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White Collar Roll-Up from $700k to $12m
Manage episode 431212742 series 2931927
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 business
- Spending 2 years preparing the deal
- Overpaying for a 180k SDE business
- Doubling the businesses through organic growth
- Pros and cons of seller notes
- “We’re buying a bucket of people and problems”
- Bolting on language companies as a growth strategy
- How fast they integrate newly acquired businesses
- Opportunities for white-collar rollups
- Growing from 4 to 42 employees
References and how to contact Jordan:
- Language Network
- Simple Numbers, Straight Talk, Big Profits!: 4 Keys to Unlock Your Business Potential by Greg Crabtree
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:
Smithlist is a job board for leadership roles at small businesses. If you're not ready to buy a business but want to lead one:
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
280 episodes
Manage episode 431212742 series 2931927
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 business
- Spending 2 years preparing the deal
- Overpaying for a 180k SDE business
- Doubling the businesses through organic growth
- Pros and cons of seller notes
- “We’re buying a bucket of people and problems”
- Bolting on language companies as a growth strategy
- How fast they integrate newly acquired businesses
- Opportunities for white-collar rollups
- Growing from 4 to 42 employees
References and how to contact Jordan:
- Language Network
- Simple Numbers, Straight Talk, Big Profits!: 4 Keys to Unlock Your Business Potential by Greg Crabtree
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:
Smithlist is a job board for leadership roles at small businesses. If you're not ready to buy a business but want to lead one:
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
280 episodes
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