Zerix acquires essential trades businesses from retiring owners at small-business prices, consolidates them into one professionally run national company, and sells that company to a private equity buyer at institutional multiples. Investors participate deal by deal.
A large share of America's trades businesses are owned by people approaching retirement, and most have no successor. Good businesses are closing for lack of a buyer, not lack of demand.
Plumbing, HVAC, electrical and similar trades are licensed, physical and local. Software does not fix a boiler. As fewer people enter the trades, pricing power rises.
Owner-operated trades businesses change hands at low single-digit multiples of earnings. Consolidated platforms with professional management sell to private equity at several times that.
Established, cash-flowing businesses with employed crews, bought directly from owners with flexible structures that keep our cash outlay efficient.
Every business joins one national brand. Local reputation stays; the brand, marketing and customer experience become consistent.
Shared finance, dispatch, purchasing and management. Margins improve, reporting becomes institutional-grade, and the group reads as one company.
The combined company is sold to a private equity buyer. Proceeds flow to each deal's investors and to owners who rolled equity.
Zerix does not run a blind pool. Each acquisition is funded through its own special purpose vehicle (SPV). You see the business, the financials, the structure and the terms before you commit, and you choose which deals to join.
Zerix LLC, a subsidiary of Level Zero LLC, sources, negotiates, structures and operates every acquisition. Investors hold their interest through the deal SPV, which in turn holds its share of the consolidated company at exit.
You receive a memo on each qualifying acquisition: the business, the numbers, the structure, the risks and the expected hold.
Subscribe to the SPV for that deal. Minimums, terms and fees are set out in the SPV documents.
Performance of the business and the wider platform, reported quarterly, with direct access to the Zerix team.
On the platform sale, or an earlier liquidity event, proceeds are distributed to SPV investors in line with the SPV terms.
We would rather buy three well-run $700K businesses on good terms than one $3M business at a competitive auction. Smaller targets, less competition, cleaner integration.
Plumbing, HVAC, electrical, septic, roofing, commercial cleaning, pest control, elevator service.
Established businesses with a track record, below the size where private equity competes for them.
Proven demand and a crew that runs the work. We buy the business, not the owner's own labour.
Succession-driven sellers across all 50 states. Motivated sellers, flexible terms.
Tell us who you are and we will send the Zerix platform overview and add you to the list for upcoming deal memos.
We will be in touch shortly with the platform overview.
This page is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security. Any offer will be made only to qualified investors through the definitive documents of the relevant special purpose vehicle, which will contain a full description of the investment, its terms and its risks. Past performance is not indicative of future results. Investments in private companies are illiquid and involve a risk of loss, including loss of the entire investment.