Preserving your leacy | Empowering your people | Leading the next chapter
Ownership Transition With A Purpose: Choose A Successor You Can Trust
White Barn Ventures is an entrepreneur-led partnership dedicated to acquiring a single, high quality company, providing the long-term commitment and disciplined management required for future success
MEET WHITE BARN VENTURES’ FOUNDER
ANDREW CLARK
I grew up outside Philadelphia, Pennsylvania with my parents, Jonathan and Shari, and my younger brother, William. I spent my childhood on the tennis court, competing at the national level, which taught me how to perform under pressure, manage my time, and work through adversity
I began my career in finance and operations roles at two private equity-backed, publicly traded energy companies, Sprague Energy and OPAL Fuels. I’ve led capital formation and strategic transaction efforts, raising $1.0 billion in aggregate capital across debt and equity financing, while executing multiple acquisitions and directing the integration of acquired businesses into existing operations. Along the way, I’ve built strong leadership and people management skills at every level of an organization, managing a team of ten, setting priorities, delegating work, and driving accountability for results, while partnering closely with senior management to align stakeholders and navigate complex organizational dynamics
I founded White Barn Ventures to find a single exceptional business to own and operate for the long term. I bring respect for what has already been built, a focus on people and culture, and a commitment to steady, purposeful growth. My personal and professional experiences have prepared me to lead with clarity, empathy, and discipline
I hold an MBA from the Tuck School of Business at Dartmouth and a BA in Economics and Government and Legal Studies from Bowdoin College. In my free time, I enjoy grilling steaks, reading historical non-fiction, playing golf, and cheering on my Philadelphia sports teams
ABOUT THE NAME
White Barn Ventures is named in honor of my father, Jonathan Clark, who passed away in April 2022. He grew up in Sanford, Maine, and some of my most meaningful family memories are of our annual Christmas trips to Kennebunkport, Maine, where we stayed at the White Barn Inn. The name reflects both his Maine roots and the traditions we shared as a family. It’s a tribute to the hardest-working, most intelligent, and loyal man I have ever known, my greatest supporter, and a lasting source of inspiration. Through White Barn Ventures, I hope to carry forward his values, honor his memory, and build something that would make him proud
THE VISION
Somewhere out there is a small business owner who has spent a lifetime building their company and now needs to hand it to someone they trust. That handoff matters. It isn’t just a financial transaction, but rather a transfer of responsibility for employees’ livelihoods, for customer and supplier relationships, and for an owner’s legacy. White Barn Ventures takes that responsibility seriously and intends to honor it, not by preserving the business in amber, but by giving it the energy, discipline, and long-term thinking it needs to keep growing — the continuity of a steady home paired with the entrepreneurial drive the next chapter requires
OUR COMPETITIVE ADVANTAGE
White Barn Ventures is an owner-friendly alternative to traditional private equity, focused on disciplined, long-term growth rather than short term financial returns
Our Focus
We will dedicate all our time, energy, and resources into preserving your legacy and leading the company’s next chapter
Our Objective
We will build on what the company has accomplished and grow the company for the long-term, creating lasting value
Your Employees
Your employees are the priority and the most critical factor for future success. We want to empower them for the future
Your Transition
Your transition must be handled with care, and we will tailor the process to meet and exceed your needs, goals, and expectations
WHAT WE LOOK FOR
No company will check every box. What matters most is solid business fundamentals, strong customer relationships, dedicated, tight-knit team, and motivated owner
Consistent Cash Generation
Businesses with demonstrated financial stability and consistent cash flow generation, showing resilience across market cycles
Attractive Market Dynamics
The industry large, growing, and highly fragmented, with no single player commanding significant market share
Exceptional Leadership and Culture
Founder or family-led company that has built strong organizational culture and seeking a successful, collaberative owner transition
Loyal Customer Relationships
Companies with strong customer retention, low concentration and established market presence that drives inbound demand
OUR COLLABERATIVE PROCESS
Every business and owner is different. We can move efficiently when circumstances allow while giving you the time and information needed to make the right decision
01
PRIVATE CONVERSATION
30 minutes
A confidential conversation about you, your business, and what matters most in a transition. We’ll determine whether there may be a mutual fit
02
LEARN THE BUSINESS
1 to 3 weeks
We will meet in person, learn how the business operates, and develop an initial view of value, structure, and transition priorities
03
LETTER OF INTENT
5 to 10 days
Andrew will present a clear, non-binding proposal covering price, structure, timing, and transition. You decide whether to move forward
04
DILIGENCE & CLOSING
2 to 4 months
Andrew will confirm the key details, finalize financing and legal documents, and coordinate closely with you and your advisors
Andrew will step in as sole owner and operator, with the hope that you remain with the company for a six to twelve month transitionary period to pass along your invaluable knowledge
MY DEDICATED TEAM OF ADVISORS
White Barn Ventures is supported by a small, dedicated group of experienced investors, entrepreneurs, and former operators who are committing their time, expertise, and capital to help lead one great company through its next chapter
MICHAEL MILLIGAN
Former CEO
Axel Johnson Inc
JONATHAN MAURER
Co-CEO
Opal Fuels
TAJ BINDRA
Former EVP
J.P Morgan
ANN ANTHONY
CFO
ONE Nuclear
RALPH CHO
Co-CEO
Apterra Infrastructure
MARK ANDEREGG
CEO
Newbury Franklin
Frequently Asked Questions
What types of companies is White Barn Ventures targeting?
White Barn Ventures is open to a range of industries and business models. No company needs to check every box. What matters is a solid business foundation, enthusiastic team, loyal customers, and a motivated owner.
How long does the process take?
From initial conversation to ownership transition, the process typically takes 4 to 6 months, including time for diligence, financing, and structuring a plan that works for both parties.
Does White Barn Ventures have the capital?
White Barn Ventures has the committed capital from a group of investors backing the search process, plus access to acquisition financing with several lenders. White Barn Ventures is equipped to move forward once terms are agreed upon.
What happens to my employees?
Retain the team is a priority! Andrew is stepping in to run and grow the company for the long term and the team’s commitment and loyalty is a critical factor.
What will be my and Andrew’s roles be moving forward?
Andrew will become owner-operator, running the business on-site full-time. Your knowledge of the company is invaluable and Andrew hopes you remain with the company for a six to twelve month transitionary period to pass along your knowledge and possibly serve as a member on the Board of Directors.
Let`s Talk
Relationships Begin With A Single Conversation
White Barn Ventures Is Eager To Hear From You and Answer Your Questions
Email: [email protected]
Phone: 610-888-2620
