PAGUTIAN HOLDINGS / REAL ESTATEREAL ESTATE INVESTMENT & DEVELOPMENT
When we acquire a business, we install our operating infrastructure and run it for the long term. Our sellers don't get a financial sponsor — they get a successor.
No re-trading. No hand-offs. No fund with a 5-year exit clock. We buy and we stay.
WHY INVEST WITH PAGURIANREAL ASSETS. REAL RETURNS.
Acquisition CriteriaWHAT WE'RE
LOOKING FOR.
EBITDA$1.5M–$5M
3+ years consistent. No turnarounds.
Ownership60–100%
Majority control. Seller rollover encouraged.
Enterprise Value$6M–$20M
3–5× entry multiple target.
Customer Conc.<20%
No single customer over 20% of revenue.
GeographyWestern U.S.
CA, AZ, NV, OR, WA preferred.
Hold PeriodPermanent
No fund. No exit mandate.
The Right FitWHO WE
BUY FROM.
We are looking for owner-operators who have built something real and are thinking about what comes next — whether that's retirement, succession, or simply finding the right long-term partner for the business they've built.
We are not the right buyer if you're optimizing purely for the highest valuation. We are the right buyer if you care about what happens to your employees, your customers, and your reputation after you exit.
The businesses we target tend to share a common profile: fragmented industry, locally dominant, recession-resilient, with strong recurring revenue and an owner who has been the key driver of growth. That last part is fine — we have the operational infrastructure to absorb key-person transitions.
For Brokers & IntermediariesWe move quickly on deals that fit our profile, maintain confidentiality throughout, and do not re-trade. If you have a client in our target range, we'd welcome a brief conversation before you go to market — or during.
For Sellers & BrokersWHY
SELL
TO US.
We respond to every serious inquiry, move fast, and keep conversations confidential.
01
Deal with the principal
James is the buyer, operator, and person you talk to post-close. No associates, no hand-offs, no process teams.
04
No exit mandate
We are a holding company, not a fund. Businesses we buy become permanent portfolio assets. No 5-year clock.
02
No re-trading
We sign an LOI and we close it. Diligence is not a negotiating tool. Our reputation depends on certainty of close.
05
Operator credibility
We run services businesses and real estate today. We understand operations — not learning on your customers' time.
03
Seller notes welcomed
We actively structure seller financing as part of the capital stack. It aligns incentives and often bridges valuation gaps.
06
Equity rollover option
Sellers can roll 10–20% of equity alongside us. This is partnership, not a payout and goodbye.
Advisory TeamADVISORS &
PARTNERS.
JAMES WRIGHT
Founder & Principal
Operator and investor with 15+ years across aerospace manufacturing, commercial real estate, and services businesses. Contributed to $300M+ in aerospace enterprise value through Jim Downey's family office. Leads all deal sourcing, underwriting, and post-acquisition operations across Pagurian's portfolio.
GREG MUMPOWER
Aerospace and defense executive with two decades leading complex organizations. As GM with full P&L oversight, led five divisions through major operational transformations — delivering lasting improvements in revenue, customer satisfaction, and profitability across the aerospace and defense sector.
Special Advisor — Head of Production, AndurilLIZ ELERT
Branding expert with 25+ years shaping some of the most recognizable consumer brands. Led creative departments and brand strategies for SugarBear Hair, The Honest Company, Target, Victoria's Secret, Limited Brands, Gap, and Old Navy. Today consults as Chief Brand Officer, helping emerging and established brands refine their presence and connect authentically with their audiences.
Marketing Consultant — Fortune 500 CMO, Limited · Honest Co · TargetDAN MORRIS
Co-founded SugarBear Hair in 2015, growing it to a nine-figure valuation and profitability before taking outside capital. Made a partial exit in 2021 to Meaningful Partners and Nexus Capital Management. Now focused on private investing in consumer brands and commercial real estate.
EIR — Entrepreneur (Exited), DTC & eCommerceEMAD HASAN
Entrepreneur and AI/ML leader with 6+ years founding and scaling venture-backed SaaS platforms, including a 50-person company serving Fortune 500 clients. Has advised multiple $1B+ eCommerce startups. Former roles at Meta and PayPal. YPO AI/ML Sub-Network Vice Chair. MBA UCLA Anderson, MEng RPI.
Technical Advisor — Product Lead, Amazon AI & Agentic Ads