BUSINESS SERVICES
Private Equity for Business Services Companies
FCL is a private equity partner to founders of business services companies that provide essential, repeatable value to their customers. We invest in businesses with strong customer relationships, recurring or repeat revenue, and opportunities where private equity can accelerate growth through operational improvements and strategic acquisitions.
Our focus is on partnering with management teams to build durable, scalable platforms while preserving the culture and relationships that made the business successful in the first place.
Subindustries
Building & Property Services
Companies providing essential maintenance, inspection, repair, and outsourced services to commercial and residential customers, often supported by long-term contracts or repeat service relationships.
Education & Training Services
Providers of workforce development, certification, and professional training services serving corporate, institutional, or regulated end markets.
Environmental Services
Businesses delivering regulated or mission-critical services such as waste management, remediation, testing, or compliance, where reliability and operational execution are critical.
Industrial Equipment Rental
Asset-light or asset-backed businesses supplying mission-critical equipment and services to industrial, construction, or infrastructure customers.
Asset-light logistics, brokerage, or specialized transportation service providers with recurring customer demand.
Marketing & Information Services
B2B service providers delivering recurring, data-driven, or outsourced marketing, research, or information services to niche customer segments.
Specialized Professional Services
Founder-led firms providing technical, compliance, advisory, or outsourced services where expertise and client relationships drive long-term value.
Staffing
Businesses offering specialized staffing, workforce solutions, or outsourced labor in sectors with persistent demand and defensible customer relationships.
Testing, Inspection, and Certification
Companies supporting safety, compliance, and quality assurance across regulated industries.
Utility & Infrastructure Services
Providers supporting maintenance, inspection, and outsourced services for critical infrastructure and utility systems.
OUR FOCUS
What We Look For
We focus on business services companies with characteristics that support long-term value creation, including:
Strong reputations and durable customer relationships
Recurring or repeat revenue models with high customer retention
Healthy margins that allow for reinvestment and growth
Opportunities for add-on acquisitions or geographic expansion
Founder transitions, succession planning, or partial liquidity needs
We are flexible in deal structure and work collaboratively with founders to align around shared goals.
VALUE ADD
How FCL Helps
FCL partners with founders of business services companies to help professionalize leadership, strengthen teams, and scale sustainably. Our Value Creation Platform focuses on the operational, financial, and people-related levers that matter most in founder-led service businesses — especially during periods of growth or transition.
Buy & Build Execution
We help business services companies expand through strategic add-on acquisitions that strengthen geographic reach, service offerings, and customer concentration. FCL leads target identification, diligence, deal structuring, and post-close integration so founders can scale without disrupting day-to-day operations.
Sales and Revenue Growth
We work with management teams to improve sales processes, pipeline visibility, and go-to-market execution. This includes refining customer segmentation, strengthening pricing discipline, and building repeatable sales systems that convert more opportunities into predictable revenue.
Pricing & Margin Improvement
Service businesses often underprice their value. We analyze pricing models, contract structures, service mix, and customer profitability to unlock margin expansion while maintaining client trust and long-term relationships.
Operational Efficiency
We help professionalize operations by clarifying roles, improving accountability, and implementing scalable processes and reporting. This includes introducing KPI discipline and financial visibility that allow leadership teams to make faster, more informed decisions as the business grows.
Leadership Support
Strong leadership and the right team are critical to scaling a services business — especially when founders plan to step back over time. FCL supports leadership transitions, succession planning, and talent strategy to ensure the organization is positioned for long-term stability and growth. This includes advisory support around leadership structure, key hires, retention, and alignment as the business evolves.
WHY FCL
Why Founders Choose FCL for Business Services
Founders partner with FCL because we combine institutional private equity experience with a hands-on, founder-aligned approach. We understand that many business services companies are built on trust, relationships, and reputation — and we work to protect and strengthen those assets.
Whether a founder is seeking partial liquidity, a succession solution, or a long-term growth partner, we structure investments to align incentives and support continuity. Our goal is not a quick flip, but the creation of a stronger, more resilient business.
Considering a transition or
thinking about the next stage of growth?
Book a confidential call to discuss your leadership, growth, and succession priorities.