend to be hands-on owners post close. Our focus is steady operational improvement, strong systems, and preserving what makes the business work.We aim to operate with integrity, stewardship, and respect for employees, customers, and legacies.
Brokers and intermediaries:
Please send teasers, CIMs, and NDAs to [email protected]Owners and advisors:
If you are considering a transition and want a confidential conversation, email us or use the form below.
Fortis Operating Partners • Chicago, IL • [email protected]Direct buyer. Not a broker. Confidential by default.