Snell Ventures is a ministry-based, family holding company managing investments for the Snell family. We acquire legacy asset ... s and effectively manage them beyond the capabilities of the founder or owner while preserving their legacy. GENERAL INVESTMENT CRITERIA - 15+ years of business history and tax returns. - Show 15% or less attrition during 2008-2010. - Be regionally located near a Snell Ventures office. - Owner must be looking to retire or exit and have no solidified succession plan. - Owner must be willing to “phase out” financially and operationally. - Owner must have generally similar ethical and mission priorities to the Snell Ventures team. - Owner’s direct descendants must have no irrevocable claim on the business or its assets. - Business must have very little or no long-standing enterprise debt. - Business must have a reputation of hyper-local community engagement. ATTRIBUTES WE AVOID - Businesses with less than 15 years of tax and operational history. - Owners who wish to exit their business immediately after the consummation of a transaction. - Businesses that were fundamentally impacted during the 2008-2010 recession. - Businesses that rely solely on human capital as their primary asset. read more