COMMON SCENARIOS
Retirement
John, owner of People First Inc., was thinking about the next chapter of his life. He had spent 32 years running his services company, which he grew from one group home to 12. His daughter, Sarah, showed interest in taking over the family business. Sarah knew of the incredible effort her father had put into People First, and John knew that the individuals he supported would be in the best hands with his daughter. Unfortunately, John was not in a financial position to give Sarah the business if he wanted to retire. Luckily for John, he contacted Truss.
Truss proposed to purchase the People First real estate and immediately lease it back to Sarah. This was a win-win for John. He was able to take the proceeds from the real estate transaction and start his retirement. He was also able to sell the services portion of the business to Sarah, which gave him the peace of mind he was seeking.
Truss will purchase your real estate and allow you to decide how to control your operations. We understand that client care is your expertise, so let us handle the real estate while you handle the services or start the next phase of your life.
Supporting More People
Bridges MN is known for supporting Minnesota’s most vulnerable population and transitioning individuals to the most independent living setting. Bridges has to think outside the box by individualizing locations to ensure success for their residents. In doing so, real estate became the largest hindrance to helping those who need it most. Not only did the capital requirement cause challenges, but maintaining the properties became a full-time cost center for Bridges. Bridges quickly realized that access to additional capital was the only way to continue their mission.
By partnering with Truss, Bridges was able to streamline their strategy. In early 2019, Truss purchased 20 homes in the Bridges portfolio and leased the facilities back to Bridges. This allowed Bridges the ability to acquire more locations through a small acquisition of another company and through organic growth. In the first eight months of the partnership, Truss acquired an additional 25 locations on behalf of Bridges.
Truss will purchase your real estate, as we did for Bridges MN, allowing you to focus on helping more individuals.
Acquisition Financing
Kristin started Ability Inc., a disability services provider, just over 10 years ago. She now owns 19 homes and supports 80 individuals. While Kristin is not thinking about retirement yet, she is looking to start a college fund for her three children. Growing her wealth hadn’t been on the radar until kids came along.
Kristin had no interest in selling the operations of her business. When she contacted Truss, we knew we had the right solution for her. We proposed that we purchase 10 homes from Ability Inc. and lease them back to her. Kristin now had an influx of capital that she could take and invest elsewhere. She was able to start a college fund for her children, and she diversified even more by investing in stocks and bonds. Kristin now has the peace of mind to focus on her family and business while her investments work for her in creating opportunity for the next generation.
Truss can help give you the freedom to invest your capital as you see fit.
Property Management
Bill spent years growing Sunrise Homes Inc., a disability services provider to 12 homes. The stress of trying to maintain and manage all of them was distracting him from focusing on the important daily goals of care delivery. He wanted the freedom to focus on impacting the lives of the people he supports.
Bill contacted Truss in hopes of finding a solution to help him manage the properties. Supporting individuals with intellectual and developmental disabilities takes dedication and energy. It was important to him to partner with a company that knew this and lived it, so that he could focus on providing care and avoid the headaches of property management.
By working with Truss, Bill was able to solve this problem. Partnering with Truss will allow you to focus on what your passion is. You are the expert on care. Let us take away the headaches of property management.
Diversification
Jim started Goals to Growth Inc., a disability services company, after seeing a need for improvement in the industry as he watched his cousin move from location to location hoping to find a stable setting.
After five years, an opportunity came up for Jim to regionalize his model by purchasing a well-respected disability company called Supported Strength, which he had known of for years. Until now, he had grown Ability organically, so acquiring Supported Strength was a large endeavor.
He could see the potential, but he could not afford to make it happen. When Jim partnered with Truss, they stepped in to purchase the real estate, which allowed him the opportunity to acquire the services and operations.
Truss was able to provide an acquisition financing solution for Jim. This allowed him to continue the mission of helping people like his cousin. Let Truss do the same for you. You have the vision. We can get you there.