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Podcast · RGV Business Journal · Episode 52

From Robinhood to the RGV: selling the family business.

Spencer Gareiss joins host Naxiely Lopez-Puente on the Rio Grande Valley Business Journal podcast to talk about Valley succession: who is buying local businesses, how owners can cash out and keep their property, and why trust is the Valley's real business currency.

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The episode in brief

On Episode 52 of the RGV Business Journal podcast, published November 6, 2026, host Naxiely Lopez-Puente talks with Spencer Gareiss, a former Robinhood product and engineering leader who moved to the Rio Grande Valley in January and runs Delta Brokers, the McAllen-based brokerage arm of Greenridge Group. Their conversation is about what happens to the Valley's established businesses when their owners are ready to step back: who is buying, how a sale can be structured, and why trust is the Valley's real business currency.

~5,000
Rio Grande Valley businesses that are more than 20 years old.
~22%
The share of those businesses with a family succession plan.

Figures as cited in the RGV Business Journal's description of Episode 52, November 6, 2026.

Key takeaways
  1. Succession is the Valley's open question.

    Thousands of Valley businesses are more than 20 years old, and most do not have a family succession plan. When the owner is ready to step back, the business needs a plan for what comes next.

    Exit planning for owners →
  2. The building is not the whole business.

    Selling only the real estate can leave millions on the table, along with the jobs and the legacy behind the business.

    Deals that include the real estate →
  3. The buyers are already here.

    Who is buying Valley businesses: local strategic buyers, private equity from the Texas Triangle, and investors from Monterrey.

    Selling to cross-border buyers →
  4. Sale-leasebacks: cash out and keep the property.

    The episode covers how sale-leasebacks let owners cash out and keep their property.

    How Delta sells a business →
  5. Cameron County's supply-chain opening.

    Spencer and Naxiely discuss the supply-chain opening around SpaceX and Saronic in Cameron County.

    Business brokers in Cameron County →
  6. Trust is the Valley's real business currency.

    Relationships matter anywhere, Spencer says, but in the Valley even more so.

    Meet the Delta Brokers team →

“Relationships are extremely important anywhere you go, but in the Valley even more so. Trust is critical.”

Spencer Gareiss · RGV Business Journal podcast, Episode 52
About Spencer
Spencer Gareiss

Spencer Gareiss is the Founder, Managing Partner and CEO of Greenridge Group, a private equity firm and business brokerage. He runs Delta Brokers, the McAllen-based brokerage arm of Greenridge Group. A former Robinhood product and engineering leader, he moved to the Rio Grande Valley in January.

Greenridge's own engineers also built Underridge, an SI underwriting desk: drop in a deck or a data room and get a verdict, an investment memo, a term sheet and a model, with every headline figure traced to its source.

Read Spencer's full bio · Spencer at Delta Brokers · LinkedIn

Hear Spencer live

Two workshops at GEW McAllen

Spencer leads two Global Entrepreneurship Week (GEW) McAllen workshops at the McAllen Chamber of Commerce. If the episode raised questions about your own business, bring them.

Mon, Nov 16 · 3:00 PM

How to Buy a Business

GEW McAllen workshop at the McAllen Chamber of Commerce.

Register
Tue, Nov 17 · 1:30 PM

How to sell a business: get the price you earned

GEW McAllen workshop at the McAllen Chamber of Commerce.

Register
Join the conversation
Questions about the episode
Who is Spencer Gareiss?

Spencer Gareiss is the Founder, Managing Partner and CEO of Greenridge Group, a private equity firm and business brokerage, and runs Delta Brokers, its McAllen-based brokerage arm. He is a former Robinhood product and engineering leader who moved to the Rio Grande Valley in January.

Who buys businesses in the Rio Grande Valley?

On the episode, Spencer points to three groups of buyers for Valley businesses: local strategic buyers, private equity from the Texas Triangle, and investors from Monterrey.

Why does succession planning matter in the RGV?

According to the episode, about 5,000 Rio Grande Valley businesses are more than 20 years old, and only about 22% have a family succession plan. Selling only the real estate can leave millions on the table, along with the jobs and legacy behind the business.

What is a sale-leaseback?

A sale-leaseback is one of the exit structures discussed on the episode. As the RGV Business Journal describes it, a sale-leaseback lets an owner cash out and keep their property.

Where can I watch or listen to the episode?

Episode 52 of the RGV Business Journal podcast, From Robinhood to the RGV: Spencer Gareiss on Selling the Family Business, was published on November 6, 2026. It is on YouTube, on Apple Podcasts and on the RGV Business Journal website.

Where can I hear Spencer Gareiss speak in person?

Spencer leads two GEW McAllen workshops at the McAllen Chamber of Commerce: How to Buy a Business on Monday, November 16 at 3:00 PM, and How to sell a business: get the price you earned on Tuesday, November 17 at 1:30 PM.

Delta Brokers · McAllen

Thinking about what comes next for your business?

Start with a free, confidential valuation from Delta Brokers. No obligation, and nobody learns you asked. Looking to buy instead? Tell Delta what you want to own.