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Paradosi Partners · παράδοση — the act of handing down

Your life's work, carried forward.

We buy founder- and family-held businesses and keep them — the name, the people, the way you do things. We're not private equity. There's no exit clock and no plan to resell.

How a sale with us works

You'll talk to James — he answers his own phone · (586) 945-3021

paradosipartners.com/fit

Is your business a fit? · anonymous · 60 seconds

No name, no email, nothing stored.

Founded
2024
Based in
Sterling Heights, Michigan
Direct line
(586) 945-3021
Look us up
LinkedIn — James Penz

Two ways in · same handshake

Ready to hand it over — or not quite yet.

Both doors lead to the same people and the same promise. You don't have to know which one you're walking through before we talk.

Path 01

Sell to us

A full sale, done quietly and honestly. We become the owners and we run the business — personally, not through a rotation of managers. You step back on your own timeline.

  • Who owns it after: we do — and we keep it. No fund, no resale plan.
  • Who runs it: us, on site. Your managers keep their jobs.
  • Your name: stays on the building and the trucks.
  • You: stay six weeks or two years — you decide.

Path 02

Partner with us first

Not ready to sell — most owners aren't. We work alongside you first: modern systems, operations help, new customers. If handing it over ever makes sense, you'll already know who we are.

  • Who owns it: you do. Nothing changes hands.
  • Who runs it: you — we bring the tools and the extra hands.
  • Obligation to sell: none. Ever.
  • The point: the relationship starts before the decision does.

One conversation covers both paths. No documents, no commitments.

Our promise to your people

The question behind every sale.

It's rarely the money that keeps owners up at night — research across thousands of exits finds a majority put legacy and their people above price. So we answer that question first.

Well-worn work gloves and a ring of keys on a workshop bench
01Your name stays
On the building, on the trucks, on the invoices. We bought the business because of what it is — renaming it would be buying something else.
02Your people keep their jobs
The team is most of what we're buying. We show up to learn from them, not to replace them with a playbook.
03Customers see no day-one change
Same phone number, same faces, same way of doing the work. Change, where it comes, comes slowly and from the inside.
04Nothing is shared until you decide
NDA first, always. Your team, customers, and vendors hear about a sale on your timeline — the norm is at close, from you, with us in the room.

Who you'd meet

Two people. No firm behind the curtain.

When you call, one of us answers. When we buy, we move in. There is no committee, no fund office, no associate who "handles Michigan."

James Penz and Thu Ra, co-founders of Paradosi Partners

James Penz & Thu Ra — co-founders

James Penz

Co-founder · CEO

Grandson of Greek immigrants who built a wholesale food business in Detroit — the name Paradosi (παράδοση, "the act of handing down") comes from that inheritance. James spent a decade at leading global consultancies rebuilding operations for some of the largest manufacturers and insurers in the country, and now puts that toolkit to work for businesses the big firms never visit. He still plays guitar in a Greek band on weekends.

james@paradosipartners.com·LinkedIn

Thu Ra

Co-founder · COO

An operator, not a financier. Thu Ra helped scale a mid-sized manufacturer from $80 million to $160 million in revenue, running the supply chain and the shop floor — then built and sold two businesses of his own. He came to America from Burma, and knows firsthand what it means to build something from nothing and want it to last.

ThuRa@paradosipartners.com

How a sale with us works

Quiet, honest, and on paper.

Roughly three to five months from a serious first conversation to close, when financing goes smoothly. Confidentiality is the first mechanic, not a courtesy.

Where the money comes from is a fair question — ask it. We'll walk you through exactly how a purchase is funded and show proof before we ask you for a single document.

  1. Day 1

    A conversation

    Thirty minutes, confidential, no documents. Your timeline, your people, an honest read on whether we're the right successor. If we're not, we say so.

  2. Weeks 1–2

    NDA, then a quiet look

    We sign a mutual NDA before you share anything identifying. Then high-level numbers only — enough for us to give you a serious, defensible range.

  3. Weeks 3–6

    A number in writing

    A letter of intent: price, structure, and what happens to your team, on paper. You keep running the business; nobody inside it knows anything yet.

  4. Months 2–4

    Diligence and financing

    The well-worn path — lender underwriting typically runs 60–90 days after the LOI. We work around your schedule, not through your office.

  5. Close

    Your people hear it from you

    The norm is a same-day announcement at close — from you, with us in the room. Majority of the price in cash at close is the market standard at this size, and it's ours too.

  6. After

    The handing down

    We move in and learn the business from your team. You stay involved exactly as long as you want — six weeks or two years. Your call.

A fair comparison

We're one of your options. Here's the honest difference.

Consolidators pay real money and close reliably — for some owners they're the right answer. The difference is structural, so we'll state it structurally.

Who runs it after close

A succession buyer (us)

We do — personally, on site.

A typical consolidator

A hired operator executing a fund's plan.

How long they plan to keep it

A succession buyer (us)

There is no clock. We buy to hold.

A typical consolidator

Typically 3–7 years, then it's sold again.

Your company's name

A succession buyer (us)

Stays. It's most of what we bought.

A typical consolidator

Often folded into a bigger brand over time.

Pressure on your team

A succession buyer (us)

Change comes slowly, from inside.

A typical consolidator

Back office centralized, systems standardized on a schedule.

Who you talk to

A succession buyer (us)

The owners. Same two people, every time.

A typical consolidator

Deal team first, operating team later — different people.

"Typical consolidator" describes the common private-equity platform model at this size, as documented across industry transaction data — individual firms vary.

Where we do our homework

We buy work we understand.

Founder- and family-held businesses, roughly $2M–$50M in revenue, anywhere in the United States. Four kinds of work we've studied deeply enough to deserve a seat at your table.

Restoration company warehouse with drying equipment staged in rows

Restoration & remediation

Insurance work, response times, and technician retention — we know why the 2 a.m. call matters and what an aging owner of a great mitigation book is sitting on.

Specialty food distribution shelves with crates and imported goods

Specialty distribution

Relationships that took forty years to build don't survive a spreadsheet integration. Route density, supplier trust, and the family name are the moat.

Stacked hardwood flooring planks with a level and tape measure

Commercial & trade services

Crews that show up, builders that call back, commercial contracts that recur — businesses the market undervalues because the value lives in people.

Manual lathe in a family machine shop at dusk

Light manufacturing & industrial

Tribal knowledge on the shop floor and thirty-year customer relationships — the things a strategic buyer's synergy model writes off, we consider the asset.

Owner FAQ

Asked by every owner. Answered with data.

Straight answers you can forward to your CPA, your attorney, or your kids. Market figures come from broker-reported transaction data, not our marketing.

How will I know your number is fair?
We'll show you the same market data your advisor would pull. Businesses between $2M and $5M in revenue traded at a median of about 4× adjusted earnings in recent broker-reported data (IBBA Market Pulse); $5M–$50M businesses at about 5.3×. Where yours sits in the range depends on things you can see — recurring revenue, customer concentration, how much runs without you. Bring your CPA to the table; we prefer it.
Who finds out, and when?
Nobody, until you decide. We sign an NDA before you share anything identifying. The market norm — and ours — is that employees learn at close, from you, with us in the room. If you want a key manager brought in earlier under their own NDA, that's your call.
How long does this take?
Roughly three to five months from a serious first conversation to close when financing goes smoothly. Lender underwriting typically runs 60–90 days after a signed letter of intent. Anyone promising to close in thirty days is telling you something about how carefully they'll look.
What actually changes after you buy?
Ownership, and little else at first. We run the business personally — the name stays, the team stays, customers see the same faces. Most of the price is cash at close, which is the market standard at this size. And because there's no fund behind us, there's no clock ticking toward a resale.

For attorneys, CPAs & brokers

Vetting us for a client? Fair. Criteria, funding clarity, process commitments, and references — including proof of funds under NDA before your client shares anything.

Introduce a client confidentially

Start a confidential conversation

Selling brings excitement, stress — sometimes even guilt. When you're ready, so are we.

Thirty minutes with James. No documents, no pressure, no mailing list. Just an honest read on your options — including the ones that aren't us.

Or call: (586) 945-3021

Prefer to write first? james@paradosipartners.com