Interviews with Long Horizon Partners

Horizon Search Podcast with David Lovejoy

David Lovejoy | 8/3/2023

Key Quotes

The Impact of Small Businesses: "So my godfather had a small restaurant. My older brother, as I mentioned, has started his own real estate brokerage firm. And so we know the impact that a small business can have in one's life and in the community and in people's careers." 00:07:57-00:08:13

Learning from the Field: "I think it was the first time that I realized that when you're sitting on a desk, and you're designing something, or you're coming up with ideas, you can never truly appreciate how hard it is to implement those ideas. Until you go down to the factory shop like I had to do and talk to the people, the operators in the factory and really understand that your drawing doesn't make sense or the sequence of assembly that you put together. It's not feasible." 00:18:11-00:18:35

Growing Leaders: "The most exciting thing about leadership to me is seeing people grow." 00:25:00-00:25:04

Interview with the New York City MBA Alumni Club

Check out the full interview by clicking here.

Tell us about Long Horizon Partners and its mission

We are two friends with deep experience in engineering, operations, strategy and investing. We have partnered with a strong group of institutional and individual investors to acquire a majority stake and be fully dedicated to running and growing a single business for the long term.
Our mission is to help one small business owner achieve the succession plan they deserve. This includes offering a fair exit for the true value of their business, implementing a responsible transition plan, being fully dedicated and bringing world-class governance to uphold their legacy for the long term. 

How are you different from private equity or a strategic buyer?

As opposed to a private equity acquirer, we will be fully dedicated to running a single business, and we have true long-term focus. We would love to run the company for the rest of our careers, so we will make decisions to enable responsible, sustainable growth and to preserve the founder’s legacy. Differently from a competitor, we will prioritize preserving the company’s legacy, rather than integrating it into a larger operation. 

What if a small business owner still wants to capitalize on the company’s growth or stay involved in the operations? Is LHP still a good fit?

Yes! We are flexible and open to structures that allow the owner to capitalize on the future growth of the company and stay involved. This could mean retaining a minority stake or working alongside us to operate and grow the business.