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Acquisition mandate · actively seeking

What I buy — and why I hold.

A clear picture of the businesses I look for: €1–5M profitable SMEs in Poland and Germany, ready for a careful, long-term owner. For business owners, M&A advisors, and brokers.

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Who I am

A private buyer who builds, not flips.

I'm Alex Tsishuk — a private investor and former operator with more than two decades building and running businesses across Central and Eastern Europe (CEE) and North America. I've built businesses, met payroll, and personally handed three companies to new owners. I know what that moment feels like from both sides of the table.

I'm not a fund with a five-year exit horizon. I look for one good business at a time, acquire it with my own capital, and operate it for the long term. My edge is patience and genuine operational involvement — not financial engineering.

I'm currently active in Poland as my primary market, with Germany next. I work directly, without buy-side brokers, so there are no fees passed on to the seller.

Long-term hold No broker fees NDA from day one
Alex Tsishuk — private investor Poland
What happens after the sale

Your company gets a careful successor, not a new owner who dismantles it.

Selling a business you built is one of the biggest decisions you'll ever make. Here is exactly what I do — and don't do — after we close.

Your people stay

No restructuring, no layoff wave to improve a spreadsheet. The team that built the business keeps their roles — and gains a hands-on owner who is genuinely invested in their success.

Your brand and name live on

I keep the brand, the trading name, and the client relationships exactly as they are. The trust you spent years building is the asset — I protect it, not replace it.

I invest, not extract

My version of "operational value-add" is systems, not cuts: CRM, ERP, process automation, and e-commerce where it fits. I grow what's there — I don't strip it down to resell.

"I treat every business I buy the way I'd want someone to treat mine. The people, the name, the relationships — these are not liabilities to restructure away." — Alex Tsishuk

How it works

A calm, private process — at your pace

No auction, no parade of strangers through your offices. Just a direct, confidential conversation between you and me.

1

Private conversation

~48 hours

A direct, confidential talk — you share six basics, and nothing leaves the room.

2

Honest offer

~14 days

An indicative, no-obligation offer based on your real numbers.

3

Quiet diligence

~30 days

Financing and checks run discreetly, without disrupting the business.

4

Gentle handover

90–120 days

We sign, and I take care of your team and clients through the transition.

Is it a fit?

What I look for

Solid, essential businesses with real cash flow, a good team, and an owner ready for a thoughtful exit.

Core — must-have
Size
Enterprise value €1 – 5 million
Profitability
≥ €300k EBITDA · ~25%+ margin
Track record
5+ years in operation, minimum 3 years of reviewed financials
Cash flow
Positive, predictable, ideally recurring
Geography
Poland (primary) · Germany (phase 2)
Owner is ready
Retiring or stepping back — no family successor required
Preferred — but flexible
Sectors
B2B services · Light industry · Logistics · Hygiene / laundry · MSP / IT
Team size
Up to ~50 employees; light asset base preferred
Customers
B2B or recurring consumer contracts; 5+ year relationships a plus
Financing & structure
I use equity and structured financing tailored to each transaction. 100% buyout preferred; majority stake possible. Earn-out and seller loan welcomed where it helps bridge a valuation gap.
Examples of what I'm looking for

Businesses that fit my mandate

A few examples of the kind of business I mean — among others. If you work with businesses like these, or own one, I want to hear from you.

B2B industrial laundry

Serving hotels, clinics or food processors on recurring contracts — steady demand, defensible customer base.

Packaging or technical components

Manufacturer supplying local industrial clients or wholesalers — essential supply, low glamour, good margin.

IT managed service provider (MSP)

Handling networks, servers and support for local SMEs under contract — recurring revenue, high retention.

B2B cleaning or facade services

Recurring contracts with offices, shopping centres or public buildings — predictable volumes, essential service.

This list is illustrative, not exhaustive. Other essential B2B-services and light-industry businesses can fit equally well — if the fundamentals are solid, I want to know about it.

What I'm not pursuing

Businesses outside my mandate

To respect everyone's time, here is what I pass on — so you know without needing to ask.

Think your business is a fit?

Start a confidential conversation

I respond personally within two business days. You don't have to share numbers to reach me — just a line is enough. Everything is confidential from the first message.

For brokers and M&A advisors

Download this mandate (PDF)

A clean one-page PDF with my criteria, sectors, process and contact details — ready to share with clients.

Investor, not a seller? See the co-investor page →