We are an entrepreneurial investment firm focused on acquiring a single small business ranging in $2M - $15M in annual revenue and operating the company long-term. We strive to help businesses reach the next level of their potential by providing both financial support and operational expertise.
We look to primarily invest in stable businesses with existing profitability and opportunities for organic growth and M&A. Our investment gives business owners an alternative model to private equity, while still providing liquidity and an opportunity to transition out of the day-to-day management of the company.
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Progression Investments is backed with equity and credit funding from a diverse group of both institutional and individual investors.
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Who We Are
Transitioning & Building On Your Momentum
Investment Focus
Industry
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High industry fragmentation
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Healthy growth (5%+)
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Early in industry lifecycle
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Recurring revenue models
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Low disruption risk
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Straightforward operations
Company
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Growth opportunities
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Stable source of recurring, repeat, or contractual revenue
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Unique competitive advantage
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Diverse customer base
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Low Cap-Ex
Financial
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$1M -$3M EBITDA
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3+ Years of profitable growth
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Recurring revenue model
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15%+ EBITDA Margin
Circumstance
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Owner is lacking a succession plan and is seeking an exit for non-business related reasons
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Owner wants to step back from day-to- day operations
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Entrepreneur seeking next venture
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Owner is lacking the resources or capacity to continue to grow the business alone and is willing to take on a majority partner
Goals
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Focus on maintaining and building relationships
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Implement industry agnostic best practices to increase operational excellence
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Focus on long-term growth and success of the business
Our Team
Ike Ukawuba
Founder & Managing Principal
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Ike established Progression Investments in pursuit of his dream of building and growing impactful businesses. He has 15+ years of business management consulting experience with expertise in marketing, sales, customer retention, business process improvement, and process automation.
Aaron Blick
Investment Advisor
Aaron has over 10 years of professional management experience and a business development background in multiple healthcare industry spaces. As a partner, principle, developer and entrepreneur, he has successfully started, acquired, expanded and sold over 12 companies in the healthcare industry.
Robert Graham
Investment Advisor
Robert is an investor in multiple other PE deals in the lower-middle market. Previously, Robert was a Vice President at The Sterling Group, a private equity firm that focuses on investments in services, manufacturing, and distribution businesses. He also served on the board of Specified Air Solutions, a $150M diversified manufacturer of HVAC equipment.
Nancy Jordan
Investment Advisor
Nancy Jourdan is the CEO of BCP Transportation, Inc., a 100% employee-owned, women-certified trucking and warehousing company based in Wisconsin. With a background in engineering and an MBA from UW–Madison, she has also invested in multiple healthcare and real estate deals.
Inara Ukawuba
Investment Analyst
Inara' studies includes Economics and has built a professional background in the mergers and acquisitions (M&A) industry, where she has gained experience across deal execution, financial analysis, and strategic advisory.
Expertise
Marketing
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Digital Marketing Transformation
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Big Data & Artificial Intelligence Marketing
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Paid Search & Social Media Campaign Management
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Video Marketing & Story Telling
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Ad Creative Design & Planning
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Lead Nurturing & Conversion Optimization
Business Process Improvement
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Customer Experience Analysis & Retention Management
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Process Design & Workflow Optimization
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Robotics & Business Process Automation
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Process Standardization & Asset Development
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Operating Model & Organizational Structure Development
Systems Integration
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Solution Delivery Lifecycle Management
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Supplier Due Diligence
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Requirement Planning & Solution Design
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Systems Configuration Management
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Test Planning, Execution & Defect Management
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User Training & Systems Onboarding
Investments:
SERVING SPIRIT HOME CARE
Serving Spirit Home Care, LLC is a leading provider of home care to the geriatric community in the Philadelphia, PA metropolitan area. The company specializes in complex, long term care for clients, commonly involving chronic health conditions.
Closed: June 2023
LICEDOCTORS
Founded in 2010, LiceDoctors is the largest provider of organic lice treatments in the US. Every year, the company treats thousands of cases with its proprietary product lines and its highly trained team of over 250 technicians spread across 40 states. Closed: December 2023
GREEN VALLEY HOMEHEALTH & HOSPICE
Green Valley HomeHealth & Hospice provides a comprehensive range of services including hospice and palliative care, skilled nursing, geriatric services, and other healthcare services to patients across Southern California. Green Valley was founded in 2005 and is based in Apple Valley, CA. Closed: May 2024
OXFORD HEALTHCARE
Oxford HealthCare provides home health and home care services to over 2,000 patients in Northeastern Oklahoma. Oxford was founded in 1992 and is based in Tulsa, Oklahoma.Closed: September 2024
PACIFIC OPPORTUNITIES
Pacific Opportunities is a leading vocational rehabilitation and healthcare services provider to individuals with disabilities in the Portland Metro area. The company provides one-on-one career exploration, ongoing career support, and a multi-faceted, one-on-one vocational rehabilitation support process. Closed: November 2022
GENERATION READY
Founded in 1992, and based in NYC, Generation Ready is a leading consulting firm specializing in Pre-K to Grade 12 professional development and school improvement services. The company collaborates with schools, districts, and boards of education to provide tailored, evidence-driven support in literacy, math, leadership, equity, STEM, and English Language Learners (ELL). Closed: April 2024
ACCESS CARE ADULT DAY AND HEALTHCARE CENTER
Access Care Adult Day and Healthcare Center provides adult day care and assisted living services across 25+ counties throughout Kentucky. Access Care was founded in 2010 and is based in Louisville, Kentucky. Closed: February 2025
GRACE UNLIMITED HOME HEALTH CARE
Grace Unlimited Home Health Care is a provider of skilled home health as well as home care services in North Texas. Grace provides skilled nursing and therapy as well as attendant care to a large census of patients with its workforce of ~120 employees. The organization was founded in 2003 and serves a census of over 250 VA, Medicare, Medicaid, and commercial patients across all 8 counties of the DFW area. Closed: January 2024
Trellis Vocational Rehabilitation
Trellis Vocational RehabilitationTrellis is an Oregon-Based VR Service dedicated to empowering individuals with disabilities by providing meaningful employment opportunities and fostering a sense of community.
Contact
Us
Our Address
790 Royal St. George Dr.
Suite 141
Naperville, IL 60563
Our Phone No.
630-465-5824