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FedEx & Fencing: A Pivot into Ownership
Published 1 year, 5 months ago
Description
Register for the webinar:
- 5 Steps to the Business Buying Process - Thu April 10th - https://bit.ly/41RC4oN
After his foray into SMB ownership went well with FedEx routes, Matt O'Brien bought & doubled a $2.5m fencing business.
Topics in Matt’s interview:
- Buying and expanding FedEx routes
- Nuances of buying a FedEx route
- Selling his routes at peak value during Covid
- Acquiring a commercial fencing business
- Keeping the seller’s son on as president
- Injecting more money for working capital
- Impact of equipment on debt
- Trucking acquisition that failed
- Where he finds high quality employees
- Private equity in the fencing industry
References and how to contact Matt:
- Professional Fence Co.
- Chris Edwards on Acquiring Minds: Buy, Grow, Exit for a 24x Return in 3.5 Years
- Brett Kennedy on Acquiring Minds: Reflections on 2 Years in the Knife Fight
- Sam Rosati on Acquiring Minds: How to Become an Independent Sponsor
Work with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:
Get complimentary due diligence on your acquisition's insurance & benefits program:
Download the New CEO’s Guide to Human Resources from Aspen HR:
- From this page or contact mark@aspenhr.com
Get $200 off your ticket to the M&A Launchpad Conference in Houston on May 3rd:
- https://www.malaunchpad.com & enter code ACQUIRINGMINDS
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
Edited by Anton Rohozov
Produced by Pam Cameron