A small business is more than just a business.
It’s taking a risk when others are doubtful.
It’s long hours, challenging conversations, failures, and celebrations.
A small business is the life’s work of its owners.
That’s why we believe small business owners should be able to transition out of their business without compromising their legacy.
Timmerman Capital is a Columbus, Ohio-based investment firm with dedicated capital to acquire privately held B2B companies and help their current owners transition out of the business, or simply to partner alongside them and help scale the business to its full potential.
The businesses we look for:
Industry
B2B Services, B2B SaaS, B2B Value-Add Distribution
Financials
$1M to $10M+ in EBITDA
Geography
Any location within the Continental U.S.
Ownership Structure
Less than three owners.
Owner/Founder led.
Acquisition Strategy
Only interested in taking a majority stake in the business.
Open to CEO staying after acquisition or making a complete exit.
Equity rollover into the new entity, by seller, are welcomed.
Timeline
Interested in a partial or full exit in 2026 or 2027.
Looking to transition out of your business, or looking for a partner to help scale? Schedule a quick chat with us to see if we’re an appropriate fit to help.
About Us
Timmerman Capital is an investment firm that is looking to identify, acquire, and operate existing small B2B businesses; either helping the current owners transition out, or simply partnering alongside them.
We are an entrepreneurial team of four partners with a combined 45+ years in sales, operations, and finance. Between us, we have helped scale a software company through more than 10x revenue growth, managed manufacturing operations at a global materials company, and led a logistics company for more than 15 years and into one of the largest in the midwest. After closing, we work inside the businesses we acquire, alongside their owners and management teams.
Backed by local investors from right here in the Midwest, we are positioned to meet small businesses where they are at, protect what makes them unique, and provide a fresh perspective to drive meaningful and substantial growth through go-to-market motions and streamlining operations.
Current Holdings
Caret helps B2B companies transition to outbound sales and marketing processes that are scalable, predictable, and economically viable.
BSI helps transit, healthcare, education, and childcare organizations find, finance, maintain, and replace their fleets of buses and adaptive mobility vehicles. Based in Columbus, Ohio, and in business since 1979.
Prime-Time Specialty Vehicles (PTSV) builds paratransit, mobility, and shuttle van conversions in Elkhart, Indiana, and sells them through a nationwide dealer network since 2008.
Prior Holdings
Franklin Heating Cooling & Refrigeration has served Central Ohio since 1994, providing heating, air conditioning, and commercial refrigeration service across 25+ cities.
Our Team
Josh Whitt
Partner
Ohio native. Graduate of The Ohio State University (Summa Cum Laude, Theoretical Mathematics), where he wrestled for the Buckeyes, and The University of Michigan (High Distinction, MBA in Finance & Entrepreneurship). Helped grow FMX’s revenue more than 10x, then founded Timmerman Capital in 2022.
Dave Kent
Partner
Graduate of tOSU. CPA and Central Ohio operator and investor. Spent more than 15 years as President of FST Logistics, a Columbus-based transportation and warehousing company.
Randy Languis
Partner
Engineer turned operator. Graduate of The Ohio State University (B.S., Materials Science and Engineering), where he wrestled for the Buckeyes, and Rose-Hulman Institute of Technology (M.S., Engineering Management). Spent a decade at PolyOne and Avient, rising from process engineer to plant manager and earning a Lean Six Sigma Black Belt.
Mike Manuche
Partner
San Diego native. Graduate of The Ohio State University (B.S., Biology), where he wrestled for the Buckeyes and was a three-time Scholar-Athlete. Spent nearly ten years at FMX, rising from its first sales development representative to Senior Vice President of Sales. Co-founded the Conquering Columbus podcast.
Let’s Work Together
We’re currently seeking opportunities to work with and acquire small B2B businesses. If you’re in the process of planning the transition out of your business, let’s connect to see if we might be a good fit to help in your succession planning.