The Pros and Cons of a New Business Owner

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