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How One Tiny Acquisition Grew Into a Holdco
Podcast |
Acquiring Minds
Publisher |
Will Smith
Media Type |
audio
Categories Via RSS |
Business
Entrepreneurship
Investing
Publication Date |
Jul 17, 2023
Episode Duration |
01:25:18

Matt Huggins bought a small water & cable utility doing $200k/year. 15 years later, his holdco is on track for $20m/yr. 

Topics in this interview:

  • Matt's decision to step off the academic track
  • Matt's career as a professional online poker player
  • Transitioning from poker to small business
  • Acquiring a utilities company for a group of condos
  • The surprising complexity of running a utilities company
  • Starting a manhole lining business 
  • The stability and diversity of the water industry
  • Acquiring businesses from retiring owners without needing capital
  • The value of a fractional CFO
  • The reward of helping employees

References and how to contact Matt:

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

Connect with A-players who can run your business remotely:

Connect with Acquiring Minds:

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