Succession Realized
Capital and management to acquire a small-to-mid-sized business in Greater Vancouver
What we do
Based in Vancouver BC, we are seeking to acquire and operate businesses in BC with stable profitability and annual cashflow of $0.4M - $2M.
We are not passive investors. As experienced acquirers and operators, we are focused on opportunities that would benefit from hands-on ownership.
What you can expect from us
Speed & Flexibility
We move quickly. We are serious and ready to transact with no committees.
Respect for your legacy
Employees and customer relationships are the heart of most businesses we look at.
"Forever ownership"
We intend to own our businesses indefinitely, not flip them.
Dedicated owner-operator
One of our small team can step as full-time day-to-day management.
Experience
Experience in acquisitions and in day-to-day management of sizeable businesses.
Integrity
No games. We do what we say, and say what we do.
What we look for
We are looking for a business with at least some of these characteristics.
Financial
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Profitable and stable. No start-ups or turnarounds.
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$1.0M - $20M revenue
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$0.4M - $2M cashflow or EBITDA
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3+ years positive cashflow
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Low to moderate ongoing capital expenditures
Situation
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Headquartered in Greater Vancouver
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Ownership looking to exit all or most of its stake
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Diverse customer base
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Recurring revenue
Industry
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We are generally industry agnostic, though are not interested in heavy industry or advanced manufacturing.
Team
Spenser Rocky
Owner-Operator
Spenser created Rocky Capital Management to invest in BC-based small business, providing BC business owners with a flexible exit option.
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In May 2022 Rocky Capital made its first acquisition, acquiring strata property management firm C&C Property Group. Spenser has been the owner/operator of C&C since then.
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Spenser has prior experience as Director & GM of Parkland Fuel's cardlock (truck stop) business, a division with $50M of EBITDA and 20,000 customers. He previously worked on Parkland's Corporate Development team, where he had a leading role on six acquisitions ranging from $5M to $1.6B.
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He also previously worked in CIBC's mid-market commercial banking group, first as a loan analyst then an account manager, lending $1-5M to small businesses in BC's Interior.
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​Spenser grew up in Richmond, BC where he now lives again after 12 years away. He and his wife have four children and have weekends full of soccer and baseball practices, which he helps coach.
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Spenser holds a Bachelor of Commerce from the University of British Columbia.
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In his free time, Spenser assumes one of the kids is getting into something they shouldn't be.