We are an entrepreneurial investment firm focused on acquiring a single small business ranging in $2M - $15M in annual revenue and operating the company long-term. We strive to help businesses reach the next level of their potential by providing both financial support and operational expertise.
We look to primarily invest in stable businesses with existing profitability and opportunities for organic growth and M&A. Our investment gives business owners an alternative model to private equity, while still providing liquidity and an opportunity to transition out of the day-to-day management of the company.
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Progression Investments is backed with equity and credit funding from a diverse group of both institutional and individual investors.
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Who We Are
Transitioning & Building On Your Momentum
Investment Focus
Industry
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High industry fragmentation
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Healthy growth (5%+)
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Early in industry lifecycle
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Recurring revenue models
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Low disruption risk
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Straightforward operations
Company
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Growth opportunities
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Stable source of recurring, repeat, or contractual revenue
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Unique competitive advantage
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Diverse customer base
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Low Cap-Ex
Financial
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$500K -$2M EBITDA
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3+ Years of profitable growth
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Recurring revenue model
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15%+ EBITDA Margin
Circumstance
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Owner is lacking a succession plan and is seeking an exit for non-business related reasons
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Owner wants to step back from day-to- day operations
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Entrepreneur seeking next venture
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Owner is lacking the resources or capacity to continue to grow the business alone and is willing to take on a majority partner
Goals
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Focus on maintaining and building relationships
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Implement industry agnostic best practices to increase operational excellence
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Focus on long-term growth and success of the business
Our Team
Ike Ukawuba
Founder & Managing Principal
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Ike established Progression Investments in pursuit of his dream of building and growing impactful businesses. He has 15+ years of business management consulting experience with expertise in marketing, sales, customer retention, business process improvement, and process automation.
Aaron Blick
Investment Advisor
Aaron has over 10 years of professional management experience and a business development background in multiple healthcare industry spaces. As a partner, principle, developer and entrepreneur, he has successfully started, acquired, expanded and sold over 12 companies in the healthcare industry.
Robert Graham
Investment Advisor
Robert is an investor in multiple other PE deals in the lower-middle market. Previously, Robert was a Vice President at The Sterling Group, a private equity firm that focuses on investments in services, manufacturing, and distribution businesses. He also served on the board of Specified Air Solutions, a $150M diversified manufacturer of HVAC equipment.
Mitch Schneider
Investment Analyst
Mitch studies include Finance, Investments, Banking and Risk Management & Insurance. His background consists of a wide variety of experiences sectors such as Government, Education and Media & Publishing.
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Chris Duffy
Investment Analyst
Chris' studies includes Industrial Engineering with a minor in Business. His professional background consists of experience in the Investor Relations industry covering the technology sector, data analysis, and sales.
Alex Fisher
Investment Analyst
Alex's studies include Finance, Risk Management, and Insurance. His professional background is composed of experience in data analysis, healthcare operations, sales, and entertainment.
Ben Kenagy
Investment Analyst
Ben's studies include Economics with a minor in Computer Science. His professional background includes experience as a private equity analyst focusing on the Technology, Cybersecurity, and Healthcare industries.
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Amirtha Arun
Investment Analyst
Amirtha's studies include Financial Economics and Psychology. Her professional background consists of data analysis, business operations, and experience in the Financial Technology sector.
Ryan Lappe
Investment Analyst
Ryan's studies include Finance, Investments, Banking, Real Estate, and Spanish. His professional background consists of experience in commercial lending, sales, accounting, and client relations covering manufacturing, construction, and landscaping service industries.
Expertise
Marketing
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Digital Marketing Transformation
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Big Data & Artificial Intelligence Marketing
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Paid Search & Social Media Campaign Management
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Video Marketing & Story Telling
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Ad Creative Design & Planning
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Lead Nurturing & Conversion Optimization
Business Process Improvement
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Customer Experience Analysis & Retention Management
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Process Design & Workflow Optimization
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Robotics & Business Process Automation
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Process Standardization & Asset Development
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Operating Model & Organizational Structure Development
Systems Integration
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Solution Delivery Lifecycle Management
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Supplier Due Diligence
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Requirement Planning & Solution Design
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Systems Configuration Management
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Test Planning, Execution & Defect Management
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User Training & Systems Onboarding
Contact
Us
Our Address
790 Royal St. George Dr.
Suite 141
Naperville, IL 60563
Our Phone No.
630-465-5824