Revenue
$1M+
Annual revenue.
Criteria
Our criteria are simple.
We're generalist buyers driven by fundamentals, not sector preference. If the numbers work and the business has substance, we want to talk.
SDE
$250k+
Annual Average Seller Discretionary Earnings over 3 years
Purchase Price
$500k to $2M
Flexible on structure.
Staff
5+
Existing team in place.
Trading History
5+ years
Established businesses only.
Geography
Sydney & surrounds
Central Coast · Wollongong.
Industries
Our sweet spots.
We buy on fundamentals. Sector is secondary to financial health, staff stability, and client retention. This is the short list we know best.
Focus area
Professional Services
Accounting, financial planning, insurance broking, mortgage broking, debt collection, conveyancing, bookkeeping, payroll.
Focus area
Property Services
Property management, strata management, home inspections, building surveying, appraisals, staging, removals.
Focus area
Property & Construction Trades
Trade services, plumbing, electrical, HVAC, roofing, fencing, painting, carpentry, flooring, insulation, garage doors, solar installation.
Focus area
Recurring Compliance
Fire safety, test and tag, first aid, RTO training, workplace safety, certification and audit support.
Focus area
Home Services
Landscaping, tree removal, irrigation, pest control, window cleaning, gutter cleaning, pressure washing, handyman, pool service.
Focus area
Waste & Environmental
Junk removal, council waste pickup, skip bin hire, septic service, mould/fire/water remediation, asbestos removal.
Focus area
Facility & Commercial
Commercial cleaning, commercial power washing.
Focus area
Healthcare
Allied health clinics, physiotherapy, dental, specialist practices.
Focus area
Education & Training
Tutoring centres, vocational training, RTO operators, coaching programmes, and skills-based education businesses.
Open to more
Other recurring service businesses
If the fundamentals are strong, we're open to adjacent service businesses with recurring demand and a stable operating model.
Not a fit
Outside scope
We do not buy hospitality, franchises, startups, manufacturing businesses, or businesses requiring the owner to hold specific credentials.
Why sell to us
Five things every seller should know.
We know selling a business is one of the most significant decisions of your life. We treat it that way.
Legacy preserved
We prioritise protecting what you've built - the culture, the client relationships, and the reputation that got the business here.
Smooth handover
We work with you through a structured transition at a pace that works for both sides - not a rushed exit.
Ready to move
Funding is secured. Legal and accounting advisers are engaged. NDAs signed the same day you ask.
Flexible structure
Asset or share purchase. Earn-outs, seller finance, staged settlement - we adapt to what works for you.
We build, not strip
We invest in modernisation, marketing, and process - we grow what you've built, not extract from it.
About
A family group with real capital and real intent.
Altevro acquires one business at a time and commits fully to making it better. This is not a fund cycling deals — it's a family group buying a business to run and grow.
Josh operates as owner-operator from day one, backed by capital and strategic advisors with deep experience in M&A, corporate strategy, and organisational leadership.
Approach
One business at a time
Full operational focus instead of portfolio churn.
Operating model
Owner-operator
Running the business day-to-day from day one.
Capital
Family backed
30+ years of M&A and executive experience behind the capital. No fund, no timeline pressure.
Josh Stephens
Founder & Owner-Operator
Josh leads Altevro day to day and steps into each acquisition as a hands-on owner-operator. He brings eight years of operations, project management, and process improvement across financial services and high-growth fintech, where he led cross-functional teams across multiple geographies and ran large-scale customer operations at scale. He holds a Bachelor of Commerce in Economics and Finance from the University of Newcastle.
LinkedIn
Mark Stephens
Capital & Strategic Advisor
Mark guides Altevro on capital and deal strategy, drawing on more than 30 years in M&A, corporate investment, and senior executive leadership at Arrium Mining and Materials, one of Australia's largest steel producers. He chaired the World Steel Association's Raw Materials Committee Expert Group and served on the Newcastle Art Gallery Foundation board for over 25 years, including as Chairman from 2003 to 2012.
LinkedIn
Viv Hayles
Capital & Strategic Advisor
Viv advises Altevro on people, risk, and organisational strategy. She spent a decade as Corporate Services Director at Samaritans Foundation, leading HR, IT, marketing, fundraising, and risk management, following senior management and project roles at NALCO and BHP Steel where she led teams of 100+ and managed multi-million-dollar contracts. She holds an MBA, a Master of Marketing, and a Bachelor of Applied Science.
LinkedInLet's talk
Selling a business? We want to hear from you.
We move quickly and treat every conversation with complete discretion. Brokers and intermediaries welcome.
Email us - [email protected]