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How to Buy a $800k Clinical Trials Firm & Grow It to $3m
Podcast |
Acquiring Minds
Publisher |
Will Smith
Media Type |
audio
Categories Via RSS |
Business
Entrepreneurship
Investing
Publication Date |
May 20, 2021
Episode Duration |
01:00:33

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

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:

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

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

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

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:

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

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