Successional Partners was originally founded to carry on their first family business. Now, our sole purpose is to acquire a business with like-minded owners looking to pass down their legacy into responsible hands.
Meet the Founder
Chris Cooper is a Tampa Bay native looking to expand his footprint within the State of Florida through the acquisition of a small to medium size business.
Before Successional Partners, Chris earned his Master’s Degree in Accounting from the University of Florida. A Certified Public Accountant (CPA), Chris has worked with the largest global accounting firms in the world, including Deloitte and Ernst & Young. With a strong business background, he has dedicated his time to analyzing all aspects of company operations through diligence testing of numerous publicly traded companies on the NYSE.
Chris is extremely passionate when it comes to nurturing and supporting businesses. His first step into the world of small to medium size business occurred when he purchased his family’s 31 year old company in December, 2021. From that day forward, he fell in love with the Owner/Operator model and hasn’t looked back since. His dedication and practical experience allow him to understand and appreciate what it takes to operate and expand a business.
Over the years, Chris has built an impressive track record of growing revenues, creating and managing highly successful teams, and formalizing SOP’s to empower leaders and employees. Through diverse and effective guidance, his focus is to protect and uphold the legacy built by the original founder of the prospective business, while simultaneously creating exceptional value and growth.
Advisors and Investors
Successional Partners is supported by a small group of experienced Advisors and Investors with a similar goal: to make sure the business, that the original owner worked so hard to build, remains successful for years to come.
Investment Criteria
Established processes for future growth
10+ year old company
Ownership ready to pass the torch on to a new generation
Recession resistant
Financial records of 3+ years
Offering a fair price to long term buyer
Seller note of 5-10 %
Low cyclicality
What Successional Partners looks for
Location
Florida-based businesses within 4 hours from the Tampa Bay Area
Size
$500k - $1.5M EBITDA/SDE
Industry
Marine, service, online/cloud-based, tech with existing CTO or software engineer