Executing HVAC Roll-Up | Texas & Hawaii | Seeking Capital Partner for Deal 1 | $1M Raise
May 07, 2026
by a searcher from Morehouse College in Dallas, TX, USA
Hi SearchFunder community,
I'm the founder of Lawrence Capital, an independent sponsor actively executing a multi-company HVAC and mechanical services roll-up across Texas and Hawaii. I'm seeking one or two capital partners to fund Deal 1 and launch the platform.
THE PLATFORM THESIS
The HVAC services industry is highly fragmented — thousands of owner-operated businesses with aging founders, no succession plan, and no path to an institutional exit on their own. Lawrence Capital is acquiring, operating, and scaling these businesses into a unified platform targeting long-term ownership with an optional $25M–$40M exit to a PE or strategic buyer within 3–5 years.
Multiple targets are identified and in active diligence. Deal 1 is ready to close.
DEAL 1 — OVERVIEW (Confidential — Full Details Under NDA)
- Established HVAC contractor in Texas
- 18+ year operating history
- $1M+ annual revenue
- $342K forward SDE — verified
- 1.98x DSCR on proposed debt structure
- 80% residential / 20% commercial
- No customer concentration
- W2 employee team in place
- Premium manufacturer certification — regional competitive moat
- Seller committed to extended paid GM transition
- Broker actively holding the deal
THE RAISE — $1,000,000
Source 1 — Private Debt ($400K)
- Acquisition loan underwritten on business cash flow
- Business SDE services comfortably at 12% over 7 years
Source 2 — Preferred Equity ($600K)
- 40% HoldCo minority stake in Platform HoldCo LLC
- 10% annual preferred return on invested capital from Day 1
- Minority board seat and standard protective provisions
- No forced sale — any exit requires majority member consent
INVESTOR LIQUIDITY — THREE PATHS
This structure offers flexibility for investors who want income, a buyout, or a full exit:
1. Operator Buyout (Year 3+) — Operator exercises right to purchase investor stake at fair market formula. Clean exit, no PE required.
2. Platform Sale — If and when operator elects to sell, investor receives 40% of proceeds. At $25M–$40M exit that's $10M–$16M on $600K invested. Requires majority member consent — no forced sale.
3. Perpetual Distributions — Investor receives 40% of all platform income indefinitely. At full platform build-out that's $200K+/year. Capital fully recovered by Year 3. Pure profit every year after.
USE OF FUNDS
- Acquisition cash at close: $550,000
- Platform operator salary Year 1: $120,000
- Deal originator salary Year 1: $180,000
- Deal 2 reserve: $75,000
- Legal & formation: $15,000
- Operating buffer: $60,000
WHAT YOU GET AS AN EARLY PLATFORM INVESTOR
- Ground floor entry into a fully staffed multi-company roll-up
- Passive preferred return from Day 1
- Three flexible liquidity paths — buyout, sale, or perpetual income
- Two dedicated operators — deal origination and platform management covered
- Active pipeline — Deal 2 and Deal 3 already in diligence simultaneously
By end of Year 1 platform cash flow self-funds all operations. The raise is fully deployed and the platform stands on its own.
Full investment memo, financial models, platform projections, and deal-level diligence package available under NDA.
If you are a private lender, family office, HNW individual, or ETA co-investor looking for a platform play with strong cash flow and flexible exit options — let's talk.
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from Massachusetts Institute of Technology in Portland, OR, USA