Investment Firm · Miami, FL
Sands Enterprises is a private investment holding company headquartered in Miami, Florida, founded by Ethan Sands. The firm deploys permanent capital across three core strategies: the acquisition of private businesses with durable cash flows, concentrated public equity positions, and distressed debt investments.
As a Miami-based investment firm, Sands Enterprises acquires businesses with recurring revenue and holds them permanently, reinvesting into further acquisitions. In public markets, we take concentrated positions in undervalued or mismanaged companies and engage directly with management on capital allocation and strategic direction. We also invest in distressed and mispriced debt, participating in restructurings where we identify value.
Fundamentally sound businesses trading below intrinsic value. Ethan Sands and the Sands Enterprises team buy with conviction and hold.
Whole-company acquisitions with recurring, defensible revenue. Permanent capital — no planned exit.
Dislocated credits and restructurings where the business is intact but the capital structure is broken.
In minority public positions, we engage boards and management directly on capital allocation and strategic direction.
"The most important quality for an investor is temperament, not intellect."Warren BuffettChairman, Berkshire Hathaway
"A lot of CEOs are very nice people, but they don't have the guts to make hard decisions."Carl IcahnFounder, Icahn Enterprises
"Second place is first loser. I have never hired a person who finished second in their company and think they deserve to run ours."Larry EllisonCo-Founder & CTO, Oracle
"In business, I look for economic castles protected by unbreachable moats."Warren BuffettChairman, Berkshire Hathaway
"I find it insane that these boards just let management do whatever they want with other people's money."Carl IcahnFounder, Icahn Enterprises
"The people who are crazy enough to think they can change the world are the ones who do."Steve JobsCo-Founder, Apple
"The stock market is a device for transferring money from the impatient to the patient."Warren BuffettChairman, Berkshire Hathaway
"When you innovate, you've got to be prepared for people telling you that you are nuts."Larry EllisonCo-Founder & CTO, Oracle
"The most valuable things in the world were built by people who refused to accept that something couldn't be done."Carl IcahnFounder, Icahn Enterprises
"Your work is going to fill a large part of your life. The only way to be truly satisfied is to do what you believe is great work."Steve JobsCo-Founder, Apple
"The first man gets the oyster, the second man gets the shell."Andrew CarnegieCarnegie Steel
"It's not about money or connections — it's the willingness to outwork and outlearn everyone."Mark CubanEntrepreneur
"The most important quality for an investor is temperament, not intellect."Warren BuffettChairman, Berkshire Hathaway
"A lot of CEOs are very nice people, but they don't have the guts to make hard decisions."Carl IcahnFounder, Icahn Enterprises
"Second place is first loser. I have never hired a person who finished second in their company and think they deserve to run ours."Larry EllisonCo-Founder & CTO, Oracle
"In business, I look for economic castles protected by unbreachable moats."Warren BuffettChairman, Berkshire Hathaway
"I find it insane that these boards just let management do whatever they want with other people's money."Carl IcahnFounder, Icahn Enterprises
"The people who are crazy enough to think they can change the world are the ones who do."Steve JobsCo-Founder, Apple
"The stock market is a device for transferring money from the impatient to the patient."Warren BuffettChairman, Berkshire Hathaway
"When you innovate, you've got to be prepared for people telling you that you are nuts."Larry EllisonCo-Founder & CTO, Oracle
"The most valuable things in the world were built by people who refused to accept that something couldn't be done."Carl IcahnFounder, Icahn Enterprises
"Your work is going to fill a large part of your life. The only way to be truly satisfied is to do what you believe is great work."Steve JobsCo-Founder, Apple
"The first man gets the oyster, the second man gets the shell."Andrew CarnegieCarnegie Steel
"It's not about money or connections — it's the willingness to outwork and outlearn everyone."Mark CubanEntrepreneur
Miami, FL · Private · Permanent Capital