Growing the legacy of an incredible business
About Us
Cremson Ventures is an investment vehicle formed by Mark Feild alongside his business partner and mentor, Bill Addy, with the intention of acquiring a single lower/middle market business in the greater DFW region. We founded Cremson Ventures to buy and build businesses the right way - where employees are treated with respect and given opportunities to grow, where sellers know that their legacy will be preserved and protected, and where we collectively are investing and building for the long term.
We believe in building great businesses where people take pride in what they do and enjoy coming to work everyday.
Integrity
We aim to do things the right way
We treat all stakeholders with dignity and respect
Kindness
We believe in always making progress
Innovation
Mark is excited to put his experience in building and operating small businesses to work with this venture. After a stint in technology sales at ISNetworld and Salesforce, Mark made the jump to the startup world where he was one of the first employees at Alto Experience Inc, a rideshare company that grew to $40MM in revenue run rate with 1,500+ employees over the 6 years he was there. During his time at Alto, Mark built out the Customer Experience, Operations, and Sales departments from scratch. On the side, Mark also runs a teeth whitening and oral care eCommerce brand, Pearli, stemming from his roots in a family comprised a several dentists.
Mark graduated from Princeton University and lives in Dallas, TX with his wife, Aly, and newborn son, Jack. In his free time, Mark enjoys golfing, cooking, and spending time with his son.
Mark Feild, Founder
Why Cremson Ventures?
We Prioritize People
Our goal is to buy and build a business that we can be proud of and that treats team members, customers, and suppliers, with dignity and respect. We pledge to take care of your employees and to provide a growth-oriented work environment that lifts everyone up.
We Are Operators
We are not just investors, but the incoming full-time managers of your company. When you sell to private equity, strategic buyers, or holding companies, the people you are dealing with during the sale process will almost always not be the ones who run your business post-close. We will be and are committed to earning your trust and respect and that of your employees.
We Can Make a Cash Purchase
It is our desire to make a deal with a current business owner that benefits everyone equally. Not only do we bring a lot of experience when it comes to owning and operating a company, but we can make the deal process as easy as possible for all involved - meaning we can deploy our capital extremely quickly and are willing to structure the deal in the way that makes the most sense for all parties.
We Hold for the Long Term
Unlike Private Equity which plans to hold investments for 4-6 years, we take the long-term perspective by envisioning the company as our own. This means we are not required to sell and are focused on growing the business the right way with conservative capital structures and a commitment to long-term relationships.
Investment Criteria
General
Industry Agnostic
We have a broad aperture for industries and business models, but our preferences are below in no particular order:
Software, Home/professional Services, Equipment Rentals, Supply and Distribution
Located in DFW
We are looking for business solely in the Dallas/Fort Worth metroplex.
Founder/Family Run
We prefer a founder or family-owned business that has a good reason for selling. The owner’s willingness to stick around and properly transition the business is extremely important to us.
Company
Opportunities for Growth
Our intention is to grow the company we purchase, so we would ideally identify one with several opportunities for improvement.
Strong Financials
We are looking for businesses making between $500k - $2m in EBITDA/SDE at 20% margins
Track Record of Success
We prefer businesses that have been operating at a high level for at least 10 years with diverse customer bases and solid teams in place.
Get in Touch
If you believe we are a great fit for a business that is currently for sale or if you know an owner who is considering moving on to the next chapter, drop us a line!