I do not have a contractors license but am interested in purchasing a company that would require a GC license. The requirements vary by state but my understanding is that I will be compliant as long as I have employees that have the correct licenses. The risk is if I lose key employees that have the required licenses. I would love to discuss with anyone that has been down this path.

To provide a bit more context, this opportunity is a small home builder where I would be taking a majority equity stake. One of the partners has the required license but I do not want to be reliant on one person. Would like to know what other options are available.