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How to Buy a $800k Clinical Trials Firm & Grow It to $3m

How to Buy a $800k Clinical Trials Firm & Grow It to $3m

FromAcquiring Minds


How to Buy a $800k Clinical Trials Firm & Grow It to $3m

FromAcquiring Minds

ratings:
Length:
61 minutes
Released:
May 20, 2021
Format:
Podcast episode

Description

How former management consultant Scott Whitt acquired and grew a small clinical trials business into the millions.Key points from Scott's acquisition:
Triad was generating $850k in revenues & large 70% margins
Scott acquired it in 2015 for 3.5x earnings
Used ROBS for part of the acquisition financing
Grew revenues to $3m in 5 years
Predicts business can grow to $6-7m
Reach Scott Whitt:
scott_whitt@outlook.com
LinkedIn
His acquisition, Triad Clinical Trials

Official episode page & full show notes at AcquiringMinds.co:Buying a Clinical Trials Firm & Growing It to $3m
Released:
May 20, 2021
Format:
Podcast episode

Titles in the series (100)

Buying a business is an amazing path for many successful entrepreneurs. Learn how to buy a business from the entrepreneurs who have already done it. Stories, insights, & valuable advice about acquisition entrepreneurship. Hosted by Will Smith, who is on his own path to acquire a business.