Acquiring Minds

Alle afleveringen

504 afleveringen, van nieuw naar oud

  1. How to Buy a $800k Clinical Trials Firm & Grow It to $3m

    20 mei 2021 · 1 uur 1 min

    Afspelen
    How former management consultant Scott Whitt acquired and grew a small clinical trials business into the millions. Lees meer

    Key points from Scott's acquisition:

    Triad was generating $850k in revenues & large 70% margins

    Scott acquired it in 2015 for 3.5x earnings

    Used ROBS for part of the acquisition financing

    Grew revenues to $3m in 5 years

    Predicts business can grow to $6-7m

    Reach Scott Whitt:

    scott_whitt@outlook.com

    LinkedIn

    His acquisition, Triad Clinical Trials

    Official episode page & full show notes at AcquiringMinds.co:

    Buying a Clinical Trials Firm & Growing It to $3m

  2. Buying a Manufacturer for Just the Value of Assets

    16 april 2021 · 32 min

    Afspelen
    Tyler Deike bought a small manufacturer for the cost of property & equipment, making the business itself almost free. Lees meer

    Key points from Tyler's acquisition:

    Blackhawk Fiberwerx was doing $500k in sales with $100k in profit

    Seller was a retiring and overwhelmed 80-year-old

    Tyler couldn't due-diligence the deal to death — had to "cross fingers and dive in"

    Huge margin of safety. Business was selling for the combined value of its assets, so if business collapsed Tyler could recoup loan by selling assets.

    SBA wouldn't make a loan without soil testing the land, so Tyler got a loan from a small regional bank

    Reach Tyler Deike:

    LinkedIn

    Tyler's acquisition, Blackhawk Fiberwerx

    Official episode page & full show notes at AcquiringMinds.co:

    Buying a Manufacturer for Just the Value of Assets

  3. How to Buy a $2m Dying Business Then Sell It for 5X

    9 april 2021 · 51 min

    Afspelen
    Mike Yarmo bought a struggling distributor & turned it into a local powerhouse in a different niche — then sold for 5x. Lees meer

    Key points from Mike's acquisition:

    Owner was disengaged, retiring, and looking to sell his food distribution company

    Company was 25 years old but had terrible margins

    Mike & team acquired for low 7 figures, or ~2x earnings

    Pivoted the company, grew aggressively over next few years

    Sold 5 years later for 5x earnings, and 5x original acquisition price

    Reach Mike Yarmo:

    On Twitter: @michaelyarmo

    Subscribe to his newsletter

    Official episode page & full show notes at AcquiringMinds.co:

    How to Buy a $2m Dying Business Then Sell It for 5X

  4. Doubling Revenue 6 Months after Acquisition

    1 april 2021 · 41 min

    Afspelen
    How a 9-month search was rewarded by the discovery of 2 tiny e-commerce companies primed for growth. Lees meer

    Key points from Justin's acquisitions:

    Acquired first company for $160k, or about 3x earnings

    Generated $200k in revenues during first 6 months

    Represented more than a 3x year-over-year increase

    Acquired 2nd co with 100% seller financing

    Plans to 10x both cos value in 3 years

    Reach Justin Harris:

    LinkedIn

    Justin's two acquisitions:

    Walter & Rosie

    STACK Candles

    Official episode page & full show notes at AcquiringMinds.co:

    Doubling Revenue 6 Months after Acquisition