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Borgman Capital CEO Borgman says founder-owner transitions often require multiple hires, not single successor

PUBT·09/08/2026 16:49:53
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Borgman Capital CEO Borgman says founder-owner transitions often require multiple hires, not single successor
  • Borgman Capital CEO Sequoya Borgman said the firm reviews about 1,500 targets a year but closes only a small number.
  • Targets lower middle market deals, typically USD 4 million to USD 8 million EBITDA, with transaction sizes roughly USD 3 million to USD 16 million EBITDA.
  • Focus remains on cash-flowing businesses in secondary markets; avoids high-multiple technology or healthcare sectors.
  • Borgman said deals most often collapse when performance drops during diligence or when unaddressed risks surface, including environmental liabilities.
  • He said founder alignment and trust must be established before an LOI; the firm walks away if sellers prioritize price over continuity.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Borgman Capital LLC published the original content used to generate this news brief on September 08, 2026, and is solely responsible for the information contained therein.