Three Meadows is an entrepreneur-led venture focused on acquiring a U.S. based business from a transitioning owner.
What we look for:​
Business Criteria
People-driven
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Owner values employees and legacy
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Key personnel to stay post-close
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Strong team culture
Commitment to quality
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Differentiated product or service
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Focus on customer service & satisfaction
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Long-term customers
Financial Criteria
Stable and predictable
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Revenue of $5-50M
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EBITDA margins >15%
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History of profitability and growth
Efficiently run
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Low capital intensity
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Low customer concentration (top 5 customers are less than 30% of sales)
We will prioritize B2B businesses in industries with the following characteristics:
Large and growing
Fragmented with no clear leader
Resilience to cyclicality
Low regulatory risk
Whether you want to retire, get some liquidity for your hard work, or step back from the day-to-day management of your business, please reach out. We'd love to start a conversation!
Founder and Operator
Meet Andrew Petrie
Andrew is an investor-backed entrepreneur and leader seeking to acquire and grow one business for the long term.
Andrew grew up in Ohio in an entrepreneurial family. His WW2 veteran grandfather started a plumbing business and his father started, grew, and sold a successful label manufacturing business. The name Three Meadows comes from the neighborhood Andrew grew up in - where his Dad started his business, where his family had a house fire and experienced the value of local community, and where he started having entrepreneurial goals.
Andrew is not your average business buyer. He understands how big the decision to sell your business is to you and your family. Who you decide to sell your business to will have a massive impact on your employees, customers, and other stakeholders. Andrew is an entrepreneur and small business buyer excited about running and growing your business, not a private equity fund focused on financial returns.
He brings 10+ years of experience growing businesses of all sizes in the technology, real estate, and education industries. Andrew completed his MBA at Northwestern's Kellogg School of Management. He is a marathoner, an improving golfer, and a huge Ohio State Buckeyes football fan.
When not working, Andrew spends his time with family, seeks adventure, and challenges himself to do hard things.
Andrew has a team of investors and operators partnering with him who have led successful businesses.
Institutions and family offices led by entrepreneurs
Our approach and process is streamlined and efficient to focus on you and your business.
Step 1: Intro Conversation & In-Person Meeting
We'll get in touch to explore the opportunity and determine a mutual fit. ​​We'll learn about your business and story and share ours, while also discussing your future goals and plans. When possible, we'll meet in person to get to know each other better.​
Step 2: Letter of Intent (2-4 weeks)
If we both want to proceed, we'll sign an Non-Disclosure Agreement (NDA) and request some basic financial and business information to provide a ballpark valuation. We will then detail a set of agreed upon offer terms in a Letter of Intent (LOI). ​​​
Step 3: Due Diligence (6-12 weeks)
After signing the LOI, we will provide a longer request list to complete our evaluation of the business, while also engaging service providers and lawyers. We'll need your help, but we will operate with transparency and engagement throughout the process.​​​
Step 4: Celebrate!
We'll agree to final terms and execute the legal agreements. You'll get paid and Andrew will begin his operational growth journey.​​​
Three Meadows prides itself on being the transition plan for owner's who want something different in a buyer
