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Buying a $3m Candle Manufacturer That Had No Books

Buying a $3m Candle Manufacturer That Had No Books

FromAcquiring Minds


Buying a $3m Candle Manufacturer That Had No Books

FromAcquiring Minds

ratings:
Length:
103 minutes
Released:
Oct 9, 2023
Format:
Podcast episode

Description

Chad Hildebrant knew the best deals have hair on them. The trick is finding the right hair, turning red flags green. Topics in Chad’s interview:
Buying a business that was not financeable
Getting a 60% seller note
Reconstructing 3 years of financial records
Deal fatigue during negotiations
Burning himself out in the first quarter post-transition
3 explanations for chaos in a business
Comparing management to parenting
The 3 types of candle makers
How he generates new sales
The importance of having friends who are operators
References and how to contact Chad:
LinkedIn
Twitter
A candle co.
Learn more about Walker Deibel's done-with-you buy-side advisory:The Acquisition Lab Get complimentary due diligence on your acquisition's insurance & benefits program:Oberle Risk Strategies - Search Fund TeamConnect with Acquiring Minds:
See past + future interviews on the YouTube channel

Connect with host Will Smith on LinkedIn

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Released:
Oct 9, 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.