Rich Sea LLC
Rich Sea LLC is a holding company based in Houston, Texas, focused on acquiring and operating medium-sized businesses in the region. The firm targets companies with at least $2 million in revenue and $700,000 in profit.
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Overview
Rich Sea LLC is a holding company based in Houston, Texas, established to acquire and operate Texas-based companies. The founder, Ayo Phillips, is an immigrant who has lived across the United States and has made Texas his permanent home. He previously served as the CEO of Perfect Surface, a Texas-based provider of rental turnover services, before transitioning to focus on partnering with other Texas businesses. Rich Sea LLC invests in Texas-based companies, particularly in the Houston area, targeting businesses in various industries, including distribution, manufacturing, services, and fleet maintenance. The acquisition criteria include companies with at least $2 million in revenue and $700,000 or more in profit (EBITDA or SDE).
Focus
Rich Sea LLC primarily invests in Texas-based companies, particularly in the Houston area. The firm targets businesses across various sectors, including distribution, manufacturing, services, and fleet maintenance, with a focus on those generating at least $2 million in revenue and $700,000 or more in profit.
Support
Rich Sea LLC adds value by ensuring operational continuity and preserving the existing team and customer relationships during the acquisition process, leveraging Ayo Phillips' extensive operational background.
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