B2B services
Durable service businesses serving businesses with repeat demand and long-term customer relationships.
What We Look For
We acquire small businesses and lower middle market acquisitions where patient, operator-led investment can strengthen operations and preserve customer relationships.
IT services and software
Practical technology-led providers with real customer outcomes and defensible delivery capabilities.
Government and public-sector services
Mission-critical service offerings with strong compliance, process rigor, and steady need.
Managed services
Recurring, support-driven models that improve outcomes through continuous monitoring and accountability.
Niche operating businesses
Specialized operators with expertise that matters, not just general-purpose contractors.
Recurring or repeat revenue
Business models with repeatable delivery and predictable customer retention.
Strong customer relationships
Teams and systems that earn trust over time and create value for clients.
Owners seeking succession or retirement
Partners who want continuity, fair value, and a clear long-term plan for employees and customers.
Revenue range
$1M–$10M
EBITDA/SDE range
$250K–$2M
Geography
United States, with preference for businesses that can be managed remotely or regionally.
Real Estate and Sharia-Compliant Screening
Alongside operating companies, we acquire income-producing property in a focused set of target submarkets. These assets are held and managed under Sharia principles, and the same screen applies when an operating business owns or leases real estate.
Permissible use
No property or tenant whose primary business is alcohol, pork and other non-halal food, gambling, adult entertainment, tobacco, or conventional interest-based lending. Use restrictions are written into leases.
Interest-free capital structures
Equity and profit-and-loss sharing first, with murabaha, ijara, or diminishing musharakah structures where financing is needed instead of conventional interest-bearing debt.
Income-producing, tangible assets
Stabilized or improvable commercial and mixed-use property where returns come from rent and operations rather than speculation.
Focused target submarkets
A defined set of U.S. submarkets we know well, so screening, leasing, and management can be handled with real local knowledge.
Long hold periods
Assets underwritten to be held and improved over years, with capital plans that protect tenants and neighborhood standing.
Ongoing compliance review
Screening applies at acquisition, at every new lease, and on a recurring review cycle, with documentation partners can inspect.
Owners and investors looking for an asset management partner that applies these screens consistently are welcome to start a confidential conversation. Screening reflects SHBAA’s own investment policy, applied with qualified advisors, and is not investment, tax, or religious advice.
Transaction types
Majority acquisitions, owner transitions, seller rollover equity, and long-term operating partnerships aligned with business succession and long-term ownership.
