Ashcroft Holdings·Portland
A Pacific Northwest commercial services crew at an office park in the early morning.

A permanent home for well-run businesses in the Pacific Northwest.

Ashcroft Holdings acquires and operates commercial service businesses in and around Portland, Oregon. When an owner we partner with is ready to step away, we commit to preserving what they built, the team, the customers, the name above the door, and running it well for decades to come.

Selling your business

A decision about legacy, not a transaction.

Selling a business you have built is not easy. We know how much of your life you have invested in it.

Most of the buyers calling you today are private equity funds on a five to seven year exit clock, or national consolidators that fold your business into someone else's brand. Neither is inherently wrong. Neither is what we do.

We buy one business at a time, with our own committed capital, and we hold it. We honor seller notes. We honor earn-outs. We keep the name on the door and the team in their jobs. If you have given real thought to what happens to your employees, your customers, and the reputation you built, we would like to have that conversation with you.

Start a conversation

What we buy

Four commercial service verticals, Pacific Northwest.

  • 01

    Commercial pest control

    Route-based operators with recurring contracts, long-tenured crews, and a book of commercial properties. We value density and renewal rates above all.

  • 02

    Commercial landscape maintenance

    HOA, multifamily, office park, and municipal books. Contract-driven maintenance, not project-driven construction. Seasonal rhythm is a feature, not a problem.

  • 03

    Commercial cleaning & janitorial

    Contracted routes into offices, healthcare, retail, and industrial facilities across the PNW. Night crews, day porters, and specialty work all welcome.

  • 04

    Tree service

    ISA-certified arborist operations serving commercial, municipal, and HOA accounts. Recurring pruning and inspection work is the core, storm response is the upside.

Who we're looking for

The shape of a business that fits us.

Revenue
$1M to $10M
SDE / EBITDA
$500K to $1.5M
Customers
Primarily commercial
Geography
100 miles of Portland
Seller
Staying on three to five years
Team
In place, staying on

Thoughts

Quarterly notes from Portland on buying and operating service businesses.

The first essay is in draft. Subscribe below to receive it when it publishes.

Who we are

Ashcroft Holdings is a Portland-based holding company, run by Luca Doan, that acquires and permanently holds service businesses in the Pacific Northwest. Capital is committed by a private group of investors who share the conviction that durable businesses deserve patient owners.

Stay in touch

Quarterly notes from Portland.

One letter every three months.

Short notes on buying and operating service businesses in the Pacific Northwest. No more, no less.