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Track record

We still own every company
we've ever bought.

Built by our founder starting in 2011 — before NeoNox had a name — and held ever since. No flips, no fund clock, no exits. Company names are withheld for confidentiality; purchase prices and results are stated plainly because that's the point of us.

References from past counterparties — sellers, lenders, and advisors — are available under NDA.

Company figures below are from each business's first 24 months with us — the turnaround window. Current revenues run well beyond them.

2011 2013 24 months 2019 2020 The landlord Operyon

Fig. 01 The portfolio, charted — 7 bodies · 0 departures. Touch a star.

7 Companies in the portfolio
$36M+ Combined annual revenue today
450+ Jobs across the portfolio
0 Exits — by design
2011 Operating since

The one to read

Healthcare Services 2013 → today Tier 4 → 100% Sole buyer

The home-care branch that became the blueprint

In 2013 we bought a majority stake in a home-care branch doing $1.3M in revenue — aging systems, fragmented scheduling, thin financial controls. Purchase price: $1.65M. The owner wanted liquidity and help professionalizing, but he wasn’t ready to leave. So he didn’t.

He stayed on as operator while we rebuilt the machinery around him: pricing uplift across service lines, scheduling and workforce optimization, FP&A tooling, and a weekly KPI cadence. Costs came down 33%. Revenue compounded.

The business eventually ran so well without daily heroics that he stepped back — and after watching it thrive without him, he chose to retire on his own timeline. We bought the remainder. That’s the model working exactly as designed: the exit he actually wanted, gradual, on his terms, with his team intact.

Revenue

$1.3M $10M

EBITDA margin

6% 26%

Gross margin

18% 45%

Team

25 people 220 people

Operating costs down 33% along the way.

The rest of the portfolio

Healthcare Services 2011 → today Greenfield Sole buyer

Healthcare franchise, built from zero

A new franchise build-out: leadership installation, staffing, and market establishment from a standing start. Total invested capital: $235K.

  • Installed leadership + back-office systems
  • Local marketing and referral programs
  • Financial reporting cadence from day one
Start

$0

$235K invested

24 months in

$8.2M

42% gross margin · 0 → 150 jobs

Where it stands: Fifteen years later it’s a regional operation with stabilized management and recurring revenue — still growing, still ours.

Healthcare Services 24 months Distressed Sole buyer

Distressed home health company, revived

Acquired in distress for $120K — a business worth more alive than its parts, if someone would do the operational work.

  • Stabilized staffing and compliance
  • Rebuilt referral relationships
  • Weekly cash and KPI discipline
Start

≈$0

$120K purchase

24 months in

$3.3M

48% gross margin · 0 → 60 jobs in 24 months

Where it stands: From near-shutdown to a healthy operator in two years — the fastest turnaround in the portfolio.

Healthcare Services 2020 → today Tier 5 Co-investor

Distressed therapy business, relaunched

Acquired for $80K — primarily for its licensure. No operating systems, no active contracts, no staff continuity.

  • Integrated into the healthcare network
  • Centralized billing, HR, and compliance
  • Rebuilt brand and referral pipeline
Start

≈$0

$80K purchase

24 months in

$2.5M

0 → 27 jobs · rebuilt from a license-only shell

Where it stands: A failing entity became a sustainable provider with consistent margins and bolt-on potential.

Land & Hospitality 2019 → today Legacy asset Co-investor / partner

The Legacy Ranch

Bought for $1.8M as a recreational property — then turned into a wildlife reserve and guest ranch, because we could. We named it the Legacy Ranch. It wasn’t a branding decision.

  • Wildlife genetics program
  • Lodging + event-ready compound
  • Hunting and short-term stays
Start

$1.8M

purchase price, 2019

Today

$5M+

current value · income a side effect, not the point

Where it stands: Proof of how we think about time: not everything has to compound fast — some things just have to be worth keeping.

Real Estate Founded in-house Built, not bought Co-investor / partner

Property investment company

Started from scratch rather than acquired: buying, improving, and holding the Texas real estate our operating companies run on — their landlord, on purpose.

  • Acquire below replacement cost
  • Improve and stabilize
  • Lease back to the portfolio
Start

$0

self-funded start

Today

$10M+

in assets owned · steady rent from our own companies

Where it stands: Rent that would leave most portfolios stays inside ours — cash flow is steady, the asset base compounds, and every operating company sits on ground we control.

Consulting The newest In-house startup Founder

Operyon

Our consulting subsidiary, born from running the portfolio’s back office: the strategy and operations playbook we use on our own companies, offered to a handful of outside clients.

  • Operational strategy engagements
  • Back-office systems design
  • Kept deliberately boutique
Start

$0

bootstrapped in-house

Today

Early days

a small team, by choice · the portfolio comes first

Where it stands: A startup, honestly labeled as one. We only sell advice we already take ourselves — and it keeps our playbook sharp.

Results reflect specific companies, periods, and circumstances; they are not a promise of future performance. Figures are internal, unaudited, and rounded. Deals were funded with a mix of our own capital, investor partners, and where useful, SBA financing arranged before signing.

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