Off-Market Memo

The deals worth owning never hit the market.

Join 250+ qualified buyers receiving actionable, off-market acquisition opportunities every week. No broker. No auction. No noise.

Every Wednesday

Delivery cadence

$3M–$40M

EBITDA focus

Off-market only

Source type

Verified buyers

Access requirement

Recent Opportunities

Recent off-market opportunities you already missed.

These deals never hit the market. They were sourced directly from owners, qualified by our team, and delivered to verified buyers before any formal process began. Access requires approval.

01
Residential Home Services Platform·Northeast Florida

Scaled multi-trade residential platform with five service lines, PE-experienced ownership, and earnings accelerating toward a $10M+ EBITDA run-rate.

TTM Revenue

$55M

TTM EBITDA

$8M

EBITDA Run-Rate

$10M+

Seller Exit

100%

Buyer fit: Home services platforms, infrastructure PE, strategic acquirers seeking residential scale

02
QSR Franchise Platform·Northeast US (NY, CT, MA, RI)

70-unit quick service restaurant platform with above-system AUV, embedded real estate, and a 35-year operating track record. President staying post-close.

2024 Revenue

~$116M

2025 Revenue

~$111M

AUV

~$1.7M

Real Estate

5 Fee Simple

Buyer fit: Larger franchisees, family offices, experienced restaurant operators, regional consolidators

03
Multi-Site Orthopedic Practice·Florida (Statewide)

10-location orthopedic and injury-focused medical practice with exceptional EBITDA margins, referral-driven patient acquisition, and near-term same-asset upside.

Revenue

~$5.2M–$5.3M

EBITDA

~$4.3M

EBITDA Margin

~80%+

Locations

10 Active

Buyer fit: Orthopedic platforms, MSOs, physician practice groups, healthcare-focused PE

04
Electrical Contractor·Greater Boston, MA

Established electrical contracting business with a 48–50-person field team, zero debt, and consistent EBITDA generation across commercial and residential work.

Revenue

$23M–$25M

EBITDA

$2.5M–$3.0M

Debt

None

Field Team

48–50 People

Buyer fit: Specialty trade platforms, infrastructure PE, regional electrical consolidators

05
HVAC & Plumbing Platform·Maryland

Owner-independent HVAC and plumbing platform with owned real estate, strong projected revenue growth, and $1M+ EBITDA — fully operationally de-risked.

Projected Revenue

$4M–$5M

EBITDA

$1M+

Real Estate

Owned

Owner Dependency

None

Buyer fit: Home services platforms, trade service roll-ups, regional HVAC operators

06
Independent Real Estate Brokerage·New Jersey

High-volume independent brokerage with $850M+ in 2025 sales volume, 1,000+ annual transactions, and a proven $1.9M adjusted EBITDA base.

2025 Sales Volume

$850M+

Annual Transactions

1,000+

Adj. EBITDA

$1.9M

Buyer fit: Real estate platforms, franchise operators, PropTech-backed consolidators

Inside Each Memo

What's inside each Off-Market Memo

Curated off-market deals

Anonymized acquisition opportunities sourced through direct owner outreach, proprietary sourcing, and live seller conversations.

Financial-first deal snapshots

Revenue, EBITDA, margin profile, geography, seller motivation, transaction structure, and buyer fit presented in a fast-read format.

Why serious buyers care

Each deal includes the actual investment angle: moat, growth levers, platform potential, diligence questions, and likely acquirer universe.

Direct next-step pathway

If a deal fits your mandate, request more information. We confirm buyer fit, coordinate NDA where appropriate, and facilitate the next step only when there is mutual alignment.

Selective Access

Built for buyers who can actually close

The Off-Market Memo is intentionally gated. Sellers trust us because we do not blast sensitive opportunities to unqualified lists. Buyers receive better access because every subscriber is screened for capital, mandate fit, and transaction readiness.

Private equity firms targeting control investments in the lower middle market.
Family offices with direct acquisition mandates and patient capital.
Strategic acquirers seeking proprietary add-ons, platform expansions, or category entry points.
Independent sponsors with committed capital or credible funding partners.
Holding companies and search funds with defined acquisition criteria and execution capability.

Not for

Brokers or intermediaries representing buyers
Passive investors without acquisition mandates
Students or researchers without capital
Uncapitalized searchers without committed funding
Buyers without a defined mandate or buy box

Process

How access works

01

We source and qualify

We identify owner-led companies through direct outreach, relationship-driven sourcing, and proprietary deal origination. Before a deal appears in the Memo, we review seller motivation, basic financial profile, buyer fit, and confidentiality constraints.

02

You receive the weekly memo

Qualified buyers receive concise, financial-first deal snapshots. Company names and identifying details remain protected until there is demonstrated fit and mutual interest.

03

You raise your hand

If a deal matches your buy box, you request more detail. We validate fit, route next steps, and facilitate a direct NDA-gated introduction when appropriate.

Request Access

Apply for access to the Off-Market Memo

Access is not automatic. We review each submission to confirm mandate fit, capital readiness, and alignment with the opportunities we are actively seeing.

We review each request manually. Access is reserved for buyers with a clear mandate, credible capital source, and a fit for the opportunities we are actively seeing. Deal details remain anonymized until mutual interest is confirmed.

DJ Panfili, Founder & CEO of Deal Flow Advisory

From the Founder

“Most buyers see companies only after they have already been packaged, shopped, and bid up. We built Deal Flow Advisory to find owners earlier, understand what they actually want, and route the right opportunities to the right buyers before a formal process begins.

The Off-Market Memo is the public-facing edge of that private deal desk. It is not a marketplace. It is not a broker blast. It is a curated signal for buyers who know exactly what they want and can move when the right company appears.”

DJ Panfili

Founder & CEO, Deal Flow Advisory

FAQ

Common questions

Get Access

Stop waiting for investment bankers to send you deals.

Request access to the Off-Market Memo and get actionable, off-market acquisition opportunities before they become broadly distributed.

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Exit Readiness Assessment

Apply to speak with a DealFlow Senior Advisor