Bronco Ventures
About Bronco Ventures
Bronco Ventures is uniquely positioned to infuse creativity, vision, and fight back into blue-collar businesses — making them profitable and keeping them deeply purposeful. We love the magic that can happen when employees work together to serve customers well.
This is what gets us up in the morning and keeps us looking for new opportunities with companies and their teams.
Some people call this process "Private Equity," but it’s much more intimate and personal to us than that.
Bronco Ventures invests in the foundation and the future of companies — their people.
INVESTMENT CRITERIA
▪ Texas
We are Texans, born and bred. It is a state we know and love and is the place we’re most focused on for prospects.
▪ Blue-collar
Our businesses aren’t rocket surgery. We like getting our hands dirty, so we are looking for those everyday, simple but critical businesses that keep our communities going. Our favorites are commercial and residential service businesses.
▪ No startups here
We like our companies like our baseball card collections: the older the better.
▪ It's the people
Many of our sellers will be retiring, but most of their staff will not. So culture is super important to us, and we want to work with kind, hard-working, and happy people.
We find this flows into Customer Service, which is the lifeblood of any business.
▪ Revenue
$1 million+ with 50% of revenue being recurring.
▪ Margins
Gross margins of 40%+
Net margins of 20%+
People
- Jordan Needham, Partner