How One Tiny Acquisition Grew Into a Holdco

Matt Huggins bought a small water & cable utility doing $200k/year. 15 years later, his holdco is on track for $20m/yr. 

Topics in this interview:

• Matt's decision to step off the academic track
• Matt's career as a professional online poker player
• Transitioning from poker to small business
• Acquiring a utilities company for a group of condos
• The surprising complexity of running a utilities company
• Starting a manhole lining business 
• The stability and diversity of the water industry
• Acquiring businesses from retiring owners without needing capital
• The value of a fractional CFO
• The reward of helping employees

References and how to contact Matt:

• Twitter
• LinkedIn
• Peak Group Companies
• Advanced Lining
• Peak Water Services
• Advanced Pump & Equipment
• Gordo Sales

Get a complementary pre-acquisition HR & PEO review for your target business:

• Contact mark@aspenhr.com or visit Aspen HR

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

• More Staffing

Connect with Acquiring Minds:

• See past + future interviews on the YouTube channel
• Connect with host Will Smith on LinkedIn
• Follow Will on Twitter