Buyout Solutions for Business Owners
“Let’s hand off your legacy—securely, quietly, and without disruption.”
“Let’s hand off your legacy—securely, quietly, and without disruption.”
We’re very selective about what we take on. Not because we’re looking for ‘perfect’... but because when we step into a business, we’re inheriting more than just numbers. We’re carrying forward someone’s legacy.
With Altenbruck Capital, you get:
You’ve spent decades building something worth keeping. We build on that—quietly, respectfully, and powerfully. We are a trusted private business buyer for cash flowing companies, focused on business succession without disruption.
Let’s start the next chapter together.
We’re the right fit for sellers who value creative, fully compliant deal structures.
Our most successful partnerships are with owners open to flexible terms that protect their legacy and ensure continuity for their team. If your preference is for a purely traditional, all-cash transaction, we may not be the right buyer — and that’s okay. But when there’s flexibility, we can often build a structure that achieves your goals while safeguarding the business you’ve built.

Building Generational Wealth Through Strategic Acquisition.
At Altenbruck Capital, our mission is simple: to acquire, operate, and protect recession-resistant businesses that produce enduring cash flow and long-term value. We specialize in private, founder-friendly transitions that preserve legacy while opening new chapters of growth.
We help business owners exit quietly through attorney reviewed zero down sale structures, ensuring continuity for your employees, customers, and community. We operate with discretion, integrity, and a deep commitment to stewardship. Whether you're looking to exit, reinvest, or scale, our approach ensures your life’s work continues under capable, caring hands.
Professionals. Principals. Partners.
Our leadership team blends operational discipline with principled investing. We are not institutional—we are hands-on operators, family-first stewards, and strategic thinkers committed to creating lasting value for all stakeholders.
Unlike traditional buyers, we are not here to flip businesses or interfere with their culture. We partner with skilled on-site leadership, reward continuity, and stay invisible to your customers—while enhancing what already works.
Discretion, stability, and continuity are not buzzwords for us—they are our standard.
Founder, Altenbruck Capital
David C Penrod
I spent over 15 years managing large-scale infrastructure and cybersecurity programs for Fortune 500 companies. But the work I respected most didn’t happen in boardrooms — it happened in garages, warehouses, and job sites run by people who built something real from the ground up.
I grew up around family businesses, tradesmen, and people who got paid for doing the job right — not talking about it. That mindset shaped everything I do today.
Altenbruck Capital was born from a simple mission:
to help hardworking business owners step away with dignity, legacy, and peace of mind.
Sell Your Business Privately. Legacy Preserved.
We acquire small, profitable businesses from owners ready to step back—or step aside—without the headache of brokers, bankers, or complicated terms. If you're seeking a no broker exit or interested in creative seller financing, we offer founder-friendly solutions with care and speed.
Our model offers:
Whether you're seeking retirement, reinvestment, or relief from operational burdens, Altenbruck Capital delivers discretion, speed, and structure you can trust.

“From Mops to Mission: A Quiet Exit for a Quiet Giant”
The Situation:
After 32 years in business, the owner of a 25-person commercial cleaning company in Eau Claire, WI wanted out—but didn’t want to shut the doors, sell to a competitor, or trigger panic among long-term clients.
The Concerns:
The Altenbruck Solution:
The Result:
“I didn’t want a billboard exit. Altenbruck made it quiet, fair, and human.”
—Former Owner, Commercial Cleaning Co.

“The Numbers Made Sense—So Did the Exit”
The Situation:
A solo CPA in Topeka, KS was serving 600+ individual and small business clients, generating solid SDE but no clear succession. Retirement was looming. No internal successor. Didn’t want to sell to a regional firm that would gut the book.
The Concerns:
The Altenbruck Solution:
The Result:
“I got full value—and didn’t have to sell my clients to the highest bidder.”
—Former Owner, Midwest CPA Firm
"I started out working on cars and trucks back in high school out of our two-stall detached garage at home. I got lucky, made a few good decisions along the way, and by the time I sold, I had seven employees working in a four-lift shop here in Nebraska. When Altenbruck first explained their structure, I almost walked — I figured selling meant one big check upfront. But my lawyer looked it over and told me, ‘This actually protects you.’ He was right. Now I get steady monthly retirement checks, my crew is still on the payroll, and the shop still carries my name. What I didn’t expect was Altenbruck’s marketing team stepping in. They brought in new accounts and boosted revenue so much that I’ll actually end up taking home more than my original asking price. For me, it couldn’t have worked out better." - Former Owner, Auto Repair Shop

If you think “zero down” means we’re not invested — you’ve bought into a dangerous myth.
Our model isn’t about avoiding risk. It’s about aligning risk. We don’t gamble with liquidity or chase deals on leverage fumes. Instead, we structure each transition to protect the seller, the business, and the future — in that order.
When we say zero down, we’re not saying “we have nothing to lose.”
We’re saying our risk is tied to performance, not promises.
Most traditional buyers walk away the moment the ink is dry. We stay tied to the business — because our structure demands it. We only succeed if the business thrives after you’re gone. That’s not a loophole — that’s real alignment.
Seller financing. Earnouts. Tiered payouts. Operational KPIs.
Every tool we use is built to incentivize continuity, minimize disruption, and reduce your exposure — not ours.
Anyone can cut a check.
Very few are willing to stay accountable after the fact.
Please reach us at david.penrod@altenbruckcapital.com if you cannot find an answer to your question.
Yes, but that doesn’t mean you’re giving anything away. You still get your full price, just over time — usually with interest — and you stay protected with a legal lien on the business, the same one banks use. It’s a smart way to turn what you’ve built into monthly income instead of a one-time check.
We don’t ask for blind trust. Every deal is handled by licensed attorneys, fully written out, and reviewed by your own lawyer. You keep a legal claim (UCC-1 lien) on the business until you’re fully paid. You don’t lose control — you gain steady income with full protection.
They’re not wrong that it’s different — they’re just used to bank-financed sales. Our structure follows the same laws banks use, but without their red tape. It’s 100% legal and designed to protect you while keeping your business local and your legacy intact.
Think of it like selling your business on payments, just like folks sell farmland or equipment. We sign a note, you keep a lien on the business, and we make monthly payments with interest until you’re paid in full. You’re not a lender; you’re just earning what a bank would have.
The first payment starts the month after closing. Payments are automatic, same day every month, and spelled out clearly in the contract — no surprises, no waiting.
Everything is handled by licensed professionals, in writing, and verified through state filings. You can see the lien publicly recorded. You don’t pay anything upfront, and you can walk away anytime before signing if it doesn’t feel right.
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