Nerone & Silva

Acquiring and Growing Exceptional Rhode Island-Based Businesses

A dedicated entrepreneur committed to preserving legacies and driving sustainable growth.

About Me / Our Approach

My Family Photo

Hello, I'm Joe Nerone. As a lifelong resident of Rhode Island and now raising my own young family in the state, I am dedicated to acquiring and operating an exceptional small to medium-sized business right here within our community. My motivation to acquire a business stems from a desire to build a lasting legacy for my family, provide a strong example for my children, and create modest, long-term wealth. Unlike traditional private equity firms, I seek to fully immerse myself in the acquired business, working alongside the existing team to build upon its success.

With almost 15 years of experience spanning operational strategy, capital raises, and M&A transactions, I bring a unique blend of strategic insight and hands-on leadership. My background includes co-leading significant capital raises and refinancing efforts, developing comprehensive financial models, and driving efficiencies across complex portfolios. My approach is rooted in partnership, integrity, and a deep respect for the legacy you've built. I am not looking for a quick flip; I am looking for a business to call home and grow for decades to come.

Investment Criteria

I am actively seeking profitable, well-established businesses with strong fundamentals. While I am industry-agnostic, certain characteristics make a business particularly attractive.

  • Target EBITDA: $750K - $3M
  • Geographic Preference: Rhode Island
  • Established History: Operating for at least 15 years
  • Key Characteristics:
    • Consistent profitability and positive cash flow
    • Strong, defensible market position or niche
    • Recurring revenue streams (preferred)
    • Key employees willing to transition
    • Opportunities for organic growth
    • Owner looking for a full exit or phased transition

For Business Owners

Selling a business is a significant decision, and I understand the importance of finding the right steward for your company and its employees. My commitment is to a confidential, transparent, and efficient acquisition process.

I offer a direct path to a sale, free from the complexities and multiple layers often associated with larger institutional buyers. My goal is to ensure a smooth transition that honors your legacy, supports your employees, and continues the success of the business you've worked so hard to build.

If you are considering retirement, pursuing new ventures, or simply looking for a trusted partner to take your business to its next stage, I would be privileged to discuss your objectives in strict confidence.

Get In Touch

I welcome confidential conversations with business owners, brokers, and advisors.