Operators Investing in Operators
Niche Markets. Real Cash Flow. No Hype.
At FRB Holdings, we partner with small to mid-market businesses where stability, legacy, and relationships matter. We seek companies with $1–10 M in EBITDA, established cash‑flow histories, and leadership teams aligned with long‑term growth—typically in niche or underserved industries poised for a smooth ownership transition.
Underserved or Overlooked Markets
We invest in businesses serving stable, often overlooked end markets—where relationships and reliability matter more than flash or hype.
EBITDA Range
Seeking companies with $1M to $10M in EBITDA and a track record of consistent cash flow.
Ownership Transition
Ideal candidates are founder- or family-owned businesses considering succession or liquidity, ideally with existing leadership staying in place post-transition.
Durability Over Trendiness
We avoid chasing the latest fads. Instead, we look for businesses that have stood the test of time and will continue to do so.
Capital-Efficient with Strong Free Cash Flow
We seek businesses that generate strong free cash flow with low capital intensity—where minimal ongoing CapEx allows reinvestment into growth, not maintenance.
Established Customer Relationships
We look for companies with long-standing customer relationships—often built on trust, reliability, and recurring engagements that signal enduring value.
Cultural Fit
We invest in businesses that value integrity, transparency, and continuity for employees and customers.
Operational Maturity
Looking for businesses with strong teams, defined processes, and infrastructure ready for scalable growth.