Spruce Legacy Partners

Spruce Legacy Partners is a search fund dedicated to buying and running one well-established business, preserving its legacy, and ensuring its growth into the next generation. The firm's goal is to purchase a small business that has been successful over the past ten years or more and lead the business for the long-term, with the founders dedicating... one hundred percent of their time to running and growing the acquired business. Spruce Legacy Partners is dedicated to owning and operating the business without a mandate to exit, distinguishing itself from strategic buyers or traditional private equity firms. The company is interested in partnering with successful business owners who care about what they have built and the people that have built it, working with owners who care about the future of their business enough to ensure the next leaders are set up for success. Spruce Legacy Partners was co-founded by Ted Silberman and Robert Mueller, both of whom bring extensive business experience to the firm.Read More