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CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options.

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Michael Girdley (@Girdley) and Bill D’Alessandro (@BillDA) discuss a rapidly expanding home and business elevator maintenance company in South Carolina. From a demand standpoint, we will determine what makes this so intriguing and do a little background research on the state of the market. We will also find out why neither VC capital nor PE has purchased this company. Finally, after picking up some tips from Michael, he will share a fun reality show concept associated with this transaction.

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Show Notes:

(00:00) - Introduction

(00:58) - Our sponsor is CloudBookkeeping.com

(02:27) - Deal & financials: A fast-growing home & commercial elevator Maintenance Co 

(03:49) - How does this company work?

(07:22) - What makes this so interesting from a Demand perspective?

(08:36) - What is so interesting about this Deal? What about the industry?

(11:45) - What is the Otis Roll-up strategy, and why would you focus on it?

(13:31) - Why hasn’t VC capital or PE bought this business already?

(14:01) - What is @Girdley’s hack to learn about an industry?

(15:02) - Why should you ask about the customers, and what should you look for?

(19:42) - “Girdley drunk at your business” Is this a good reality show idea?

(22:00) - Transdigm’s golden Roll-Up Strategy

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 Additional episodes you might enjoy:

#136 - Can we make bank with Cricket Wireless stores?#135 - Should we buy this warehouse software business?#133 - How to value and underwrite commercial Real Estate? With special Guest Chris Powers

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