New Majority Capital
At a Glance
The clearest published audience match on this shelf and the least published price. Ask what the capital costs before the intake form, because everything else about the fit is already on the page.
- Pricing
- Custom Pricing, Nothing is published about what the capital costs a searcher. Its own pages say NMC Fund I 'will provide 100% of non-extractive financing for NMC Fellows, allowing you to own 100% of your business through a time-vested schedule', and that diligence costs may be covered at zero percent interest. No equity share, carry, fee or vesting period appears anywhere. The accelerator is free to the fellow, with hotels and meals covered for in-person sessions and travel at the fellow's own cost.
- Best For
- A self-funded searcher who will be the majority owner and run the business day to day, buying at half a million dollars of EBITDA or more inside the United States
- Track Record
- Its home page counts sixty-five fellow acquisitions and $260M mobilized. Its investor page counts ten funded acquisitions in its headline, nine since the fund's first close in June 2024 beneath it, and $1.79M deployed. Its fellows grid lists fifty-one cards for forty-nine businesses and its fund grid eleven, and twelve more were closed as an independent sponsor before the fund. None of the pages reconciles the others.
- Lane
- Self-Funded
- Funds
- The deal only
- Based
- Providence, Rhode Island.
- Invests
- The United States only, in its own words.
- Buys
- Self-funded searchers who will be the majority owner and run the business day to day. It buys at half a million dollars of EBITDA or more on its entrepreneurs page and $500K to $2M on its investor page, in any industry apart from retail, restaurants and standalone real estate, and the grid holds businesses well under that band. It refuses a traditional search and a holdco owner hiring a chief executive for a minority share, both in writing.
- Before A First Call
- An intake form, standing rather than a cohort, and neither an MBA nor previous entrepreneurship experience: its FAQ asks that question in those words and answers yes. The cohorts belong to its accelerator, on a separate site.
- First-Time Operators
- Says in its own words that it backs people running a company for the first time.
- How Long The Search Runs
- No length on the search and nothing about what happens if it ends without a deal, on the pages this review read. Ask what the clock is before you sign anything.
- Published Terms
- Published in kind and not in numbers. Down-payment capital at the close, by its newest posts, with a fellow owning all of the business on a time-vested schedule. Equity that grows as performance metrics are met and that liquidates itself in place of ownership, in its own words. A mandated share of ten percent of annual profits for employees, a fellow's own money in a deal earning the fund's returns, and the fellow carrying the SBA guarantee. Pre-acquisition costs come from a zero-interest loan fund the same post calls forgivable and repaid at the close. No equity share, carry, fee or vesting period is stated as a number anywhere.
- What A Searcher Gets
- Not published on the pages this review read. It is the figure a searcher most wants and most of this shelf does not print it, so ask before the first call rather than after.
- After The Close
- Works on a first 30-60-90 day plan with the new owner, and advises six to twelve months of ownership before buying another company.
- Roadmap Stages
- 3. Set Up & Fund the Search
Pros and Cons
Pros
- Publishes the size band it funds, half a million dollars of EBITDA and up, which is this site's own audience range rather than the range most funds publish
- Refuses the wrong buyers in writing: not a traditional search, and not a holdco owner who will hire a chief executive for a minority share
- Advances diligence costs at zero percent interest, a term almost nothing else on this shelf publishes
- Lists its fellows' acquisitions on a grid of fifty-one cards with a place and a month each, and says plainly that no MBA or prior entrepreneurship is required
Cons
- What the capital costs is not published anywhere: no equity share, no carry, no fee and no vesting period, only that a fellow ends owning all of it
- Its home page counts sixty-five fellow acquisitions, its investor page ten funded and nine since the first close, and its grids fifty-one cards and eleven, and no page reconciles the others
- Its newest posts call the capital down-payment money at the close, an investor covering the five percent and forgoing distributions until the SBA loan is repaid, which is gap capital rather than acquisition equity
- The accelerator states outright that taking part guarantees no fellow any funding
What Searchers Say
Read entirely from its own pages: the fund page, the entrepreneurs page and its FAQ, the two portfolio grids, the concierge page and the hundred and sixteen pages of its newsroom. It appeared first as a program on the job board and as an unresolved candidate from an archive round, and the same firm answers both. Its pre-acquisition loan fund was expanded in 2026 with a bank foundation's program-related investment.
How to Approach
Firms do not publish a term sheet you can prepare against, so this is how self-funded search capital comes in, what it weighs, and how to arrive ready.
The Typical Arc
- No conversation until you have a deal: gap capital comes in at the LOI, not before.
- A fast read on the specific target and your underwrite.
- An equity check to close the gap the loan and your own injection leave.
What It Weighs
- The deal itself: is the business financeable and fairly priced.
- Your underwrite, since there is no search track record to lean on.
- How much of the equity gap actually remains after the loan and your own cash.
How to Prepare
- Underwrite the specific deal end to end before you call. Underwrite a Deal
- Size the gap: sources and uses against what a lender and seller accept. Sources & Uses Builder
- Know your own number first. SBA Acquisition Calculator