Human-Centered Ownership for Businesses Built to Last
We partner with owners and management teams to preserve what works, help create environments where people can thrive, and build enduring companies through patient, engaged stewardship.
What we acquire
Resilience, patience and community
We love straightforward companies with real customers, durable margins, and teams whose knowledge and relationships are part of what the business is actually worth. These are businesses that have earned a place in their communities and can be owned patiently. The companies we pursue tend to share a set of characteristics:
What We Look For
We are particularly drawn to businesses where customers cannot easily defer the service, where skilled employees and institutional knowledge matter, and where growth can build on an already successful company rather than depend on a turnaround.
We believe that the most resilient businesses are built by founders who have prioritized treating employees, customers and suppliers well, and have shown the ability to make thoughtful decisions through different periods of growth.
We seek to work with these founders when they know the business is ready for its next stage, want a partner to help get it there, and would rather spend more of their own time on the work they enjoy most and do best.
ISC can bring capital, leadership support and strategic resources while preserving the autonomy and culture that made the company successful.
How We Own
Operator perspective
Nick Lall built and led three service organizations before turning his focus to lower-middle-market acquisitions. That experience shapes how ISC evaluates people, culture and operations, including knowing when an existing approach is already working well.
Patient ownership
We do not begin an acquisition with a predetermined exit date. We want the holding period to follow the needs and opportunities of the business rather than an external timetable.
Management autonomy and participation
We see retention and autonomy as economic issues as much as cultural ones. Customer relationships and institutional knowledge often reside with the people doing the work, so we look for ways to give strong managers meaningful decision-making authority and participation in the value they help create.
Flexible seller transitions
Every seller wants something different from the next chapter. Some want to remain involved and retain meaningful ownership; others are ready to step away. ISC can structure around either outcome and has a preference for rollover where it creates genuine alignment.
About ISC
Intermountain Succession Capital is an independent sponsor focused on acquiring durable lower-middle-market businesses in the United States. ISC takes an operator-led, long-term approach to ownership, with an emphasis on resilient cash flow, strong management teams and businesses that can compound without requiring a turnaround.
Nick Lall, ISC's Managing Director, has experience scaling service organizations, building and leading teams, and evaluating lower-middle-market acquisitions. He previously led a multi-market services organization and founded and ran a sales-outsourcing business. Nick holds an MBA from INSEAD and a BA from Columbia University.
Have an opportunity that may fit?
ISC welcomes conversations with business owners, management teams and M&A advisers regarding both marketed and pre-market opportunities.