Nashville, Tennessee
Good businesses are worth building on.
Turkey Hill Partners is a principal-led investment firm based in Nashville, Tennessee, acquiring and building enduring lower-middle-market businesses.
Built for what endures.
Our Approach
What we believe
Respect what exists. Understand why it works. Then build what comes next.
Understand before changing.
The first responsibility of a new owner is to understand why a business works. We listen to employees, customers, suppliers, and management before deciding what should change.
Invest for what comes next.
Strong businesses deserve the capital, talent, technology, and strategic attention they need to reach their next stage of growth.
Think like an owner.
We make decisions with the long-term health of the company in mind, not merely the economics of a transaction.
Investment Criteria
Established businesses with more ahead of them.
We look for durable, profitable businesses with strong customer relationships, recurring or repeat demand, and meaningful opportunities for continued growth.
- Target EBITDA
- $1M–$5M
- Primary geography
- North America
- Operating history
- Established
- Transaction structures
- Flexible
About Turkey Hill
Built on a deeper perspective.
Turkey Hill Partners takes its name from the wooded hill at our center in Nashville, Tennessee.
It offers a useful vantage point: close enough to the city to take part in its growth, removed enough to see beyond the immediate. That is how we try to approach ownership.
Good businesses are rarely improved by changing everything that made them successful. The work begins with understanding what already works, protecting what matters, and investing carefully in what comes next.
Rooted in Nashville.
Built for what endures.
For Business Owners
Considering what comes next?
Selling a business is rarely only a financial decision.
Customers, employees, family, reputation, and decades of work are often part of the equation.
We approach these conversations with discretion. Our aim is to understand what matters to you, decide together whether Turkey Hill is the right owner, and structure a transition that gives the business the resources to keep growing.
Principal-Led
The people you meet are the people making the decision.
Turkey Hill is principal-led by design. Owners and intermediaries deal directly with the people evaluating the investment and responsible for the company after closing.
That makes for clearer communication, faster decisions, and accountability from the first conversation forward.
Steve Rhodes
Managing Partner
Anne Kendall
Associate
For Intermediaries
Clear criteria. Direct communication.
We value intermediaries who know their clients and their businesses well. Expect prompt feedback, clear expectations, and direct access to the decision-makers throughout a process.
Capital Partners
Aligned capital for compelling opportunities.
We evaluate opportunities one transaction at a time and partner with family offices, institutional investors, and lenders. Capital structure, investor group, governance, and duration are shaped to each business.
Good businesses deserve thoughtful next chapters.
We welcome conversations with owners, intermediaries, executives, and capital partners. You do not need to have made a decision to begin one.