Acquire a business?
Nah...
We want to carry on a legacy.
At Iridessa Capital, the investment branch of Jessi’s business, our goal is to acquire, build, and sell small businesses with one, key focus – carrying on the legacy that you, the founder, created.
We believe that the best deals happen where everybody wins.
That means you, us, your employees, your customers, and the community.
The acquisition process with Iridessa Capital happens in five simple steps. From the first call to the day you hand over the keys, we can reach the closing paperwork in days or weeks, not months or even years. Our goal is always to collaborate with you to find a fair valuation for your business, determine what you need from the sale of your business, and create a deal that makes sure you get exactly that.
1. Initial Call
The first step is a short, no-pressure Zoom call with Jessi. We want to hear all about your business’s origin story and how you got started in entrepreneurship. And, frankly, we want to make sure we get along as humans. We like doing business with people we like, and we’d bet you’re the same.
2. Data Gathering
Next, we’ll ask for some basic financial information to make sure your business aligns with our investment criteria. We also ask two, all-important questions: what do you want from the sale of your business, and is Iridessa Capital the group that can provide that?
3. Presenting an Offer
Once we understand your business, your goals, and a fair market valuation, we’re ready to present an offer. If, throughout the data gathering process, we find we’re not a good fit, we probably know another group or investor that would be, and we’re happy to make an introduction.
4. Due Diligence
If you accept our offer, then we’re full-speed ahead to the closing table. Due diligence is where we dive deep into the nitty gritty of your business’s financials, operations, products and services, and team. This process can feel a bit overwhelming, but we’re here to walk with you through each and every step.
5. Closing Paperwork
Pop the champagne! 🍾 You’ve officially sold your business! The closing paperwork is the formal document that outlines the terms of the sale and the responsibilities of both of us, but let’s be honest… It’s time to call the party planner, because you’re off to embark on your next chapter.
Meet Our Founder, Jessi Beyer
Pacific Northwest native Jessi Beyer, MA, has nearly a decade of experience in entrepreneurial space, including specific expertise in the public relations, authorship, public speaking, event coordination, and mental health industries. Her first foray into entrepreneurship came when she founded and coordinated a series of fundraising events that benefited families who were struggling with the loss or illness of their child. Later in her career, Jessi once again returned to business as a keynote speaker and the #1 best-selling author of How To Heal: A Practical Guide To Nine Integrative Therapies That Can Help Release Trauma. Both of these endeavors have relied heavily on the power of public relations; to date, Jessi has amassed features in over 200 media outlets, spanning local print media, radio, television, digital publications, podcasts, and conferences.
Now, Jessi is turning her attention to her investment portfolio with the goal of expanding her impact by supporting and carrying on the legacy of small businesses. She is specifically interested in PR firms and podcast booking agencies. These are the types of businesses that have been instrumental in her success as an author and speaker, and she is excited to help other entrepreneurs and small business owners access the benefits of these types of businesses, as well.
Frequently Asked Questions
What type of businesses are you looking for? What is your investment criteria?
We are interested in acquiring businesses that have been in business for at least 5 years, have at least 3 team members, and generate at least $350,000 in annual profit.
How do you fund your acquisitions?
Our acquisitions are funded through a combination of partnerships with the sellers, our own capital, and capital from our network of lenders and investors.
What will happen to my employees if I sell?
Unlike other institutional buyers, we’re not here to strip your business down to its bones and replace your entire team. In our opinion, employees are the soul of a company, and we want to make sure they’re taken care of after you sell your business. If retaining your employees is critically important to you, let us know! Again, our goal is to find out what you’re looking for from selling your business and help you achieve that – and that includes protecting your employees’ futures.
I have another question that’s not answered here.
Schedule time on Jessi’s calendar here! We’re excited to chat with you!