Commercial and growth diligence before the wire, and the operating bench that executes the value creation plan after it.
Penrose Growth works with residential and commercial service businesses across the United States.
A commercial diligence partner for financial sponsors answers the question a quality of earnings report can't: whether the revenue is repeatable, not just real. Penrose runs that assessment pre-close for independent sponsors, search funds, and private equity firms, then executes the plan post-acquisition rather than handing off to someone else.
Growth underwriting for acquisitions covers channel concentration, close rate by service line, pricing power, and owner-dependency — the specific execution risks that should be priced into the offer or covered in the first hundred days, feeding directly into our private equity growth work.
100-day plan execution for acquired platforms instruments the business first — lead source, close rate, job-level margin — then fixes conversion before adding demand, because more leads into a broken sales process just buys a more expensive version of the same close rate.
As a portfolio operating partner for service businesses, we apply one playbook across every platform and add-on, so portfolio company standardization and board reporting come out of the same system the operators use rather than a separate spreadsheet exercise.