My name is Surya Chahar. I started Sikar Capital for one purpose: to find and buy a small business to operate and grow.
I am seeking to partner with a business owner who wants to transition ownership of their company but also cares deeply about what happens afterward. I am looking for a seller who's immensely proud of the business they've built and values preserving long-standing relationships with employees, customers, suppliers, and the community.
Sikar Capital is not a private equity firm that will aggressively “roll up” your business into a large corporation and potentially wreck your life's work in the process. My goal is to build on the strong foundation you've created and provide a new generation of leadership that will keep the business thriving long-term.
I have access to liquid capital and, hence, won’t need to raise funds from traditional investors. Being a sole decision-maker, having access to experienced advisors, and having a letter of support from an SBA lender will allow me to close the deal on the right business very quickly. Together with the current owner, I aim to create a transition that preserves the business’s legacy and positions it for continued success.
If you’re an owner considering a transition, or a broker representing such an owner, I’m eager to connect with you and learn about your business.
Criteria:
I hope to have the privilege of carrying on the legacy of a great small business and my goal is to create long-term value for the company, its employees, and the community. So I’m seeking to buy a well-established business with the following attributes:
Seller's discretionary earnings (SDE) between $600k and $1.5 million
Located within 60 miles of the following cities:
Richmond, VA
Raleigh, NC
Tampa, FL
Austin, TX
Fort Worth, TX (excluding Dallas downtown area)
At least 15 years old, with a track record of consistent revenue and profitability
Industries that are not sensitive to economic cycles, technology advancements, or regulatory risks
About:
Over the past decade, I have been fortunate enough to work as a manager and leader in a variety of business settings to execute and deliver multi-million dollar programs and projects. These experiences range from managing software implementation projects and leading process improvement efforts to sourcing technical suppliers and negotiating contracts. My most recent role included leading teams of up to 40 members in 4 different countries and time zones, and coordinating project completion with up to 100 stakeholders.
I completed my MBA in Finance and General Management from the University of Cincinnati, Ohio. I also have a Bachelor's Degree in Electronics and Communications Engineering.