Kilroy Legacy Partners

Trust. Transparency. Flexibility.Selling a business is hard. Selling a legacy is harder.

Our Focus

Kilroy Legacy Partners seeks a great business no matter the industry. We examine a range of characteristics that determine if we are the right fit.The most important factor is you.We will do everything we can to make sure are aligned on the future of your business - and preserving your legacy.

✓$1M+ in annual Cash Flow / EBITDA
✓10% minimum EBITDA margin
✓Limited working capital, seasonality, or cyclicality
✓Mission critical product or service
✓Low customer churn and concentration
✓Strong and collaborative team culture

Essential Services

We look for companies delivering B2B services that are essential to their communities and resilient in the face of business cycles and disruption.

Enduring Profitability

Great companies have great customers. We seek companies with a history of profitable growth and loyal customers.

Aligned Values

Whether you are looking to retire or move on to your next chapter, we want to partner with owners who care deeply about finding the right successor.Kilroy Legacy Partners will treat your employees, customers, and neighbors with the same care and respect you always have.

David Kilroy is the Founder and Principal of Kilroy Legacy Partners.

About

Why am I launching Kilroy Legacy Partners? I have seen firsthand what happens to a community when a major employer shuts their doors with no succession plan.To me, there is no greater professional purpose than being in service to others through business.

My background covers functional expertise and leadership positions. I have been responsible for recruiting and directing high-performing teams; engaging boards, civic organizations, and elected leaders; managing budgets and complex programmatic partnerships; and ensuring financial compliance with multi-million dollar federal grants.I have also supported small business transactions that ensured legacy transitions.I am an Eagle Scout, an Appalachian Leadership Fellow, a former Chamber of Commerce president, and I earned my MBA from the Yale School of Management.

Our Process

01. Intro Call+
Initial call to get to know each other, hear your story, learn about your company, and understand your goals for your business.
Desired Outcome: Determine if we are a good fit
02. Initial Diligence & Preliminary Offer+
If we both wish to continue, we will sign a non-disclosure agreement (NDA) and ask for access to basic financial information on your company. We will focus on better understanding your business and arrange for an in-person meeting.

All information shared will be protected and kept confidential under the NDA.
Desired Outcomes: Presentation of a non-binding indication of interest (IOI)
03. In-person Meeting+
I will come visit you on your home turf to better understand your business and help explain next steps and requirements for the due diligence process.
Desired Outcomes: Learn more about your business, future plans, and each other.
04. Letter of Intent (LOI)+
We will agree on terms of the transaction with a goal to solidify price and structure that is favorable for all stakeholders. As needed, we will explore debt and potential seller financing if appropriate.
Desired Outcome: Agree on price and key terms
05. Due Diligence: 60 - 90 days+
Due diligence involves a thorough review of your company's financial history, operations, and team. I will hire advisors to help me better understand the legal, accounting, and technical aspects of your business.

Throughout the due diligence, we will meet regularly to discuss questions, specific deal details, and build a successful transition plan.

This is often a complex and time-consuming process, during which I promise transparency, efficient communication, and empathy.
Desired Outcome: Finalized diligence, purchase agreement, and transition plan.
06. Close and Celebrate!+
On the closing day, we will finalize legal agreements, transfer funds, and celebrate the start of a new chapter!
Desired Outcome: Close the deal and start transition

Contact Us

While serving as president of my local Chamber of Commerce, I spoke with owners who wanted to retire, but had no succession plan.We are looking for a single great business. If you think you might be a fit, please contact us. I personally promise discretion and transparency at every step.Thank you for taking the first step towards a successful journey together.

Thank You

We value your privacy and look forward to connecting.