
BR Par Capital is a boutique advisory firm helping American founders, operators, and family offices make careful decisions about growth capital, succession, and the sale of privately-held businesses.
Founded and led by Stephanie R. Flemmer, BR Par Capital works exclusively with a limited number of clients each year. Every engagement is led personally — no handoffs, no revolving associates, no boilerplate presentations.
We advise on the questions that shape the next decade of a business: whether to raise growth capital, how to structure a management buyout, when to bring in an outside partner, and how to prepare a company for a graceful, well-priced sale.
We advise on capital events across the life of a privately-held business. Every engagement is scoped to a single, defined outcome — not open-ended retainers.
Helping owners choose between minority equity, mezzanine, and senior debt structures — and negotiating terms that protect long-term control.
Two-year runway planning, buyer mapping, financial storytelling, and quiet, targeted processes designed to preserve valuation.
Family-first succession plans, ESOP feasibility studies, and management buyout structures for owners planning the next chapter.
Deal sourcing, diligence, and post-close governance for family offices making direct investments in lower-middle-market businesses.
Independent board seats and advisory-board design for owner-operated companies preparing for their next capital event.
Confidential counsel on partner buyouts, shareholder disputes, distressed recapitalizations, and other one-of-a-kind moments.
Most engagements follow the same four-stage rhythm. It's designed to protect confidentiality, control cost, and give you real optionality at every step.
A no-charge introductory conversation to understand your business, your family, and the decision in front of you.
A short written engagement letter with a defined outcome, fixed retainer, and success-fee terms — before any work begins.
Structured analysis, financial modeling, and warm introductions from a hand-selected network of investors and buyers.
Side-by-side negotiation, documentation review with your counsel, and quiet management of the close.
Stephanie brought the calm to a very loud room. She asked the questions our board hadn't thought to ask, and the deal we closed a year later was better because of it.

Our home office is in Pueblo West, Colorado — a deliberate distance from Wall Street noise. We work with founders and family offices from the Front Range to the coasts, with active engagements in manufacturing, professional services, healthcare, real estate, and consumer products.
When we travel to you, we do it on our own dime. When we meet in Colorado, expect good coffee, real conversation, and a view of the mountains.

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The eight decisions a founder should make 24 months before signing a term sheet — and the four that can wait.

A short, honest read of multiples, buyer behavior, and financing conditions in our part of the country.
Tell us a little about your business and the decision you're weighing. We'll respond personally within one business day.
Book a private call