Novastone Capital Advisors

About Novastone Capital Advisors

Small and medium-sized businesses are the lifeblood of the global economy, but an increasing number of SMB founders are looking to retire. New leadership is needed for these companies to continue to thrive for years to come, yet not all family businesses have someone from the next generation ready to take over, nor do they find selling to traditional PE groups as an attractive option. We believe that our Operator-Led Search Fund Model provides the optimal solution to succession by ushering in the next generation of leadership focused on continuing the vision and legacy that SMB owners deeply cherish.

Novastone Capital Advisors (NCA) is a global firm that solves succession challenges faced by small to medium-sized businesses (SMBs) through our Operator-Led Search Fund Program. We closely partner with experienced, mid-career operators with deep industry knowledge to identify, acquire, and grow privately held companies across the U.S., Canada, and Europe. Our carefully selected operators serve as the optimal solution to succession by providing the next generation of leadership and ownership for SMBs. With a team of 40+ full-time employees, over 100K direct connections with business owners, and a training curriculum led by top business school professionals, NCA is meticulously crafted to institutionalize the “traditional” search fund model. Since its inception in 2019, we have overseen 24 acquisitions totaling over $410 million in enterprise value with equity investors and lenders. This success is a testament to the firm's ability to attract and empower best-in-class, mid-career professionals to acquire and grow family-owned businesses, particularly those facing succession issues.

WebsiteLinkedIn