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Buy and 3x a Project-Based Business in Just 2 Years

Podcast |: Acquiring Minds
Publisher |: Will Smith
Media Type |: audio
Podknife tags |: Business,; Entrepreneurship,; Interview,; Investing,; Mergers & Acquisitions
Categories Via RSS |: Business,; Entrepreneurship,; Investing
Publication Date |: Oct 02, 2023
Episode Duration |: 01:38:46

In 2021, Johannes Hock bought an artificial turf installer business doing $5m. It's on track to exceed $15m in 2023.

Topics in Johannes’s interview:

Comparing opportunities in private equity vs search
Sources of deal flow beyond BizBuySell
Mapping multiples to months for better perspective
Acquiring an artificial turf company
The luxury of finding a business with a GM
How to value and finance a fast-growing business
Tracking data from day one of ownership
How weather affects his cash flow
Unexpected costs of sales commissions
Benefits of having a partner in search

References and how to contact Johannes:

Get a complementary pre-acquisition HR & PEO review for your target business:

Contact mark@aspenhr.com or visit Aspen HR

Get complimentary due diligence on your acquisition's insurance & benefits program:

Oberle Risk Strategies - Search Fund Team

Connect with Acquiring Minds:

See past + future interviews on the YouTube channel
Connect with host Will Smith on LinkedIn
Follow Will on Twitter

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