4 Acquisitions,  Engineering/Mfg. Firms in the EU & UK.  Philip Jepson Top M&A Entrepreneurs - podcast episode cover

4 Acquisitions, Engineering/Mfg. Firms in the EU & UK. Philip Jepson Top M&A Entrepreneurs

Oct 03, 202253 minSeason 1Ep. 77
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Episode description

🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business


Jon talks to Philip Jepson about buying engineering firms in the EU & UK.  

Show Notes
00:00 Intro
02:52  What Philip was he doing before acquisitions
07:11  How he found his first acquisition
08:40  Ask for, Understanding the financial report cards
12:14   Making an offer - and target losing biggest customer
13:35  How did he finance the acquisition
15:09  How he felt after deal was signed
16:37  Post acquisition, what happens to the Employees
21:21 the importance of Praising Your People
22:52   Getting ideas and the employees Involved
29:44   Losing the BIG customer - what to do
32:49  CNC machines - bad luck
35:50  Time to start looking for 2nd acquisition
37:24  Credibility with brokers
38:34  Hold Co Legal structure
41:37  What drives Philip now - his WHY
43:49  Asking about the strategic jigsaw puzzle plan
48:15  His mentors - JT Fox
49:58  Types of Books he likes to read


Links
https://www.linkedin.com/in/philjepson/
https://www.alliedglobalengineering.com/



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