The Model for a 3-Way, Long-Term Holdco
Oct 07, 2024•1 hr 12 min
Episode description
Register for the webinars:
- Which Business Should You Buy? - Thu Oct 10 - https://bit.ly/47TzaBc
Marc Nzojibwami and 2 partners bought a business in Calgary, with a plan to keep buying (and without investor capital).
Topics in Marc’s interview:
- Early attempts at launching companies in university
- Acquiring with 2 partners
- Their plan to build a holdco together
- Acquiring a 40 year old sign shop
- Financing their deal in Canada
- Negotiating purchase price and seller note
- One change they made immediately
- Growing EBITDA 30% the first year
- Challenges and benefits of partnerships
- Searching full-time for his next acquisition
References and how to contact Marc:
Get a free review of your books & financial ops from System Six (a $500 value):
- Book a call with Tim or email hello@systemsix.com and mention Acquiring Minds
Get a complementary pre-acquisition HR & PEO review for your target business:
- Contact mark@aspenhr.com or visit Aspen HR
Get complimentary due diligence on your acquisition's insurance & benefits program:
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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