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SZN1: The Starting Point in Acquisitions with Matthew Nix, 376

SZN1: The Starting Point in Acquisitions with Matthew Nix, 376

FromMaking Chips Podcast for Manufacturing Leaders


SZN1: The Starting Point in Acquisitions with Matthew Nix, 376

FromMaking Chips Podcast for Manufacturing Leaders

ratings:
Length:
29 minutes
Released:
Oct 3, 2023
Format:
Podcast episode

Description

How do you increase your capacity, make more chips, and bring on new clients without buying a new machine or pitching yourself to a single end user? Buying a company. Acquisitions are a large part of how we’ve all built our companies. But how do you start acquiring companies? Why would you want to?  In this episode of MakingChips, Adam Schmitt—the Managing Partner of ProFab Alliance—joins Jason, Nick, and I (Matthew Nix) to dive into the starting point of acquisitions. Because if you’re not making acquisitions, you’re not MakingChips, and if you’re not MakingChips, you’re not making money. BAM! – Matthew Nix Segments [3:43] Manufacturing News: Trade School Programs [9:39] Why should you make acquisitions?  [16:04] How should you look for acquisitions?  [23:35] Buyout conversations gone wrong [26:39] Why you need to pay attention to due diligence Resources mentioned on this episode FabTech Adam Schmitt ProFab Alliance Trade School Programs Thrive Amid Overall College Enrollment Decline Connect With MakingChips www.MakingChips.com On Facebook On LinkedIn On Instagram On Twitter On YouTube
Released:
Oct 3, 2023
Format:
Podcast episode

Titles in the series (100)

MakingChips is hosted by a set of multi-generational manufacturing leaders who are on the factory floor everyday, living their lives in the world of manufacturing—they know first hand that manufacturing can be challenging. Founders Jim Carr and Jason Zenger released their first podcast in late December 2014—releasing over 300 episodes to-date, reaching more than 650,000 downloads—all while striving to deliver on their mission, to “equip and inspire the metalworking nation.” In 2019, Nick Goellner, another multi-generational manufacturing leader, joined the MakingChips hosts, bringing a third generation of manufacturing leaders to the table. Join the hosts as they work through industry challenges with leaders such as Titan Gilroy (Titans of CNC), John Saunders (NYC CNC), Mark Terryberry (Haas Automation) and more.