Partnering with an Operator to Buy a Business
Podcast |
Acquiring Minds
Publisher |
Will Smith
Media Type |
audio
Categories Via RSS |
Business
Entrepreneurship
Investing
Publication Date |
Oct 23, 2023
Episode Duration |
01:39:08

Landon Mance bought a $1.7m tree business alongside a minority partner who's operated the business full-time from Day 1. 

Topics in Landon’s interview:

  • Crossing paths with a financial criminal
  • Buying a tree service business with his friend as operator
  • Where “follow your passion” falls short
  • Why the business had high margins at acquisition
  • Negotiating with the sellers over Zoom
  • Burning through the capex budget in 90 days
  • The importance of putting everything in the contract
  • His operator’s equity stake in the company
  • Continuing to run his financial planning business
  • His 5-8 year vision for the company

References and how to contact Landon:

Learn more about Walker Deibel's done-with-you buy-side advisory:

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

Connect with Acquiring Minds: 

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