Fundraising FoxSpruce Legacy Partners
Montclair, US · Founded 2024 · Delaware LLC · 1 known investors
Find your way into Spruce Legacy Partners
Spruce Legacy Partners is a search fund that aims to acquire and personally operate a single established small business (10+ years old, $2M+ EBITDA) for the long term while preserving its legacy and workforce. It positions itself as an alternative to private equity and strategic buyers for owners looking to sell their business.
Founders & leadership
Spruce Legacy Partners was founded in 2024 by Edward Silberman, Robert Mueller, Ted, and Rob.
Investors · 1
Reported raises · per SEC filings
Form D private placements$952K disclosed across 1 round · 2024
▶$952KraisedSep 2024 · 19 investors · InvestingRule 506(b)
▶$952KraisedSep 2024 · 19 investors · Investing
Rule 506(b)Officers, directors & promoters on the filing
- Edward SilbermanExecutive Officer, Director
- Robert MuellerExecutive Officer, Director
- Offering amount
- $952K
- Amount sold
- $952K
- Proceeds to insiders
- $700K
- First sale
- Sep 2024
- Incorporated
- Limited Liability Company, Delaware, 2024
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Frequently asked questions
- What does Spruce Legacy Partners do?
- Spruce Legacy Partners is a search fund that aims to acquire and personally operate a single established small business (10+ years old, $2M+ EBITDA) for the long term while preserving its legacy and workforce. It positions itself as an alternative to private equity and strategic buyers for owners looking to sell their business.
- Who founded Spruce Legacy Partners?
- Spruce Legacy Partners was founded by Edward Silberman, Robert Mueller, Ted, Rob in 2024.
- Who are Spruce Legacy Partners's investors?
- Spruce Legacy Partners's investors include Relay Investments.
- How much funding has Spruce Legacy Partners raised?
- Spruce Legacy Partners has disclosed $952K raised across 1 round.
- Where is Spruce Legacy Partners headquartered?
- Spruce Legacy Partners is headquartered in Montclair, US.