sa·ga | sah-guh

(noun)
¹ a long story with dramatic events or parts
// We partner with owners to continue the saga of their business

We are an operator-led venture looking to acquire a small business from a transitioning owner.

 

Below are our guiding criteria:

      • Total Revenue > $7m
      • Net Profit Margin > 15%
      • Steady Historical Growth
      • Strong Company Culture
      • Loyal, Recurring Customer Base
Troy Beebe - Saga Growth Partners

Meet Troy Beebe

An investor-backed entrepreneur eager to continue the saga of an exceptional small business.

Troy is not your typical business buyer.

He has owned and operated multiple small businesses and knows how to get his hands dirty.

Troy is excited to work together with a like-minded owner as they seek to transition their business to the next generation of entrepreneurs.

Investment Team

Are you a small business owner with an opportunity you’d like to discuss?

We would love to connect. Please contact us to set up an introductory call.

Saga Growth Partners
909 Davis Street, 5th Floor
Evanston, IL 60201

(773) 414-4808 | troy@sagagrowth.com

Saga Growth Partners, LLC © 2021 | All Rights Reserved

Personal

Born and raised in Ohio's farm country as the oldest of three boys, Troy learned at a young age the values of honesty, hard work, and leadership. His entrepreneurial mindset came as a result of his parents influence as small business owners, and his pathway has led him to start numerous small businesses in sectors ranging from moving services to real estate.

Troy and his wife, Sarah, have been married since 2017 and currently live in Chicago with their dog, Willie. Outside of spending quality time with friends and family, Troy can be found fixing cars, working on home improvement projects, playing board games, and clay target shooting. Troy and Sarah are avid supporters of NorthShore Hospital's Pediatric ISCU Foundation and The Wounded Warrior Project.

Professional

Prior to launching Saga Growth Partners, Troy was a Co-Founder and Partner of Arc Equity Group, a real estate investment firm focused on the acquisition and management of multifamily investment properties. Since 2019, the company has acquired over 300 units and currently has $25M of assets under management.

Before he formed Arc Equity Group, Troy was a Director of Investment Sales at Essex Realty Group, a leading middle-market commercial real estate brokerage firm in Chicago. He came to Essex after leaving his role as an Account Executive at IBM. Prior to IBM, Troy had founded numerous small businesses including a computer repair company and a storage and moving services provider.

Education

Troy holds an MBA from Northwestern's Kellogg School of Management and a BSBA from Xavier University's Williams College of Business.

Andy Love

Andy is the Founder and Managing Partner of Aspect Investors. Prior to founding Aspect in 2012, he served as CEO and Co-Founder of Behavioral Health Group (BHG), a substance abuse treatment company that he formed in 2006 through his search fund, VantageCap Partners. Under his leadership, BHG was a three-time winner of the Inc. 500|5000 award (2010, 2011, 2012), where the company was ranked the 18th fastest growing private healthcare company in the U.S. (2010), and the Dallas 100 (2009, 2010, 2011) award. He led a successful exit of BHG in 2011 and stayed on as CEO through 2012. Since that time, he has partnered with several dozen searchers and many of their follow-on acquisitions. 

Earlier in his career, Andy was a founding team member of Broadband Venture Partners (BVP), a Dallas-based growth equity investment firm. Prior to BVP, Andy was an Associate Consultant with Bain & Company in Dallas. 

Andy holds a BA in Plan II Honors, magna cum laude, from The University of Texas at Austin, where he graduated with Phi Beta Kappa honors and departmental distinction. He also holds an MBA from the Stanford Graduate School of Business and an MA from the Stanford University Graduate School of Education.

B.A. Cullum

BA is a Vice President at Aspect Investors where he leverages his extensive experience with acquisitions, business development, and real estate development to assist search fund entrepreneurs. Prior to joining the Aspect team, he was the Director of Acquisitions & Business Development at ClubCorp, the largest owner/operator of private golf clubs, country clubs and business clubs in North America. During his time at ClubCorp, BA played a key role in the company’s acquisition of over $390 million worth of golf and country club properties. BA’s pro-active sourcing efforts across the U.S. served as a critical component of ClubCorp’s extensive deal pipeline and directly led to a number of successful off-market transactions.

Previously, BA worked at JP DiNapoli Companies, a closely held real estate investment firm, and the Beck Group, a national construction and architecture company. Early in his career, BA was an analyst with the Dallas Cowboys, where he focused on development of the Cowboys’ AT&T Stadium and management of the Jones family’s commercial real estate development activities.

BA earned an MBA from the Stanford Graduate School of Business. He also holds a Masters in City Planning (MCP) from the Massachusetts Institute of Technology and a BA from Stanford University.

Badge Stone

Badge is a Co-Founder and Managing Partner of WSC & Company and is involved all aspects of the firm’s search fund activities, inclusive of the search, acquisition and operation phases.

While at WSC, Mr. Stone acquired and operated Perimeter Security Systems (“PSS”). PSS is a leading provider of monitored, electric fences to commercial and industrial customers. Perimeter Security Systems was sold to Electric Guard Dog (Snow Phipps Group, LLC) in August 2016. Prior to co-founding WSC, Badge served as President of Stone Pump & Trench, an infrastructure equipment rental business. Badge developed and led the execution of a turnaround plan which resulted in EBITDA improvement of 71% in the first 12 months. Badge sold the North and South Carolina operations to National Trench Safety in 2013 and the Tennessee operations to Cross Country Pipeline (Odyssey Investment Partners) in 2015. 

Before Stone Pump & Trench, Badge co-founded HeelHorn Partners, a search fund, and worked for VF Imagewear, a Nashville-based division of VF Corporation. While at VF Imagewear, Badge focused on operations, mergers and acquisitions, and internal growth projects. Prior to VF, Badge worked for McColl Partners and First Union Securities’ M&A Group (formally Bowles Hollowell Conner) as a middle-market investment banker focused primarily on sell-side assignments, private capital raises, and leveraged buyouts. 

Badge holds a Business Administration degree with Distinction from the University of North Carolina at Chapel Hill, where he was a Morehead Scholar, and an MBA from Harvard Business School.

Brad Buser

Brad is a Partner at Aspect Investors and has a decade of private equity investment experience, having spent much of that time in an operationally-focused manner across a wide variety of industries and situations. Prior to joining Aspect, he was a Principal at Insight Equity, a Dallas area-based operationally intensive middle-market private equity firm with over $1 billion in capital under management. During his nearly 7 years at Insight, Brad helped to lead transaction sourcing and execution efforts and spent considerable time on Boards and on the ground advising and managing portfolio companies via Insight’s “hands-on” investment strategy.

Before Insight, Brad was an investment professional at Wind Point Partners, a Chicago-based private equity firm where he helped to execute on Wind Point’s strategy of backing strong and proven CEOs in acquiring established businesses. Earlier, Brad was an Associate at the Boston Consulting Group in Chicago.

Brad holds an MBA from Harvard Business School. While at HBS, Brad was a Summer Associate with the private equity team of The Blackstone Group. Brad graduated summa cum laude from the University of Notre Dame where he received his BBA in Finance. Brad is also a CFA charterholder and a Certified Public Accountant.

Carlos Saez

Carlos is Co-Founder and Managing Director of The Operand Group. He is responsible for overall management and administration of the Firm’s investing activities in Search Funds. In his role, Carlos is also a Board Member at L.A.W. Publications and E-Card Systems. 

Prior to his current role, Carlos had 16 years of proprietary investment and operations experience in the equity derivatives industry.  Carlos was Chief Investment Officer for Spot Trading in Chicago from 2009-2015, managing all Trading, Equity Research, Financial Engineering and front-office software development activities. Prior to this experience, Carlos executed various trading roles successfully, and in so doing gained valuable process, technology, and management skills that he is eager to share with young entrepreneurs. When not investing in searchers, Carlos is actively involved as a Director for the Barrington Area Community Foundation and a Founding Board Member of INCubatorEdu. 

Carlos received his undergraduate degree in Civil Engineering from The Georgia Institute of Technology and his MBA from the University of Chicago Booth.

David Dodson

David is the Founder and Managing Partner of Futaleufu Partners. He has been active for twenty-five years in the formation of new businesses through entrepreneurial acquisition. After graduating from the GSB, under the direction of Professor Irv Grousbeck, he wrote the original course material for search funds—then in its infancy. After one year as a case writer, David raised his own search fund, which led to the purchase of Smith Alarm Systems in 1989. He subsequently raised two more search funds to purchase an auto parts retailer and an environmental services firm. During this time, David became an active investor in and board member of other search funds, investing in over forty search funds. 

David has been a director and investor in twenty-one middle market companies. He is currently on the board of: Teton Gravity Research, Penn Warranty, Wind River Environmental, Eyewitness Surveillance, Innflux LLC, and Carillon Assisted Living. He is also active in three non-profit boards: U.S. Fund for UNICEF (Regional), Project Healthy Children, and Sanku LLC. David Dodson currently divides his time between Stanford University and Project Healthy Children (a nonprofit enterprise with operations in Rwanda, Burundi, Nepal, Liberia, Zambia, Zimbabwe and Malawi), and a “double bottom line” enterprise Sanku, LLC, with operations in Tanzania. 

David earned an MBA from the Stanford Graduate School of Business and a BS from Stanford University.

Jose Stella

Jose Stella is the Co-Founder and Managing Partner of Ashford Venture Partners, a private group of entrepreneurs and investors focused on investing predominately through search fund vehicles. Jose is also Co-CEO and Founder of QMC Telecom. Previously he was Co-CEO and Co-Founder of VIU Media, Puerto Rico's largest private outdoor advertising company, until the sale of the company in 2006 to Lamar Advertising. He previously worked at Chase Manhattan Bank, Banco Popular and UBS in Zurich. 

Jose graduated cum laude from Babson College with a focus on Finance, Investments and Economics and has an MBA from the University of Michigan.

Kurt Leedy

Kurt is a Co-Founder and Managing Director of Miramar Equity Partners. He also leads the efforts of Miramar Search Partners. Prior to Miramar, Kurt spent more than 13 years at Ridgemont Equity Partners, a middle-market private equity firm with more than $2.5 billion of capital under management. At Ridgemont he was responsible for sourcing, executing, and managing investments in the technology, media, and telecommunications industries. Kurt started his career in the Dallas and Mexico City offices of Bain & Company, a leading strategy consulting firm, where he helped companies in a variety of industries tackle challenges related to growth and profit improvement. 

In addition to being a CFA charterholder, Kurt graduated with Highest Honors with a BBA in Finance and a BA in Spanish from the University of Texas at Austin. He received his MBA, with Honors, from The Wharton School at the University of Pennsylvania, where he was a Palmer Scholar.

Kyle Coots

Kyle is a Co-Founder and Managing Director of Miramar Equity Partners. Prior to Miramar, Kyle spent nearly seven years in private equity, most recently at RedBird Capital Partners, a growth equity firm investing in close partnership with founders and entrepreneurs. At RedBird he was responsible for sourcing, executing, and managing investments in business services and energy. Before joining RedBird, Kyle focused on investing in growth-oriented, middle market buyouts at Austin Ventures.

Prior to Austin Ventures, Kyle served as a Consultant at Bain & Company where he concentrated on turnarounds, growth strategies and performance improvement initiatives across many industries, including natural resources, telecom, consumer products, business services and healthcare. Kyle was also previously an Analyst at TPG and an Associate at PwC.  

In addition to being a Certified Public Accountant, Kyle graduated with a BBA in Accounting and Finance and an MPA from the University of Texas at Austin. He received his MBA from the Kellogg School of Management at Northwestern University.

Macon Carroll

Macon is a Co-Founder and Partner WSC & Company and is involved all aspects of the firm’s search fund activities, inclusive of the search, acquisition and operation phases.

Prior to joining WSC & Company, Macon served as VP of Operations at Griffin Brothers Companies, a diversified family of companies with operations throughout the Carolinas. Griffin Brothers Companies’ core businesses are in the construction and demolition landfilling, real estate development, hospitality management, tire and automotive repair industries. Macon focused on the C&D landfilling and the property and hospitality divisions, where he was tasked with implementing operational efficiencies in addition to business development.

In addition to his role at Griffin Brothers Companies, Macon managed a closely held private investment fund, CFH, LLC. As a managing principal of CFH, LLC the fund invested in a broad range of asset classes including, financial services, cloud computing technology, healthcare services, self-storage, commercial and healthcare real estate.

Prior to Griffin Brothers Companies, Macon worked as an investment banking analyst for Bank of America Merrill Lynch in the Financial Institutions Group. While at Bank of America Merrill Lynch, Macon focused on business development companies, asset management firms and closed end funds.

Macon holds a BA in Global Studies with a concentration in economics from the University of North Carolina at Chapel Hill, and an MBA from UNC’s Kenan-Flagler Business School.

Mario Sicilia

Mario is a Managing Partner at Cerralvo Capital. Cerralvo was founded by Mario and his partners after successfully acquiring, operating, and divesting from Bomi, a third-party logistics company that caters to the pharma and healthcare industry. Cerralvo has invested in dozens of search funds across several geographies.

Mario earned an MBA from the Stanford Graduate School of Business and a Bachelor’s in Industrial Engineering from Ibero-American University.

Mark Anderegg

Mark is a Co-Founder at Newbury Franklin, a long-term focused acquirer and builder of businesses in niche markets. Prior to Newbury Franklin, Mark was the CEO of Little Sprouts, a Boston-based provider of early education centers, which he led the acquisition of in 2012 via the search fund model. Mark served as CEO for 6 years and expanded the company to become the largest independent childcare company in New England, operating several different brands in 4 states. 

Earlier in his career, Mark was an investment banker with Goldman Sachs, first in New York and later in Chicago. He subsequently worked as a private equity investor with Chicago Growth Partners, a middle-market buyout fund, where he focused on investments in the education industry.

Mark received his BA in Economics, magna cum laude, from Vanderbilt University and his MBA from the Kellogg School of Management at Northwestern University.

Matt Burr

Matt is General Partner at Red Forest Capital, a family office that specializes in investing in search funds and other small, middle-market buyouts. He previously worked at Cambridge Associates, where he was a hedge fund analyst covering global long/short equity funds. He also assisted universities, foundations, and high net worth families with asset allocation, investment manager selection, and market research. 

He is presently on the Board of Directors of Dragonfly Pond Works, HousingWire and Precision Eye. 

Matt received his BA, cum laude, from Harvard College.

Rafael Somoza

Rafael is the Co-Founder and Managing Partner of Ashford Venture Partners, a private group of entrepreneurs and investors focused on investing predominately through search fund vehicles. He is also Co-CEO and Founder of QMC Telecom.  Previously he was Co-CEO and Co-Founder of VIU Media, Puerto Rico's largest private outdoor advertising company, until the company's sale in 2006 to Lamar Advertising. He previously worked at Chase Manhattan Bank and CS First Boston. 

Rafael graduated magna cum laude in Economics and Political Science from Yale College and has an MBA from Stanford Graduate School of Business.

Ryan Coon

Ryan is the Co-Founder and CEO of Avail, a software company that provides an all-in-one solution for small landlords. After selling the company to Realtor.com, Ryan became Vice President at the consolidated company where he currently serves.

Prior to founding Avail, Ryan worked in BMO Capital Market’s Investment Banking division where he advised firms through all phases of M&A, private placement, and equity capital markets origination and execution.

Ryan graduated with Honors from the University of Illinois with a Bachelor’s of Science in Accounting and Finance.

Santiago Perez Teuffer

Santiago is a Managing Partner at Cerralvo Capital, LatAm’s leading search fund investor specializing in small cap buyouts. Cerralvo has invested in dozens of search funds across several geographies. 

Prior to Cerralvo, Santiago worked as a Vice President in Credit Suisse, leading Energy Research in Latin America. He did deep market research on the opening of the Mexican Energy Industry to private investment. Santiago also has operational experience working in different shale gas basins in the US, as well as working with Sierra Oil and Gas, Mexico’s first Independent Oil Company.

Santiago holds a numerous degrees including an MBA from the Stanford Graduate School of Business, a MS from the Stanford University School of Engineering, and a Bachelor’s in Economics from Comillas Pontifical University.

Steve Ressler

Steve is currently President of Callyo, a Motorola company, which provides a mobile communication SaaS platform to law enforcement agencies across the United States. Steve is a serial entrepreneur who has started and sold numerous SasS companies. Prior to Callyo, Steve founded GovLoop.com, the largest online community of public servants, which he sold to GovDelivery (leading gov't SaaS communication platform).

Prior to his entrepreneurial endeavors, Steve worked for the Department of Homeland Security in the Office of the Inspector General. 

Steve holds a MA from the University of Pennsylvania and a BA from Miami University.

Susan Pohlmeyer

Susan is a Principal at Futaleufu Partners and works closely with search fund entrepreneurs during the diligence and acquisition phases of search. She is passionate about the search fund investment model because she loves working alongside talented, driven entrepreneurs to find and acquire great companies. She currently serves on the board of Travelmax and is a board observer for Unified Dental Partners and Datum Technologies. 

Prior to joining Futaleufu, she covered portfolio strategy and private equity for Stanford Management Company, focusing on the lower middle market in the U.S. and Latin America. She started her career at J.P. Morgan in equity derivatives.

Susan is a CFA charter holder and holds an MBA from the Stanford Graduate School of Business. She holds a BA in economics from Dartmouth College.

Ted Baxa

Ted is a Vice President at WSC & Company, where he contributes across all stages of the investment life cycle from searcher recruitment to acquisition and ongoing portfolio company value creation.

Ted previously was a Director in the Portfolio Operations group at Dorilton Capital, a middle-market private equity firm in New York City investing in business services, healthcare and industrials. At Dorilton, Ted supported due diligence and acquisition integration and led value creation initiatives in collaboration with management teams. Ted also served as an operating lead and board observer of several platform investments.

Before Dorilton, Ted was an entrepreneur and operator, founding and running a digital technology and marketing services business for seven years focused on scaling revenue generation in sponsor-backed, middle-market clients. WSC was an early client and Ted’s passion for search fund investing spans nearly a decade.

Ted holds an Economics degree with Highest Distinction from the University of North Carolina, where he was a Morehead-Cain Scholar.

Walker Hobson

Walker is a Vice President at WSC & Company and is involved all aspects of the firm’s search fund activities, inclusive of the search, acquisition and operation phases.

Prior to joining WSC & Company, Walker served as an investment banker with the Diversified Industrials and Business Services (DIS) Group at Piper Sandler Companies. The Piper Sandler DIS Group’s core clients are middle-market private equity portfolio companies in field, business, and industrial services; light and advanced manufacturing; and transportation and logistics. Walker executed sell side transactions across the platform and led business development efforts for the plastics and packaging team.

Prior to Piper Sandler Companies, Walker served as a member of the armed forces. Specifically, Walker was a member of the US Army’s 82nd Airborne Division where he served as a paratrooper and Army ranger.

Walker holds a BBA in Finance from Stetson University and an MBA from Duke’s Fuqua School of Business.

Will Thorndike

Will is the founder and Managing Director of Housatonic Partners, a private equity firm managing over $1 billion in capital. Will is an avid investor in individual entrepreneurs and has invested in dozens of search funds over the last 20 years. 

Prior to founding Housatonic, Will worked with T. Rowe Price Associates and Walker & Company, where he was named to the Board of Directors. He is a Director of Access Information Management; Alta Colleges; Continental Fire & Safety Services, LLC, Carillon Assisted Living, LLC; Liberty Towers, LLC; OASIS Group Ltd.; QMC International, LLC; White Flower Farm, Inc., a Trustee of Stanford Business School Trust, the College of the Atlantic (Chair) and a founding partner at FARM, a social impact investing collaborative. 

Will is the author of The Outsiders, which was featured as #1 on Warren Buffett’s Recommended Reading List. Will holds an AB from Harvard College and MBA from the Stanford Graduate School of Business.