Backing the businesses that keep Australia moving.

second acts for enduring Australian businesses

Ink and watercolour drawing of a truck-body fabrication shop: a trailer chassis in the foreground, welders under a gantry crane, a line of finished bodies, and an operator walking onto the floor.

same line, new hands new owner, first week in work

Sandmark Capital backs enduring Australian SMEs through succession: partnering with exceptional operators, protecting teams and legacy, and building what’s next with fresh energy and technology.

Choose your door

I own a business You built something real. We’ll help it last. I’m an operator Own a business that already works. I’m an investor Back the backbone of Australian industry.

500+ investors in the TEN13 network

$130m+ deployed

60+ companies backed

Second acts, done properly.

Great Australian businesses don’t fail. They get stuck at handover. We help retiring owners transition confidently, and we back operators to acquire and grow niche manufacturers and B2B services.

Respect the legacy	We protect what’s been built: reputation, customers and culture. The name on the shed stays on the shed.
Keep the team	Continuity matters. We back transitions that retain staff and capability, because the people are the business.
Build for the future	Better systems, better execution, modern technology, without losing what makes the business work.

Where we buy

Profitable, trusted, under-digitised. Niche manufacturers and the B2B services their customers can’t do without. If the town would notice the business closing, it is the kind of business we back.

Size	Established businesses with real margins and a team already in place
Owner	Ready for succession and wanting the team and name kept
Uplift	Systems, reporting and AI workflows the business hasn’t had the hands to build

niche manufacturing

Garage doors, truck bodies, fabrication, components. Things that are made once and maintained for decades.
healthcare services

Allied health, clinics and practices where the founder is the brand and the roster is the business.
HVAC and building services

Mechanical, electrical and fire. Recurring service contracts nobody notices until they stop.
security and locksmithing

Access, alarms, locks and monitoring. Trusted with the keys, literally.
logistics and B2B services

Warehousing, transport equipment, specialist distribution. The businesses between the factory and the customer.

How it works

Four stations, in order. Each one is a piece of work we actually do, not a slogan.

Find enduring businesses

Niche manufacturing and B2B services with real customers and real margins.
Back the right operator

Searchers and operators ready to step in and lead, not just model spreadsheets.
Acquire with certainty

TEN13’s network and execution discipline get the deal across the line.
Grow with tools and support

An operator peer group and applied AI capability upgrade the engine without breaking it.

Three second acts underway

Real businesses. Real operators. Backed for long-term growth.

Customer Transport Equipment

B2B services · Operator: Stijn De Vriendt

An established truck-body and transport-equipment platform, now set up for its next phase of growth under an operator who came to the floor first and the boardroom second.

Read the overview