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Manufacturing Opportunity: Look Where Others Aren't

Acquiring Minds

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What About the Model Doesn't Work?

Manufacturing is a little harder to operate fundamentally because, you know, a little lower margins. There's a CAPEX requirement that's often a lot higher than that of like a HVAC business. Sometimes the cash flow conversion cycles are really slow. So all those things can make it tough for growth rate. A bank will love it, but an equity investor might not. And I think that's why they think there's less of a chance you're going to succeed in the search itself.

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