Experienced PE buyers/what workarounds have you used to buy MBE/Vet/WBE

Recently I came across 5 brokers who tried to assure me that they have experience in selling these firms to PE/or PE backed corporate buyers. When probed in, not much except that 'retain the majority shareholder at $1'
While that sounds theoretically right but I am unconvinced that PE will take that route now or ever.

Inviting PE firm participants on this post to share their opinions and real-time experience, not hypothesis. I have more hypothesis and B-school assumptions than I can add in this post.