Climbing
Higher,
Together.

We help businesses preserve their legacy while unlocking their full potential for long-term success.

About Us

At Aspen Hill Equity, we believe in the power of partnerships to transform businesses. Guided by resilience, adaptability, and steady growth—just like the aspen trees that inspired our name—we specialize in acquiring and growing small to mid-sized businesses with strong foundations and untapped potential.

Our team combines operational expertise with a long-term vision to help businesses thrive while preserving their unique legacies. We’re dedicated to fostering collaboration, trust, and sustainable growth for owners, employees, and communities.

Whether you’re a business owner seeking a thoughtful transition or exploring opportunities, Aspen Hill Equity is here to help create a future of shared growth and prosperity.

What We Believe In

Climbing Higher, Together

At Aspen Hill Equity, “Climbing Higher, Together” is more than a tagline—it’s our guiding principle. We embrace every challenge with grit, determination, and partnership. By working side by side with business owners and their teams, we aim to unlock potential and build a foundation for lasting success.
Path going through a stand of aspen trees

Trust and Transparency

Open and honest communication is at the heart of everything we do. From our first conversation to the final handshake, we build trust through transparency and mutual respect. Our goal is to ensure you feel informed and confident at every stage, with no surprises along the way.

Respect for Legacy

Your business is more than numbers—it’s a story, a team, and a community. We honor your legacy by preserving what makes your company unique and ensuring its long-term success. By protecting your brand and supporting your team, we safeguard the foundation you’ve built.

Long-Term Commitment

We focus on sustainable growth and meaningful improvements, not quick fixes. Aspen Hill Equity is dedicated to providing stability and care, ensuring your business continues to thrive well into the future.
Selling your business isn’t just a transaction—it’s a deeply personal decision. You want to preserve your legacy, protect your team, and secure your financial future. At Aspen Hill Equity, we understand the weight of this decision and are here to be a trusted partner throughout the journey. Even if you’re not ready yet, consider us a resource you can turn to for guidance.

Our Difference

We understand that every business has its own story, its own challenges, and its own potential. That’s why we believe in tailoring our approach to each partnership, focusing on the things that truly matter: collaboration, care, and long-term success.

Collaborative Partnership

We build trust by listening first. By understanding your goals, challenges, and priorities, we align our efforts with your vision to create a shared path forward.

Putting the Team First

We prioritize the people who make your business successful—owners, employees, and customers alike. Our approach focuses on maintaining a strong culture, ensuring stability, and building trust during the transition.

Hands-On, Ownership Mentality

We don’t just invest, we immerse ourselves in your business, making decisions like founders and driving meaningful improvements with a roll-up-our-sleeves approach and hands-on operational expertise.

Long-Term Value Creation

Our focus is on building for the future. We prioritize sustainable strategies and invest in people, processes, and innovations that drive growth and create lasting success.

What We’re Looking For

We’re looking for businesses ready to take the next step. If you’re considering a transition, here’s what we prioritize in the companies we acquire:

Revenue Range

$3 million +

Profitability

EBITDA margins of 15% or more, with over $500,000 in annual EBITDA.

Industry Focus

  • Niche Manufacturing & Distribution (Light asset/Assembly)
  • Business Services (including B2B Solutions)
  • B2B E-Commerce
  • Healthcare

Geographic Focus

Flexible on location, with a focus on Ohio, Texas, North Carolina, Florida, Georgia, Mid-Atlantic (New York to Washington, DC).

Ownership Transition

Owners who are ready to step away or seeking gradual transitions with support (e.g., retirement, lack of a succession plan).

Beyond the Numbers

Market & Operations

Diverse customer base with recurring revenue and predictable cash flows.

Scalable operations in growing markets with clear expansion opportunities.

Proven track record of consistent financial performance.

Low customer concentration.

Low CapEx requirements.

Team & Leadership

Values aligned with our commitment to stewardship.

Strong operational leadership and company culture.

Passionate, capable teams ready for growth.

If your business aligns with our criteria, we’d love to hear from you.

Large stand of aspen trees

Our Leadership

As founders who've built and led businesses ourselves, we bring both entrepreneurial drive and corporate leadership experience to help you achieve your company's full potential.

Amanda Lanier
Amanda Lanier
Co-Founder & Managing Partner
More About Amanda

Amanda is the Co-Founder and Managing Partner of Aspen Hill Equity, bringing over a decade of experience in operations, business management, and entrepreneurship. She specializes in scaling businesses, optimizing processes, and leading diverse teams across industries, with a focus on building sustainable growth and preserving business legacies.

Before founding Aspen Hill Equity, Amanda held leadership roles in federal operations, private sectors, and entrepreneurial ventures. She gained hands-on experience in business development, marketing, and customer success while running her own e-commerce business and consulting for early-stage companies across multiple industries, including SaaS, business services and retail. Her diverse background equips her to understand both the operational and strategic needs of small to mid-sized businesses.

Amanda holds a Bachelor’s degree in Business Management from HEC Montreal and is committed to fostering collaborative partnerships that prioritize people and long-term value creation.

 Larry Fulton
Larry Fulton
Co-Founder & Managing Partner
More About Larry

Larry Fulton is the Co-Founder and Managing Partner of Aspen Hill Equity and the Founder of Fulton Equity, a Cleveland-based holding company focused on lower middle-market investments. With 20+ years of experience, he specializes in acquiring, growing, and successfully exiting businesses across manufacturing, industrial services, and value-add distribution sectors.

Prior to his entrepreneurial journey, Larry held leadership roles at Alcoa, KeyBank, and the SBA, overseeing turnarounds, underwriting multimillion-dollar deals, and managing acquisitions exceeding $1 billion. His operational success is demonstrated through multiple acquisitions, including LEFCO Industries, which he grew through strategic acquisitions and a successful joint venture before its recent sale to Evergreen Cooperatives in 2023.

A frequent speaker on Entrepreneurship through Acquisition, Larry holds a B.S. from Florida A&M University and an MBA from Case Western Reserve University. His combination of operational expertise and deal-making experience makes him uniquely qualified to understand and support business owners through their transitions.

Ready to Connect?

If you’re a business owner considering the next chapter for your business, we’d love to hear from you.

Shot of aspen trees upwards against the blue sky