How to Become an Independent Sponsor
11/14/24 • 103 min
Register for the webinars:
- Where Searchers Go Wrong - Thu Nov 14 - https://bit.ly/3O0im2a
- Legal Office Hours: Understanding the Waterfall - Thu Nov 21 - https://bit.ly/3O3zqo2
Sam Rosati & partners built the Sunbelt's largest commercial fencing contractor in 3 years. But the origins were modest.
Topics in Sam’s interview:
- His background in accounting and law
- Being inspired by Chenmark and Brent Beshore
- Acquiring Alpha Dumpsters with his brother
- Birth of SMBash
- Origin story of SMB Law
- How an independent sponsor differs from a self-funded searcher
- Investing in a commercial fencing business
- The role of luck in success
- Acquiring and consolidating fence businesses
- Partnering with private equity
References and how to contact Sam:
- SMBootcamp
- Chandler Reed on Acquiring Minds: Boom, Bust, Boom: Buying a Whiplash Business
- John Hubbard on Acquiring Minds: Why Buy a Small Manufacturing Business? and Time to Sell? Growing EBITDA from $750k to $2m
Get a free review of your books & financial ops from System Six (a $500 value):
- Book a call with Tim or email [email protected] and mention Acquiring Minds
Work with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:
Get a complementary pre-acquisition HR & PEO review for your target business:
- Contact [email protected] or visit Aspen HR
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
Register for the webinars:
- Where Searchers Go Wrong - Thu Nov 14 - https://bit.ly/3O0im2a
- Legal Office Hours: Understanding the Waterfall - Thu Nov 21 - https://bit.ly/3O3zqo2
Sam Rosati & partners built the Sunbelt's largest commercial fencing contractor in 3 years. But the origins were modest.
Topics in Sam’s interview:
- His background in accounting and law
- Being inspired by Chenmark and Brent Beshore
- Acquiring Alpha Dumpsters with his brother
- Birth of SMBash
- Origin story of SMB Law
- How an independent sponsor differs from a self-funded searcher
- Investing in a commercial fencing business
- The role of luck in success
- Acquiring and consolidating fence businesses
- Partnering with private equity
References and how to contact Sam:
- SMBootcamp
- Chandler Reed on Acquiring Minds: Boom, Bust, Boom: Buying a Whiplash Business
- John Hubbard on Acquiring Minds: Why Buy a Small Manufacturing Business? and Time to Sell? Growing EBITDA from $750k to $2m
Get a free review of your books & financial ops from System Six (a $500 value):
- Book a call with Tim or email [email protected] and mention Acquiring Minds
Work with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:
Get a complementary pre-acquisition HR & PEO review for your target business:
- Contact [email protected] or visit Aspen HR
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
Previous Episode
The 2 Professors Who Helped Start the ETA Movement
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 anyone.
Topics in Rick and Royce’s interview:
- How they met in academia
- Growth of their ETA class at Harvard
- Unexpected success of their book
- Satisfaction of changing students’ lives
- Thoughts on their sons searching for businesses
- Partner/family perspectives on search
- Value of learning about failed acquisitions
- How attitudes about small business have transformed
- Using their podcast to educate about small business
- Thoughts on pursuing wealth
References and how to contact Rick and Royce:
- The book: HBR Guide to Buying a Small Business
- The podcast: Think Big, Buy Small
Get complimentary due diligence on your acquisition's insurance & benefits program:
Get a complimentary IT audit of your target business:
- Email Nick Akers at [email protected], and tell him you’re a searcher
Learn more about Walker Deibel's done-with-you buy-side advisory:
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
Next Episode
How 2 Entrepreneurs are Rolling Up a New Market
Register for the webinars:
• Understanding the Waterfall - Thu Nov 21 - https://bit.ly/3AMj6Fk
Francisco Del Rio & Diego Silva are 5 acquisitions into a venture to consolidate veterinary practices in Chile & beyond.
Topics in Francisco & Diego’s interview:
- Vetting each other before partnering
- Teaming up to roll up vet clinics in Chile
- Pitching themselves to clinic owners
- Searching during strict Covid lockdowns
- Educating owners about business valuation
- Understanding the seller’s perspective
- Making variable compensation work
- Teaching receptionists to use sales scripts
- Finding investors and growing the business
- Vision to expand to neighboring countries
References and how to contact Francisco & Diego:
- Diego Silva LinkedIn
- [email protected]
- Francisco del Rio LinkedIn
- [email protected]
- Latam Vet
Get a complimentary IT audit of your target business:
- Email Nick Akers at [email protected], and tell him you’re a searcher
Learn more about Walker Deibel's done-with-you buy-side advisory:
Get a free review of your books & financial ops from System Six (a $500 value):
- Book a call with Tim or email [email protected] and mention Acquiring Minds
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
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