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16 Months to Exit: Cleaning Up in Street Sweeping

16 Months to Exit: Cleaning Up in Street Sweeping

FromAcquiring Minds


16 Months to Exit: Cleaning Up in Street Sweeping

FromAcquiring Minds

ratings:
Length:
100 minutes
Released:
Jul 31, 2023
Format:
Podcast episode

Description

Manny Saxena quickly bought 3 street-sweeping businesses to become the largest player in NorCal. A big PE fund noticed. Topics in Manny’s interview:
The importance of maintaining a strong pipeline during search
Why he chose a street-sweeping business during COVID
The transition into running a blue-collar business and motivating the team
Why he recommends in-person conversations with sellers
Advice for other immigrants in business
The importance of attitude and soft skills in hiring
Managing long-term contracts in an inflationary environment
The decision to sell the business to a private equity firm
The pros and cons of having a union presence
His ongoing roll-up strategy in the solar industry
References and how to contact Manny:
LinkedIn
HBR Case Study: Swept Up in Uncertainty at PowerSweeping
Mars Equity Partners
Connect with A-players who can run your business remotely:More Staffing Get complimentary due diligence on your acquisition's insurance & benefits program:Oberle Risk Strategies - Search Fund TeamConnect with Acquiring Minds:
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Released:
Jul 31, 2023
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.