We buy. We do not list.
Off-marketowners.
Bade Group venture sources and pursues operating businesses ourselves — starting with long-tenured plumbing, HVAC, and mechanical firms in the Mid-Atlantic. Public data first. Human review before any outreach.
The thesis
Long-running trade businesses where succession is unclear are often invisible to brokers. We build shortlists from public records — not from sprayed cold lists.
NAICS 238220
Plumbing, HVAC, mechanical focus
Mid-Atlantic
Philly, Pennsylvania, South Jersey first
30+ years
Tenure proxy via charter age where available
How we source
Evidence before narrative. Seller interest is never assumed from a gap in the file.
Gather
Public loan files, state registry tenure, benefit filings, and Places contacts for operating businesses.
Reduce
Dedupe to unique firms. Score on positive evidence only. Succession uncertainty is a gap — not a sale signal.
Review
Human diligence pack before any letter or email. No outreach without confirmation.
See if it fits
A plain-language note — not a score, not a promise. Then open an email with your answers filled in.
Strong fit with our current thesis: long-tenured plumbing / HVAC / mechanical in the Mid-Atlantic. Worth a human conversation — we do not claim seller interest until verified.
Email this introductionDeal discipline
Thesis
PPP → registry
Human review
No spray
Owners, introducers, co-investors: write us with the facts.
We do not solicit listed broker packages as our primary path.
Venture inquiries welcome. Discretion assumed.