White Collar Roll-Up from $700k to $12m
Listen now
Description
Jordan Evans left tech & bought a tiny, decades-old language services business. 6 years later, revenue is 17x larger. Topics in Jordan’s interview: Acquiring his parents’ language services businessSpending 2 years preparing the dealOverpaying for a 180k SDE businessDoubling the businesses through organic growthPros and cons of seller notes“We’re buying a bucket of people and problems”Bolting on language companies as a growth strategyHow fast they integrate newly acquired businessesOpportunities for white-collar rollupsGrowing from 4 to 42 employeesReferences and how to contact Jordan: LinkedInTwitterLanguage NetworkSimple Numbers, Straight Talk, Big Profits!: 4 Keys to Unlock Your Business Potential by Greg CrabtreeGet a complementary pre-acquisition HR & PEO review for your target business: Contact [email protected] or visit Aspen HRGet complimentary due diligence on your acquisition's insurance & benefits program: Oberle Risk Strategies - Search Fund TeamSmithlist is a job board for leadership roles at small businesses. If you're not ready to buy a business but want to lead one: Smithlist - Operate & Lead a BusinessConnect with Acquiring Minds: See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on Twitter
More Episodes
Register for the webinars: Where Searchers Go Wrong - Thu  Nov. 14 - https://bit.ly/40HZtZK Legal Office Hours: Understanding the Waterfall - Thu Nov 24 - https://bit.ly/4hEzVTh The story behind "Rick & Royce", who've probably done more to grow entrepreneurship through acquisition than...
Published 11/11/24
When he realized he was willing to do the work himself, Matthew Railla bought a $500k SDE termite inspection business. Topics in Matt’s interview: His family’s culture of entrepreneurshipHis background running a wineryBecoming a business brokerBuying his own listingBuying a tough-to-sell...
Published 11/07/24