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How to Acquire Your First Business in 3 Months

How to Acquire Your First Business in 3 Months

FromAcquiring Minds


How to Acquire Your First Business in 3 Months

FromAcquiring Minds

ratings:
Length:
55 minutes
Released:
May 27, 2021
Format:
Podcast episode

Description

How first-time acquirer Philippe Vanderhoydonck found a 30-year-old trade media business & bought it in under 3 months.Reach Philippe Vanderhoydonck at:
LinkedIn
His acquisition, PETS International

Key points from Philippe's acquisition:
PETS International is a 30-year-old trade publication that publishes 6 magazines and hosts 2 conferences per year
Generates 20-35% margins on low-seven-figure revenues
Opportunity is to expand online presence and product offering
Acquired for low seven figures, a 3x multiple of annual earnings
Acquisition went very quickly, only about 10 weeks
Official episode page & full show notes at AcquiringMinds.co:How to Acquire Your First Business in 3 Months
Released:
May 27, 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.