Direct buyouts
For owners seeking a full sale and a clear transition to new ownership.
About Raritan Partners
Investing in profitable, founder-owned businesses.
We invest in profitable companies within two to three hours of New York City, with an emphasis on New Jersey and nearby markets.
Our firm
Direct buyouts and seller partnerships.
Raritan Partners is named after the river that crosses central New Jersey, where our regional focus begins.
We pursue direct buyouts and partnership transactions. A seller may exit fully, retain equity, continue operating, or complete a staged transition. The structure depends on what the owner wants and what the company needs.
Each acquisition will use a dedicated single-asset vehicle backed by committed equity. Raritan can complete a transaction without making bank debt a condition to close.
Transaction types
Seller partnerships
For owners who want liquidity while retaining equity, continuing to lead, or transitioning over time.
Value creation
Technology, people, and mission guide the operating plan.
Technology
Build or deploy software, data infrastructure, and automation that reduce manual work, improve decisions, and make service more responsive.
People
Develop managers, recruit where needed, and give teams better tools and information. The people closest to customers should remain close to operating decisions.
Mission
Keep the company's customer promise and role in its market clear as the business grows. We judge new technology and growth initiatives by whether they support that purpose.
Investment criteria
What we are looking for.
These are guidelines. We will consider businesses that fall outside a specific range when the company and transaction make sense.
- $2M-$20M
- EBITDA or seller's discretionary earnings
- 2-3 hours
- From New York City, with a focus on New Jersey and nearby markets
- 5+ years
- Of profitable operations, with ten or more preferred
- Ownership
- Founder-owned or family-owned businesses considering a buyout or partnership
- Business quality
- A defensible niche, diversified customers, recurring or contracted revenue, and consistent cash flow
- Core sectors
- Vertical software, SaaS, IT services, consulting, accounting, and other business services
- Also considered
- Niche distribution, value-added distribution, and healthcare
Leadership
Arth Baghel
Before founding Raritan Partners, Arth worked in investment roles and at frontier AI companies. He also brings experience from family business operations. He formed the firm to apply investment discipline and practical technology capabilities to established companies in the region.
Raritan's investors and advisors include business operators, family business owners, and technical experts in software and AI.
Discuss a business with us.
We speak directly with owners and their advisors.
Contact Raritan Partners