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Mike Botkin - Central Florida Landscape M&A Playbook - Ep.88

Published 4 years, 9 months ago
Description

My guest in this episode is Mike Botkin. You might remember Mike from episode 48 where he described acquiring B&B landscaping in Orlando, Florida with his investor equity raised entirely from Twitter.

Well, he's acquired a bigger one and has raised a holding company called Benchmark Group to buy and build a vertically integrated lawn care and landscaping business in central Florida. In addition to Mike's new acquisition and holding company, we also talk about systems and policies he's implemented at B&B, how he hires and routines members of his team, and benefits from scale and vertical integration.

Mike has become a great friend of mine over the last year, and I always leave our calls thinking we should have hit a record. I'm glad we were able to do so for this episode and mark this momentous event in his career.

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Links Mentioned: Think Like an Owner Sponsors

Live Oak Bank - Live Oak Bank is a seasoned SMB lender providing SBA and conventional financing for search funds, independent sponsors, private equity firms, and individuals looking to acquire lower middle market companies. Live Oak has closed billions of dollars in SBA financing and is actively looking to help more small company investors across the country. If you are in the process of acquiring a company or thinking about starting a search, contact Lisa Forrest or Heather Endresen directly to start a conversation or go to www.liveoakbank.com/think.

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Oberle Risk Strategies- Oberle is the leading specialty insurance brokerage catering to search funds and the broader ETA community, providing complimentary due diligence assessments of the target company's commercial insurance and Employee benefits programs. Over the past decade, August Felker and his team have engaged with hundreds of searchers to provide due diligence and ultimately place the most competitive insurance program at closing. Given August's experien

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