Buyer Profile
Megan Leitch and Jay Haugen | Pittsburgh, PA
Seeking to acquire a small business in Western PA
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We are experienced professionals with complementary technical, operational, and business backgrounds, seeking to buy and personally operate a regional business in Western Pennsylvania. Both U.S. Air Force veterans, we bring a commitment to our community and the discipline to lead organizations through change. We are not financial buyers — we plan to be hands-on owners who are present, engaged, and invested in the long-term success of the business and its people.
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We approach this purchase with the following priorities:
• Stability for employees and customers through transparent communication and a commitment to retention. The established team is a core asset, and customers are not taken for granted – we’ll learn from them to keep them.
• A succession plan co-designed with the current owner that accounts for their desired level of continued involvement and time/effort needed to transition relationships and knowledge.
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Industry & Business Type:
• Primarily B2B technical and/or physical services, manufacturing, assembly, and/or distribution
• Companies serving the water and environmental sector or the power and electrical sector are of particular interest given our backgrounds
• Established business with 10+ years of operating history and a demonstrated track record of profitability
• An owner-built team with technical expertise, strong customer relationships, and documented processes who can provide continuity and grow with us
Geography: Ideally operating in Southwest PA
Financial Parameters:
Contact us to discuss. We are prepared to fund acquisitions through a combination of personal equity, SBA 7(a) financing, and seller financing where appropriate. We do not plan to use outside investors, nor will we need a lengthy institutional approval processes. We are serious buyers who can move efficiently through diligence and are committed to closing.
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Megan Leitch — Majority Owner
Megan is a Pittsburgh transplant committed to serving and growing a business in this region. She brings a rare combination of technical depth, executive strategy experience, and front-line operational leadership honed across the military, academia, and the private sector.
• USAF Civil Engineer, Officer — deployed to Iraq, Afghanistan, and other overseas locations for engineering and heavy construction missions
• PhD, Civil & Environmental Engineering, Carnegie Mellon University (water treatment membrane research); B.S., Mechanical Engineering, Yale University
• Consultant, McKinsey & Company — led teams supporting industrial companies and utilities in strategy and operations excellence; led the firm's water management and stewardship client service solutions
• VP of Corporate Development, Sylmar Group — a water-sector services holding company
• Founder & Sole Proprietor, Leitch Research LLC — technical and strategic consulting practice
• Board Memberships: Pittsburgh Water and the Environmental Charter School
Jay Haugen — Minority Owner (Advisory)
Jay brings extensive product management and P&L experience at a large industrial company, combined with the operational discipline and team leadership of a military officer. He will provide strategic advisory support and grow into a more active ownership role over time.
• Product Manager, Eaton Corporation — manages $600M+ revenue in the Electrical Services division. Innovator who holds 2 US patents.
• USAF Civil Engineer, Officer — multiple wartime deployments
• MBA, Tepper School of Business, Carnegie Mellon University; B.S., Electrical Engineering, University of Wisconsin
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We are flexible and open to structures that work for sellers, including:
• Seller financing or partial seller carry
• Earnout provisions tied to post-close performance
• Equity rollover for sellers who wish to retain a minority stake
• Extended transition and consulting arrangements for businesses that would benefit from continued owner involvement
• Incentive structures such as Management Equity Plans or Profits Interests for employee leaders who are integral to the successful transition and growth of the company