Exploring the Viability of Paving Companies in Acquisition Entrepreneurship

With 4 acquisitions since starting in 2018, Justin Turner explains how his team is building a permanent equity holdco. 

Themes from Justin’s interview:

• The appeal of holding on to companies for a longer period
• Why buying a $4-5M business might be easier than buying a $1M one
• Letting the seller relationship develop naturally
• Why paving companies make great acquisitions
• Waiting to finalize the equity until after the deal is in hand
• Setting acquisitions up in a holdco structure

Reach Justin at:

• j turner at traction cp dot com