Est. Atlanta · MMXXIV
We acquire and build companies in healthcare, B2B services, and trade schools.
Operating Partners
We bring operators, not just capital.
We are not financial buyers who install a dashboard and wait. Every business we back is supported by an operating partner, an executive who has built and run companies in the same sector and works hands-on with you and your management team.
The structure flexes to what you want. Some owners take liquidity and stay to grow the business with us, keeping meaningful equity in the next chapter. Others want a clean exit, and the operating partner carries the continuity. Either way, we build on the culture and people that made the business worth backing. A proven operator on a proven playbook is a different risk than a thesis on a spreadsheet.
Investment Criteria
What we look for.
- Model
- Independent sponsor, deal by deal. No fund clock.
- EBITDA
- $2M to $10M at entry. Proven, cash-flowing, with a multi-year track record.
- Valuation
- Roughly six to eight times EBITDA. Proven earnings at prices that make sense.
- Sectors
- Healthcare services, B2B services, and trade schools. Durable and cash-flowing.
- Stage
- Founder or operator owned. Transitions, family successions, and carve-outs.
- Hold
- Long term. We compound businesses, we don't run a fund clock.
- Geography
- United States, Southeast preferred.
Principal
Christien Louviere is the Managing Partner of BDE Capital, a lower middle market acquisition firm investing in durable, cash-flowing companies in healthcare, B2B services, and trade schools. He partners with owners and management teams for the long term, bringing operating support rather than a fund clock. He is based in Atlanta.