Acquisition Mandate

We buy profitable businesses
from owners ready to move on.

Clean process, fair price, and an experienced operator who takes the business seriously after you leave.


Target profile

The kind of business we acquire.

Revenue $8M to $30M
EBITDA $1.5M to $3M
Situation Owner retirement or succession
Sectors Industrial, services, manufacturing, regional Australia

For co-investors

How the capital structure works.

Co-invest partners hold 49%. Your capital comes back first. Goodrich carries the debt and operates the business. The split is permanent from the point your capital is returned.

  1. 1 Senior bank debt services first from operating cash flow. Minimum 1.5x cover required before any distributions.
  2. 2 Capex reserve held before distributions. Protects asset value and business performance through the hold.
  3. 3 Co-invest capital returned in full. Typically two to three years on a $1.5M EBITDA business.
  4. 4 Profit and exit proceeds split permanently: Goodrich 51%, investors 49%.

Our role

What Goodrich does on every deal.

  • Sources the opportunity via brokers, referral partners, and direct outreach
  • Runs independent diligence through Psymetry, built from source general ledger data
  • Negotiates valuation and vendor terms
  • Structures the capital stack: senior debt plus co-invest equity
  • Manages legal documentation and completion
  • Appoints a CEO and operates the business post-close

The people on the ground

David Lee
Venture Partner, Established Businesses

David Lee

David works on our acquisition mandate from origination through to post-close operations. Former CEO and CFO of Godfreys, with three decades of operational and financial leadership across Australian SMEs. He holds equity in every deal Goodrich acquires. He is not an adviser on the transaction. He is in it.


We make money when the deal performs.
Not when it closes.


For business owners

Ready to move on from your business?

We buy profitable, cash-flowing businesses from owners who want a clean exit. Tell us about your business and we will come back to you within 48 hours.

I have a business to sell

For co-investors

Interested in a structured equity position?

Co-invest partners hold 49% with capital returned first. Tell us about your interest and we will walk you through the current pipeline and structure.

I want to co-invest