37 min listen
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
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)
Pivoting to Swag in 7 Acquisitions Over 8 Years: Two brothers took over a 110-year-old business in a stagnating industry. 7 acquisitions later, the future is bright. by Acquiring Minds