Investment Capital Firm Seeking New Acquisitions in South Florida
Steve Gustafson, CEO of Chester Creek Capital, to meet with established businesses ready to sell
MIAMI, June 16, 2020 /PRNewswire/ -- In a move for warm weather and sunny days on the water, Mr. Steve Gustafson, CEO of Chester Creek Capital, has relocated his successful midwestern-based corporate acquisition firm to South Florida. Previously a resident of Minneapolis, Minn., Gustafson and his wife were ready for a change. After considering many options, from the West Coast to international locales, the pair ultimately settled on a waterfront home in the Miami Shores neighborhood.
Gustafson's successes in purchasing, building, growing, and selling enterprises within the Chester Creek Capital portfolio have afforded him the opportunity to be both flexible and discerning in this next chapter of his life and career. Recent success includes growing one acquisition's sales by 500% and profits by 700%.
In South Florida, Chester Creek Capital is currently seeking its next acquisition based on the following criteria:
- Preference is to invest in technology, service, or light manufacturing industries
- Ownership interest for majority control
- Investment horizon of 10+ years
- Ideal candidates have $5 million in revenue and $1 million dollars in EBITDA
"We've built our business on making strategic decisions in which we see the potential to not only grow the company we've purchased, but also keep the legacy of the founders intact whenever possible," said Gustafson. "I look forward to meeting with South Florida entrepreneurs and determining what our next acquisition will be."
To learn more about a potential purchase of your South Florida business, visit connect.chestercreekcapital.com.
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SOURCE Chester Creek Capital
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