Acquiring Minds

Buy Big: How to Acquire a $3m EBITDA Roofing Business

9 snips
May 30, 2023
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ADVICE

Cultivate Local Broker Relationships

  • Get on local brokers' lists because they run outbound and know motivated sellers.
  • Stop overinvesting effort in proprietary deal-hunting when brokers already do that work.
ANECDOTE

Found The $3M EBITDA Roofer On BizBuySell

  • Austin found the roofing business listed on BizBuySell and pursued it through a local Florida broker.
  • The seller was founder-centric, and Austin closed after a seven-month process that included growth during diligence.
INSIGHT

Deal Sourcing Is Numbers Plus Luck

  • Luck and consistent outreach matter more than perfect strategy when sourcing deals.
  • You must put in the reps and treat deal-sourcing as a numbers game to find gems.
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