The North Avenue Group, (NAVG) buys companies from founders and family owners. We offer a different kind of exit as we take a direct management role in your business, with a commitment to its ongoing success and to the preservation of your legacy. We are committed to working closely with Business Owners to achieve their goals while ensuring the long-term success of the company by providing both the capital and a management team. We are not your typical Private Equity Firm because we are Operators and Entrepreneurs like you. At NAVG, we understand that building a successful business takes years of hard work and dedication. We also realize to carry the Company's legacy into the future, requires that the Buyer provide stability for the company’s employees and preserve the culture, reputation and customer relationships that have made the company successful.
NAVG offers a different kind of exit for owners who are considering retirement or new ventures, or who want to attract a fresh infusion of capital to their firms and step back from day-to-day operations. Unlike a strategic competitor or a financial buyer, our goal isn’t to absorb your operations or slash costs before flipping your company for a profit. We’re in it for the long run.
We understand that a business is more than just an income statement with a bottom line. A business is a place where people spend most of their waking hours earning a living; a business provides customers with quality products or services they come to rely on; a business plays a role in the daily life of a community. Nothing pleases us more than to find an entrepreneur that has built a company with this core set of values. Given we take a direct role in the Companies we acquire we intend to honor, preserve, and enhance the legacies which you have painstakingly crafted.
As entrepreneurs ourselves, we appreciate the concerns of successful Business Owners. We understand the sensitivities of employees and customers and will work with you on a strictly confidential basis to understand your personal goals as well as to structure a sale that meets those goals. Though we have access to significant capital, NAVG is a nimble partner and we will move quickly to close.
Terry Comer works with NAVG's partner companies to reach their next phase of growth. With key strengths in operations and strategy, Terry manages the sourcing activities of the firm, having structured and invested in over 25 Companies with a total enterprise value exceeding $150 million. Prior to forming the firm, he started his career with the purchase of American Biosurgical, a leading medical cable manufacturer located in Atlanta, where he led the Company's Global Sales and Manufacturing Operations, taking the company from 5 employees to over 400. Terry is a proud member of the Atlanta chapter United Ways Volunteer Improvement Program and recently was elected into Georgia Tech's Council of Outstanding Young Engineers. Early in his career he was selected by the City of Atlanta as a Power 30 Under 30 Award recipient. Terry holds an MBA from Harvard, a Bachelor of Science degree in Industrial & Systems Engineering with High Honors from Georgia Tech, and a Bachelor of Science degree in Mathematics from Morris Brown College, where he was second in his class. Terry currently lives in Atlanta with his wife Rosalynn, a Nurse Practitioner supporting regional hospital systems and their daughter Chloe.
The NAVG team is comprised of over a half dozen Institutional partners, operating executives and investors who have skillfully acquired and operated leading companies in a variety of industries. Our team of investors and advisors bring extensive experience in actively managing and growing profitable businesses.
Active & Engaged Management
Executing a Shared Value Creation Plan
Strategic Growth Partners
Long-Term Investment Horizon
We are an experienced, highly effective operating partner specializing in managing growing businesses. As a result, we know our strengths and understand from experience that leading from the bench is just not how a business grows. That's why, unlike traditional Private Equity sponsors, we take on a full-time operating role to help actively guide each of our partners . We spend meaningful time alongside our Business Owners to responsibly transition the business before collectively working towards strategic decisions to drive the next phase of growth.
Like you, at our core we are entrepreneurs looking to grow the business and believe that developing personal relationships with the founder(s) and managers of a business are paramount to success. That's why we collectively work with our business partners to create and work towards a shared vision for the future of the company, including a Board Level role for the Business Owner. Unlike strategic competitors we are not looking to fundamentally reshape the business or personnel. We are seeking to grow the business organically and have proven over the last 15 years our ability to unlock value from within.
NAVG is comprised of successful entrepreneurs, operating executives and investors who have skillfully acquired and operated leading companies in a variety of industries. Many of our team members have managed and grown multi-billion dollar operations that have risen to the top of their respective industries. Armed with this extensive partner base, we build out a team of experienced growth partners from capital to board oversight as we look to ensure long term success.
We are not looking to "flip" the business and are committed to managing and growing the business on a full-time basis for the long-term. We do not have predefined hold periods like typical financial buyers, as we value continuity, stable employee relations and strong community standing. We appreciate the existing workforce and believe that investing in long-term employee development is a key aspect of business growth.
We encourage you to call or email us directly. Alternatively, please use the form below to relay your inquiry.
472 Bartram Street, SE
Atlanta, Georgia 30316