Listen before acting
Every business has a story. We begin with the owner’s priorities and learn what must endure.
We acquire and steward healthy small businesses for the long term, preserving what makes them special while helping them thrive for years to come.
A different kind of buyer
Blue Horse Capital is a long-term holding company. We acquire established businesses with no predetermined sell date. That gives us the freedom to make thoughtful decisions, invest through cycles, and protect the culture and relationships that took decades to build.
Every business has a story. We begin with the owner’s priorities and learn what must endure.
We respect the people, practices, and reputation already producing exceptional results.
We provide patient capital and practical support while focusing on the long term.
Who we partner with
We are industry flexible and relationship selective.
The right fit matters more than the fastest deal.
How we show up
We believe who we work with matters as much as what we invest in.
We do what we say, communicate plainly, and honor the spirit of every agreement.
We believe consistent effort day by day compounds into incredible results.
We seek to lead sacrificially, putting others’ best interests before our own.
About us
Decades of experience building organizations, developing leaders, and investing with a long-term perspective.

Founding Partner
Dr. Kyle Sheets has spent more than four decades starting and building companies, investing in others, and practicing medicine. In 2001, he founded Concord Medical Group to meet the needs of rural hospitals throughout West Texas. He and Landon went on to build the company together, developing the team and relationships that have allowed Concord to serve hospitals and communities across the region. Dr. Sheets continues to serve as Concord’s board chair.
That experience informs what he brings to Blue Horse Capital: an owner’s perspective, seasoned judgment, and a firsthand understanding of what it takes to build a business that lasts. He believes strong companies deserve patient stewardship and leaders who respect the people, relationships, and history behind them.
Dr. Sheets also founded Papa Missions, which provides medical care to underserved populations around the world by establishing and supporting mission hospitals and delivering aid to communities affected by poverty and disaster.
Dr. Sheets and his wife, Bernita, live on their ranch in Tuscola, Texas. They enjoy traveling and spending time with their ten children and grandchildren.

Founding Partner
Landon is a co-founder and partner at Blue Horse Capital. An entrepreneur, investor, and advisor, he has a passion for building businesses, developing leaders, and helping people and organizations pursue meaningful, sustainable growth.
Over the years, Landon has started, owned, and invested in businesses across a variety of industries. Together with Dr. Kyle Sheets, he built and co-owns Concord Medical Group, gaining firsthand experience in developing a company, building a team, and leading through seasons of growth and change. Those experiences have given him a deep appreciation for the people behind a business—the founders who built it, the employees who make it work, and the communities it serves.
That perspective shapes his work at Blue Horse Capital, where he helps identify and steward healthy businesses for the long term. Landon believes good businesses are about more than numbers; they are built through strong relationships, thoughtful leadership, and consistent investment in people. He is committed to honoring what owners have built while helping position the business and its people for what comes next.
Outside of Blue Horse Capital, Landon advises and coaches leaders, serves on several nonprofit boards, and is actively involved in his local church. He and his wife, Whitney, live in Lubbock, Texas, with their five children.

Partner
Billy is an entrepreneur, investor, and finance professional with a deep commitment to helping others build lives marked by purpose, generosity, and peace.
After more than a decade of service as an officer and C-130 pilot in the United States Air Force, Billy transitioned his focus to the finance industry. His military background shaped his disciplined approach to leadership, strengthened his commitment to serving others, and gave him a deep appreciation for the importance of strong teams and a shared mission.
He is a graduate of the United States Air Force Academy and earned an MBA with a concentration in Entrepreneurship from Oklahoma State University. He is passionate about the small business community and enjoys working with and supporting business owners. As a licensed Investment Adviser Representative, he brings technical expertise, thoughtful analysis, and a servant-leader mindset to his work at Blue Horse Capital.
Billy is deeply involved in his faith and local community, serving actively at his church. He and his wife, Virginia, live in Abilene, Texas, where they have the great blessing of raising their three boys.
A private first step
You do not need to have every answer—or be ready to sell—to begin a conversation. Tell us what you have built, what matters most, and what a good transition would look like.
Every inquiry is treated with care and discretion.