12,400+ licenses monitored
1,800+ qualifying signals
35 Florida metros
Source: FL DBPR — updated continuously
Florida Contractor Intelligence

Find acquisition targets before they know they're selling.

Upwell monitors 12,400+ active contractor licenses across 35 Florida metros, scoring each business for acquisition signals using lapse patterns, expiration timelines, and owner tenure indicators — sourced directly from FL DBPR. High scores identify businesses with documented exit signals, not guaranteed sales.

🏛️ FL DBPR sourced
📊 Sovereign public records
🔒 100% legal
upwellintel.com/signals
Signal Feed — Florida HVAC
Live
Distress Score 87/100
██████ Air Solutions LLC
CAC · Tampa, FL · Est. 1994 · Owner age 67
License lapsed 47d No renewal filed Insurance downgrade No succession
Watch Score 64/100
██████ Mechanical Systems Inc
CMC · Orlando, FL · Est. 2008 · Owner age 59
Expires Dec 2026 Historically on-time Owner tenure 18yr
Monitor Score 41/100
██████ HVAC Services LLC
CFC · Miami, FL · Est. 2015 · Owner age 51
Expires Jul 2027 Active permits
🔒 Full signals available to subscribers
How it works

From public records to actionable deal intelligence.

Three steps from sovereign government data to a ranked list of businesses likely to transact in the next 6–18 months.

01
🏛️
We Monitor
Continuous public records monitoring pulls the latest data from the Florida Department of Business and Professional Regulation (DBPR) — the same state database regulators use. We track license type, status, expiration date, licensee name, city, and county for every active contractor record.
FL DBPR 35 metros CMC · CAC · CFC · CGC Continuous refresh
02
📐
We Score
Every license is scored 0–100 using a multi-factor model built on M&A research: lapse duration (40%), expiration proximity (35%), and owner tenure indicators (25%). Scores above 70 indicate high-probability near-term exit intent.
Lapse duration Expiry proximity Owner tenure 0–100 scale
03
📡
You Get Signals
Subscribers receive a ranked feed of acquisition signal opportunities with confidence scores, source citations, geographic filters, and sector focus. No noise — only businesses showing measurable exit indicators from verifiable public records.
Ranked by score Source citations Geo filters Sector focus
Use case

How an independent sponsor spots an HVAC target 6 months before it lists.

A hypothetical deal walk-through showing exactly how Upwell compresses the deal funnel for capital-efficient buyers.

Month 0 — Signal detected
Upwell flags a Tampa-area HVAC contractor in distress
The firm's CAC (Certified Air Conditioning) license lapsed 47 days ago with no renewal filed. Owner age estimated at 67. No succession structure visible in public records. Insurance policy downgraded per permit filings. Upwell scores the business 87/100.
Signal: CAC-1834201 · Lapsed 47d · Score 87
Tags: license lapse, no renewal, insurance downgrade, owner tenure 28yr
Month 1 — Outreach begins
Sponsor contacts owner directly before any broker engagement
Using the licensee name from FL DBPR and basic reverse lookup, the sponsor identifies the owner and initiates a low-key conversation. At this stage, the business isn't listed anywhere. No auction, no broker, no competition from strategic acquirers.
Month 3 — LOI signed
Term sheet agreed without a broker in the loop
The owner confirms retirement plans. A letter of intent is signed at a valuation approximately 15–20% below what a brokered process would have achieved for the seller — because neither side is paying intermediary fees and there's no competitive bidding dynamic.
Month 6 — Deal closes
Deal closes before the business appears on any broker platform
By the time BizBuySell or a regional broker might have listed this company, the transaction is complete. The sponsor captured an off-market deal at a favorable valuation using public records that were always freely accessible — just never systematically monitored.
Result: Off-market acquisition · Pre-auction access · ~6mo head start
Data sourcing

Sovereign public records. Not aggregated marketplaces.

Every signal in Upwell traces back to official government databases — the same sources used by regulators, courts, and insurance underwriters.

🏛️
FL DBPR

Florida Dept. of Business & Professional Regulation

The primary source for all contractor license data: license numbers, types, statuses, expiration dates, licensee names, and business locations. Updated continuously via the DBPR's public search portal. This is the same database state inspectors use.

📋
License types covered

CMC · CAC · CFC · CGC · CCC

Mechanical contractors (CMC), Air conditioning (CAC), Refrigeration (CFC), General contractors (CGC), and Commercial contractors (CCC). These five types collectively cover the vast majority of home services and light industrial businesses in Florida.

📍
Coverage map

35 Florida metros, county-level precision

We monitor every contractor license in Florida's 35 largest metropolitan areas — from Miami-Dade and Broward in South Florida to Orange and Hillsborough in Central FL to Duval in the North. Coverage expands as monitoring capacity grows.

⚖️
Legal status

Fully compliant. Zero gray area.

All data is publicly accessible by law under Florida Statutes. No login required, no access behind authentication walls, no private data. FL DBPR explicitly makes this data available for public use. Using public records for research and investment analysis is well-established practice.

🔒
Sovereign data guarantee: Every record in Upwell is sourced from official government registries. We never purchase data from brokers, aggregate from marketplaces, or use harvested third-party databases. If it isn't in a government database, it isn't in Upwell.
Competitive landscape

Upwell vs. traditional deal sourcing.

The difference between pre-market intelligence and what everyone else already has.

Capability Upwell BizBuySell / Brokers PitchBook / Axial In-house Research
Pre-market signals (before listing) Core product Post-listing only Listed deals only ~ Manual, expensive
Public records sourcing FL DBPR native Seller self-reports ~ Limited ~ Ad hoc
Signal scoring & ranking Algorithmic 0–100 None ~ Basic filters Analyst dependent
Off-market deal access 6–18mo head start Already auctioned Already banked ~ Network dependent
Lower middle market (<$10M) Primary focus ~ Limited quality Poor coverage ~ Not cost-effective
Pricing for indie sponsors Built for it ~ Listing fees vary Enterprise only $150K+/yr analyst
Florida HVAC / home services Specialty focus ~ Generic listings Not covered ~ Possible
What we track

Four categories of pre-market indicators.

Each indicator class maps to a documented pattern of business transition behavior observed in lower middle market M&A.

L

License Lapses

A contractor license that expires without renewal is statistically the single strongest pre-sale indicator available in public records. Owners preparing for exit frequently let licenses lapse as operational overhead drops — months before any formal sale process begins.

E

Expiration Proximity

Licenses approaching expiration (3–12 months out) from owners with long tenure (15+ years) and no history of late renewal represent high-probability monitoring targets. Long-tenured owners who suddenly break renewal patterns are statistically significant signals.

T

Tenure Scoring

Owner tenure of 20+ years combined with a license lapse creates a composite signal: this is a founder-operator approaching natural exit age, not a struggling business. The scoring model weights these together to produce differentiated signals from simple lapse tracking.

P

Permit Patterns

Declining permit activity over a trailing 12-month period, combined with insurance changes and license status anomalies, indicates reduced operational commitment — consistent with an owner winding down before a sale or retirement event.

Who built this

Built by someone who felt the data gap firsthand.

👤
Tom Talent
Founder, Upwell Intel

Upwell was built after experiencing the same problem that every independent sponsor and search fund operator knows: by the time a business appears on BizBuySell or through a broker, you're already in an auction. The informational edge is gone.

The insight behind Upwell is simple: state licensing databases contain the equivalent of a pre-sale signal in plain sight. A 67-year-old HVAC owner who lets his license lapse after 28 years in business isn't being careless — he's preparing to exit. That data has always been public. It just wasn't organized, scored, or delivered.

"The lower middle market is the most inefficient segment in M&A. Billion-dollar firms have analyst teams reading public records. We're building that same capability for the independent sponsor running lean."
Common questions

Answers to the obvious questions.

Where does the data come from?
All data is sourced directly from the Florida Department of Business and Professional Regulation (DBPR) — the official state licensing database. We monitor only publicly accessible government records: license number, type, status, expiration date, licensee name, city, and county. No private data, no proprietary feeds.
How is this different from BizBuySell or a business broker?
BizBuySell and brokers only see businesses that owners have already decided to sell publicly. Upwell identifies businesses likely to sell before the owner has made that decision formal. That's the entire value proposition: a 6–18 month head start before any auction process begins.
Is this legal? Can I use this data for outreach?
Yes. Florida Statutes require DBPR to make licensing data publicly accessible. Accessing and analyzing public government records is protected activity under federal law. Using public records to identify potential acquisition targets is standard practice in M&A research. We're not accessing private data or any information that isn't already freely available.
How is this different from PitchBook?
PitchBook covers institutional deals, venture-backed companies, and mid-market transactions. It has almost no coverage of lower middle market businesses with $500K–$5M EBITDA. Upwell is purpose-built for the segment PitchBook ignores: family-owned contractors, home services businesses, and small industrials in specific geographies.
Why Florida first? When do other states launch?
Florida has one of the most accessible and well-structured contractor licensing databases in the country — the DBPR is essentially purpose-built for this kind of analysis. We're building coverage depth in Florida before expanding to other states. The "Request a Market" form below directly influences our expansion roadmap.
What signal score indicates a real acquisition target?
Scores above 70 represent businesses showing strong composite exit indicators. A score of 85+ typically means a lapsed license combined with long owner tenure — the highest-confidence combination in our model. The sample report shows exactly what these signals look like with real (anonymized) data.
Market context

The lower middle market is massive, fragmented, and information-starved.

The segment where independent sponsors compete is enormous — and historically underserved by data infrastructure.

27%
of LMM deals closed by independent sponsors annually
GF Data 2024
70%
of HVAC firms are family-owned and founder-operated
ACCA Industry Report
90%
of LMM targets missed due to sourcing data gaps
Deloitte PE Study
12k+
active Florida contractor licenses monitored today
FL DBPR live data
Early access

Deals are won before the auction starts.

Join the waitlist. Be first to access Florida HVAC and home services signals when we launch subscriber access.

🏗️ Independent Sponsors
👨‍👩‍👧 Family Offices
🔍 Search Funds
📊 M&A Advisors
Shape the roadmap

What market should we build next?

Tell us which state and sector you're targeting. We prioritize expansion based on subscriber demand and will notify you when signals go live.