How to Acquire Your First Business in 3 Months
Podcast |
Acquiring Minds
Publisher |
Will Smith
Media Type |
audio
Categories Via RSS |
Business
Entrepreneurship
Investing
Publication Date |
May 27, 2021
Episode Duration |
00:54:32

How first-time acquirer Philippe Vanderhoydonck found a 30-year-old trade media business & bought it in under 3 months.

Reach Philippe Vanderhoydonck at:

Key points from Philippe's acquisition:

  • PETS International is a 30-year-old trade publication that publishes 6 magazines and hosts 2 conferences per year
  • Generates 20-35% margins on low-seven-figure revenues
  • Opportunity is to expand online presence and product offering
  • Acquired for low seven figures, a 3x multiple of annual earnings
  • Acquisition went very quickly, only about 10 weeks

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

How first-time acquirer Philippe Vanderhoydonck found a 30-year-old trade media business & bought it in under 3 months.

How first-time acquirer Philippe Vanderhoydonck found a 30-year-old trade media business & bought it in under 3 months.

Reach Philippe Vanderhoydonck at:

Key points from Philippe's acquisition:

  • PETS International is a 30-year-old trade publication that publishes 6 magazines and hosts 2 conferences per year
  • Generates 20-35% margins on low-seven-figure revenues
  • Opportunity is to expand online presence and product offering
  • Acquired for low seven figures, a 3x multiple of annual earnings
  • Acquisition went very quickly, only about 10 weeks

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

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