Episode Details

Jeremy has bought and sold over 100 businesses, but never uses a broker.

1. Treat a company like a product. You buy one and then you sell it
2. Again, never use brokers!
3. Buy right and you’re gonna win
4. Do more of what works
5. Joint ventures and the beauty of it

Great story with Jeremy building a holding company in Dubai while the team is based in Singapore.

Important note: he does all that while traveling twice a month with the family.

Enjoy!

Show notes:

00:00:00 - Intro

00:02:29 - First acquisition

00:09:51 - Competition on $2-5m deals vs $10m deals

00:12:31 - Early days and growth from 25 employees to 135 employees

00:17:31 - Having a big income vs. selling the business and putting the profits into a new business

00:26:19 - Never use brokers: how to find the best companies and build a pipeline of 100 companies

00:35:37 - Characteristics of companies they acquire today

00:40:10 - Buy-and-sell vs building a huge holding company

00:42:55 - Post acquisition: "I delegate everything, I never show up, and they don't even know me"

00:45:22 - Portfolio company as of today

00:50:28 - Still terrible at fundraising

00:53:09 - Why not raise $200 million and go big

00:55:03 - Doing more of what works

00:56:32 - Joint ventures and the beauty of it

Follow Mikk/PrivatEquityGuy on Twitter: ⁠⁠⁠https://x.com/PrivatEquityGuy⁠⁠⁠

Jeremy on Twitter: ⁠⁠⁠https://x.com/JeremyJHarbour

This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.