Lower middle market · Nationwide

Sell-Side M&A Advisory for Owner-Operated Companies

We built companies, ran them, and sold them to private equity. Now we run that process for other owners.

Waxhaw Capital Group is an M&A advisory firm for owner-operated companies in the lower middle market. We aren't career bankers.

Why owners choose WCG

Six things we do that career bankers don't.

01

Secret shopping the market

We anonymously market your deal, first. You learn what buyers will really pay before you commit to a process.

02

Buyers you won't find in a database

We know about a hundred buyers who are actively looking right now. Most of them aren't in any database. Getting the right ones in the room at the same time — that's the whole job.

03

Modeling future value

Buyers pay for the future they can see. We build the materials around your pipeline, market, and margin — today and tomorrow.

04

One buyer is not a process

The highest price comes from competition. One buyer isn't a process, it's a negotiation you're losing.

05

Your team is part of the deal

We push to protect the culture that made the business work. This is the part owners lose sleep over.

06

After-tax proceeds, not headline price

An F-reorg — a way of restructuring the company before a sale so the buyer gets a clean tax basis — can be worth more to you than another half-turn on the multiple. We solve for what you keep.

0+
Transactions completed
0
Industries
3–10
Bidders per process
0+
Active buyer relationships

Managing Partners

We've sat on your side of the closing table.

David Dygowski, Managing Partner of Waxhaw Capital Group

David Dygowski

Managing Partner

David built and sold companies in the trades, not just advised on them. He founded Crawl Space Brothers and grew it from a startup into one of the fastest-growing foundation and crawl space companies in the Southeast before selling to a private-equity-backed strategic acquirer — a transaction he structured as an F-reorganization with rollover equity, the same structure he now builds for the owners he works with.

He has met the payroll, run the trucks, and sat on the seller's side of a closing table. He knows which add-backs survive diligence and which ones cost a seller a turn of EBITDA.

Aaron Caddel, Managing Partner of Waxhaw Capital Group

Aaron Caddel

Managing Partner

Aaron founded, operated, and exited three companies across the blue-collar trades and hospitality. He knows what the week before closing feels like, because he's been the one signing.

Having built and sold operating businesses himself, he runs a sale process the way an operator does: around what the business actually produces, and what the owner actually keeps.

Get a real number

Request a confidential valuation read.

Call David. He'll give you a real number, and if this is the wrong year to sell he'll tell you that instead.

Everything you submit is confidential and is not shared. We sign an NDA before you share anything sensitive.

Sent directly and confidentially to david@waxhawcapital.com. If your browser can't send it, an email opens in your own mail app instead.