Our Investment Process

What to Expect

We respect your time and the sensitivity of succession planning.
Here’s how we work with founders from first call to close.

Confidential Introduction

A 30-minute call to learn about your business, your goals, and your timeline. No financials required. Just a conversation.

Day 1

Preliminary Review

If there’s mutual interest, we’ll request basic information (P&L, organizational overview) to assess fit. We respond within 5 business days.

Week 1-2

Letter of Intent

For businesses that meet our criteria, we present a non-binding Letter of Intent outlining proposed terms, structure, and timeline.

Week 3-4

Due Diligence

A collaborative 45-60 day process. We work alongside you – not against you – to verify information and finalize terms.

Week 5-12

Close & Transition

Flexible transition arrangements based on your needs. Many founders stay involved; others prefer a clean exit. We support both.

Week 12-16

Typical Timeline

90–120 Days

From first conversation to close

Frequently Asked Questions

Questions Founders Ask

What happens to my employees?

We invest in people. In most cases, existing teams stay in place and benefit from additional resources, training, and growth opportunities. We do not acquire businesses to cut costs.

Will you change my brand name?

We invest in people. In most cases, existing teams stay in place and benefit from additional resources, training, and growth opportunities. We do not acquire businesses to cut costs.

How long do you hold businesses?

Indefinitely. We are not a fund with a forced exit timeline. Our goal is to build lasting value, not flip assets.

Do I have to leave immediately?

No. Transition arrangements are flexible. Some founders stay for 6-12 months; others remain involved for years. Some prefer to exit cleanly. We structure deals around your preferences.

How is this different from private equity?

Traditional PE often optimizes for financial engineering and quick exits. We are operators. We make money by making businesses better – not through leverage or cost-cutting.

STEELBAY

Acquiring and operating premier health & wellness businesses in Florida. A digital family office approach to private equity.

Offices

West Palm Beach, FL

Miami, FL

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