Castlewood Legacy Partners is dedicated to acquiring a single great business, preserving its legacy, and building upon its success for the long term.
Investing in Legacy | Operating with Purpose | Guided by Integrity
What We Look For
We are seeking to acquire one exceptional business with a track record of profitability, a loyal customer base, and a strong team. Ideal companies generate $5–$10 million in revenue, operate in resilient industries, and have room for long-term growth. We prioritize businesses where owners are seeking a thoughtful transition and care deeply about preserving what they’ve built.
Who We Are
Castlewood Legacy Partners is an investment firm founded by two long-time friends. With backgrounds in the U.S. Air Force, management consulting, Big Four auditing, and M&A advisory, we bring a hands-on, values-driven approach to ownership. Our goal is to acquire and operate one great business with care, focus, and long-term commitment.
Partner With Us
We partner with owners who care deeply about their company’s people, culture, and legacy. Our process is personal, confidential, and tailored to meet each seller’s unique goals. As long-term owner-operators—not financial engineers—we’re committed to stewarding one great business with integrity, and to honoring the transition you’ve worked hard to earn.
Industry Profile
Industry-Agnostic: Castlewood Legacy Partners is open to investments across various sectors without specific industry preferences.
Attractive growth outlook
Minimal external forces and cyclicality
Significant addressable market serving a niche
What We Look For
Business Profile
Revenue: $5 - $ 10 million
EBITDA (Profit): $750K - $2 million
Margin: 10 - 25%+ preferred
Customer Base: B2B Recurring or repeat revenue preferred
We typically avoid brick-and-mortar retail, restaurants, or businesses with heavy customer concentration
Seller Profile
Majority owner of business
Looking to retire or reduce involvement
Values a long-term successor over a quick financial exit
Wants to see the team, culture, and customers in good hands
Open to a smooth transition of leadership
Castlewood Legacy Partners is an investment firm founded by two long-time friends and operators with deep roots in Southern California. With backgrounds spanning the U.S. Air Force, McKinsey, EY, and M&A advisory, we bring a hands-on, values-driven approach to business ownership.
We are not private equity. We are long-term owner-operators who will dedicate ourselves full-time to one exceptional business. Our goal is to build upon the legacy you’ve created—with care, purpose, and commitment to your team, customers, and culture.
Who We Are
Noah Cho – Managing Director
Noah is a mission-driven operator and co-founder of Castlewood Legacy Partners. His professional journey—from leading military budgets to advising industry executives—reflects a lifelong commitment to service, discipline, and thoughtful leadership.
As a U.S. Air Force officer, Noah managed a $1.35 billion modernization portfolio at Kessel Run, the Air Force’s premier software innovation unit. He also supported global air missions by leading financial operations for a major airlift base. After active duty, he joined McKinsey & Company, where he advised a major industrials client on procurement transformation. These experiences shaped his operator-first mindset and deep respect for mission-driven organizations.
Noah earned his MBA from The Wharton School and a BA in History from Yale University. Outside of work, Noah enjoys spending time with his wife and two corgis, teaching chess as an after-school instructor, and working on his golf game.
Brandon Chung – Managing Partner
Brandon is a finance and M&A professional with a track record of helping business owners and software founders achieve successful outcomes. As co-founder of Castlewood Legacy Partners, he brings expertise in deal execution, financial modeling, and long-term value creation.
Originally from Orange County, Brandon began his career at Ernst & Young, auditing Fortune 500 companies across biotech, medtech, and software. He later joined Software Equity Group, a leading middle-market B2B software investment bank, where he advised on more than $650 million in closed transactions. He partnered directly with founders and strategic buyers to position companies for growth across healthcare, logistics, education technology, and more. Brandon is passionate about building lasting businesses, not just selling them.
He holds dual degrees in Accountancy and Finance from the University of San Diego. Outside of work, Brandon enjoys golf, watching Laker games, and traveling.
Partner With Us
Selling your business is one of the most important decisions you’ll ever make.
We understand the weight of that choice and approach it with the respect it deserves. At Castlewood Legacy Partners, we lead with integrity, operate with discretion, and prioritize a process that’s efficient, transparent, and built on trust.
Our goal is to honor the legacy you’ve built—and ensure it’s in good hands for the next chapter.
