Alessio Baraldi and Dmitri Ivanov, two Brooklyn, N.Y.-based entrepreneurs and co-presidents in the private investment fund Albaron Growth Partners, have a rather unusual goal: to acquire a single company valued between $5 and 50 million, which they will then operate as principals.
Baraldi and Ivanov founded Albaron with a simple premise: a growing number of small-company owners are looking to retire or step back from day-to-day operations but do not have a natural successor nor want to sell to a competitor. The equity company would take over the business and grow the business at a manageable pace, building upon its legacy.
Search Fund Firm Seeking to Invest In Small Business
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