Hive Industries is composed of two entrepreneurs who are looking to purchase and run a stable company with great growth potential. At Hive Industries, we believe our value add to your company differentiates us from other potential acquirers on two important areas:
Our purchase model
Our team.
Our Purchase Model
When considering who is acquiring your business, it is important to understand the difference between different types of entities. From Private Equity (PE) firms, to conglomerate competitors, there are stark differences among the different purchasing models that make Hive Industries a unique proposition. Hive Industries is ideal if you care deeply about your company, your legacy, and your employees. Unlike PE firms and large faceless competitors who will view your company as a synergistic cost-saving opportunity to grow with significant cost reductions in the form of layoffs and cutting brand identities, we will be directly involved in running your company to ensure your unique identity and legacy are preserved as we look for ways of expanding on your original vision.
For a summarized view of the differences between PE, Competitors, and Hive Industries please see the table below.
| Hive Industries | Private Equity | Competitor | |
|---|---|---|---|
| Legacy | Maintain your employees, relationships and brand while focusing on continued growth | Looks for short term cost cutting improvements | Often folded into aqcuiring company with limited to no brand continuity |
| Post Trasaction Management | 100% of our time and effort focused on running and building the business | Your business is one of many and most take board level ownership | Your business is typcically one of many |
| Funding Sources | Committed capital from a network of successful entrepreneurs and investors | Debt and equity from large investors (Pension funds, endowments, foreign wealth funds) | Company cashflows or outside corporate financing |
| Likely Deal Terms | Customizable and flexible to meet seller's needs, will include some seller financing or earnout | Highly levered with high structured terms focusing on maximizing 3-5 year returns | Parent company rigidly decides outcome |
| Goals | Build a long-term growing business, potentially for decades | Provide 25% plus ROI over 3-5-year time horizon | Improve the parent company profitability or strategic position |
our team
Unlike many passive funds, we are operators first and foremost with the resources to close a deal quickly. We have spent our careers developing operating experiences that have helped small and large companies increase revenues and cut waste. We have experience managing teams of over 100 people, handling budgets of tens of millions of dollars, fighting operational fires that risked the future of a company, and have been leaders within divisions that have grown over 200%.
“ When I reflect back on what I enjoyed most in my early career it was dealing with operational challenges, fighting fires and motivating a team. Running a small business will let me do what I am passionate about. ”
Reflecting on moments that define us, Alan remembers responding to the impact of COVID-19 at Apple, with one of the world’s largest supply chains, and Carlos recalls having to go into crisis mode when a $10M order was shipped with substantial defects. Operations is what we are good at and more importantly it's what we love to do.
“To me, owning and operating a company is the ultimate alignment of doing what I love, together with what I can add value, while helping solve real problems. ”
We have rounded out our operational skill set through our time at Harvard Business School where we learned the importance of culture and strategy. This combination of experience, skills and hunger is perfectly suited to owning and operating a small business. We will bring our passion and experience to your company, building on and continuing your hard-fought legacy.
Give us a call to see how we can help cement your legacy.
