Legacy and continuity
We seek to preserve the customer relationships, reputation, and operating strengths that made the company successful.
Sell your business
Cicada works with owners of established service businesses in Southern California who are considering succession, retirement, partial transition, or the next stage of growth.
Our commitment
We will be candid about fit, protect the confidentiality of your information, and respect the people and reputation behind the business.
Why owners speak with Cicada
The right buyer thinks carefully about the years that follow the closing.
We seek to preserve the customer relationships, reputation, and operating strengths that made the company successful.
We work toward a transition plan suited to the owner, leadership team, and actual needs of the business.
We buy businesses to run them and grow them over many years.
What to expect
Share a high-level overview of the business and what you want from a transition. No obligation and no broad circulation of your information.
We discuss goals, timeline, leadership, valuation expectations, and whether Cicada is likely to be the right long-term owner.
If there is alignment, we conduct financial, operational, customer, legal, and commercial diligence in an organized manner.
We build a realistic closing and handoff plan that considers employees, customers, leadership, and the owner’s desired role.
A likely fit
Treat these as guidelines. A strong company can still be worth a conversation even when one element falls outside the range.
Questions owners ask
Essential service businesses across Southern California, typically $2M to $5M in annual revenue with $500K or more in adjusted EBITDA. Pest control, commercial janitorial, fire and life safety, pool service, and carpet care are examples rather than a complete list. What a company does matters less to us than whether its revenue recurs, its customers stay, and it runs without depending on any one person. If your business has those characteristics, it is worth a conversation even if the industry is not one we have named.
No. San Diego County is where we look first, since that is where we are based, and that includes Chula Vista, La Jolla, Carlsbad, Escondido, and Oceanside. Orange County, Riverside County, and the Inland Empire are all in scope, and a strong company elsewhere in Southern California is still worth a conversation. Distance tends to matter more for smaller businesses, where being close enough to be present regularly counts for more.
We work from a multiple of EBITDA or seller’s discretionary earnings. That multiple moves with the characteristics described in our acquisition criteria: how durable the revenue is, whether any single customer represents an outsized share, how much the business depends on the owner day to day, margin consistency, and the strength of the team. If we put forward a number, we will explain how we arrived at it.
That is negotiable, and we do not come in with a fixed preference. Some owners want a clean break. Others want to stay through a transition, or longer. Both are workable. It is something to settle together, and we would want to understand what you are hoping for before suggesting anything.
Our intention is to keep as many people as possible, including existing management. We are looking to buy a business that already works, and the people are a large part of why it works. If a company is carrying more overhead than its economics support, we would raise that openly before closing so there are no surprises on either side.
Sales of privately held businesses at this size commonly run about three to six months from the first substantive conversation to closing. That figure describes the market generally. Your own timeline will depend on how organized your records are, how financing comes together, and how quickly both sides want to move.
It depends on the business and on what you need. Cash at closing, seller financing, and earnouts all appear regularly in transactions of this size, and any of them may come up. We would expect structure to be part of the negotiation, shaped by the specifics of the company and by what matters most to you.
Early on, the basics: an income statement, a balance sheet, and tax returns. That is usually enough to tell whether there is a fit worth pursuing. Diligence beyond that varies with the business, and we will not pretend to know in advance everything a particular company will require.
We treat these conversations as confidential. Information goes only to parties who need it to evaluate or complete a transaction, such as a lender, an accountant, or an attorney, and no further. Confidentiality matters to your employees, your customers, and your own position, and we treat it that way.
Confidential owner inquiry
Provide only the level of detail you are comfortable sharing initially. We will use this information to evaluate fit and contact you directly.
Your information is not posted publicly or distributed to a buyer list. A formal nondisclosure agreement can be completed before detailed information is exchanged.