Our approach
We acquire and operate.
Skyline Partnership pursues two routes — traditional acquisitions, and distressed or special situations — and works hands-on in both.
Two routes
Traditional acquisitions
We acquire and operate essential, non-discretionary businesses, with a particular emphasis on the home services sector — the services people and businesses cannot put off.
- Essential, non-discretionary demand
- Home services on the West Coast
- Small to middle market, EBITDA negative to $4M
Distressed & special situations
We actively pursue turnarounds, ownership transitions, and businesses in need of operational repositioning, where aggressive hands-on leadership can restore and unlock long-term value.
- Turnarounds
- Ownership transitions
- Operational repositioning
How we work
Both partners have hands-on operating experience. That lets us work alongside management on day-to-day execution as well as long-term strategy.
01
Hands-on operators
Both partners have hands-on operating experience. Michael and Aashish are actively involved in leading their portfolio company.
02
Alongside management
We work alongside management on day-to-day execution as well as long-term strategy.
03
Quick and decisive
That operating experience lets us move quickly and decisively in complex situations.
What we look for
We're opportunistic. The profile below is where we focus.
Type
Essential, non-discretionary
Focus
Home services
Geography
West Coast
Scale
Small to middle market
EBITDA
Negative to $4M
Situations
Turnarounds & transitions
In practice
Cardinal Heating & Air Conditioning
A middle-market residential and light commercial HVAC, plumbing, and electrical services company based in the Seattle area. Skyline acquired Cardinal out of a distressed situation and has led its operational turnaround.
Podcast
First-Timer Buys a $15m Business in Distress
Michael on Acquiring Minds about the Cardinal acquisition and turnaround — September 2026
- Sector
- HVAC, plumbing, electrical
- Market
- Residential & light commercial
- Location
- Seattle area
- Scale
- Middle-market
- Situation
- Distressed acquisition
- Status
- Operational turnaround
Contact
Selling a business, or interested in working with us?
michael@skylinepartnership.com© 2026 Skyline Partnership