High Line Advisors (HLA) is a small team of M&A and industry professionals working exclusively with business owners of mission-critical trades & services businesses.

We typically work with companies doing anywhere from $5 million of revenue up to $100 million, but we have no mandate that restricts us to any range.

The businesses we work with typically have three common attributes:

1. They’re businesses that fit the ‘mission critical’ description: industrials, infrastructure, trades, manufacturing, commercial services, and other companies operating within the ‘built’ economy.

2. They’re looking for their next strategic chapter – an outright sale of their business or a partial sale to a capital partner to accelerate growth to the next level.

3. They’re not looking to work with a broker or banker (i.e. they don’t want to be marketing their business and they don’t want to pay a retainer or commission).

This is the intersection where HLA operates.

Our team has worked on the private equity side, as investment research analysts, and now as advisers, coupled with deep domain expertise developed over years of working with business owners in a wide range of industries. We know the business of selling businesses as well as what makes you as an owner-operator tick.

We also understand that most business owners aren’t especially thrilled to sign a contract with a broker and go out to the market to try to sell their business, and we understand why. It’s an expensive drawn-out process that rarely results in the optimal outcome for owners.

Because of our long-standing relationships with a vast number of buyers & investors across the country, our model reduces owners’ expenses to zero while making multiple high-quality introductions to all the buyers that any broker would, but ones vetted by our team.

Owners get the same exposure and introductions to buyers, with none of the costs, because buyers pay our commissions, not the owners.

It’s a win-win for everyone involved.

So that’s the business model, but why are we so focused on Trades & Infrastructure?

The United States is entering a period of rapid change, with multiple forces coalescing in simultaneous parallel:

1. Aging infrastructure requires significant upgrades to support current societal demands & baseline growth.

2. The next technological revolution (LLMs & heavy compute, AI, EVs, etc.) requires a significant build of power and foundational infrastructure including data centers and tangential services and operations.

3. The shift to nuclear (including SMRs) + smart grid tech that allows renewables to actually work with the grid, as opposed to burdening it.

4. Deglobalization, reshoring of critical infrastructure/national security manufacturing, and protectionist policies/tariffs/trade war.

Any one of these forces in isolation would warrant a deep-dive investment thesis.

But when you look at all these elements coming together at once, it’s clear that in order for the US to stay competitive in an increasingly multi-polar and hostile world, its backbone, the infrastructure of the country, is going to need a serious upgrade.

The business owners we work with, in one way or another, are helping to affect this change.

And the buyers we work with are the firms investing alongside these companies.

Reach out to us if you’d like to have a conversation.

—

Tim Purcell

Managing Partner

High Line Advisors

P.S.

If you’re interested in working together, reach out, and let’s have a discussion.