E223: The Pilot Project: A Solution For First Time Buyers to Buy Lower Markets and Sell A Roll-Up
How2Exit: Buy, Don't Build - M&A of Small Businesses
Navigating Succession: The Boomer Business Challenge
This chapter explores the specific hurdles that retiring baby boomer business owners face, particularly those operating smaller enterprises valued under $20 million. It outlines the GenX Capital Group's strategy to acquire and consolidate these businesses, enhancing their infrastructure to appeal to mid-market private equity firms.
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(RE-UPLOADED)
Watch Here: https://youtu.be/f7lSzU7s13k
About the Guest(s): Roger Best is a seasoned professional with a diverse background spanning mechanical engineering, law, and private equity. He has a rich history working with prominent organizations like BP, Honeywell, and General Motors, managing complex engineering and construction projects. Roger transitioned into the real estate sector, focusing on condo development and conversions, and later into corporate law, sharpening his skills in mergers and acquisitions. He is currently a key figure at GenX Capital Group, specializing in private equity and strategic roll-ups of lower market companies.
Summary: In this episode of the How2Exit Podcast, host Ronald Skelton interviews Roger Best from GenX Capital Group, whose multidisciplinary journey spans mechanical engineering, real estate, law, and private equity. Roger recounts his transition from managing engineering projects to diving into the real estate boom of the early 2000s and his current role in private equity. He discusses how he leverages his diverse skills in mergers and acquisitions, highlighting GenX Capital Group’s innovative pilot project that uses SBA financing to help entrepreneurs and managers acquire and scale lower middle-market companies. The conversation also covers the importance of implementing professional infrastructure to make small businesses appealing to middle-market buyers and the selection criteria for ideal operators, focusing on leadership, P&L responsibilities, and experience in managing complex projects, offering valuable insights for those interested in private equity and strategic business roll-ups.
Key Takeaways:
Contact Roger on
Linkedin: https://www.linkedin.com/in/bestroger/
The Acquisition Pilot Project: https://drive.google.com/file/d/1yJg2mVCeL-5UVrqX0HV70lT-eQQNXt1k/view?usp=drive_link
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How2Exit Joins IT ExchangeNet's Channel Partner Network!
Have an IT Company doing between $5M and $30M You may Sell?
The IT ExchangeNet M&A Marketplace @Ronald Skelton - How2Exit Host has a proprietary database of 50,000+ global buyers seeking IT Services firms, MSPs, MSSPs, Software-as-a-Service platforms and channel partners in the Microsoft, Oracle, ServiceNow and Salesforce space.
If you are interested in learning more about the process and current market valuations, complete the contact form and we’ll respond within one business day. Everything is kept confidential.
Our partnership with IT ExchangeNet focuses on deals above $5M in value. If you are looking to buy or sell a tech business below the $5M mark, we recommend Flippa.
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💰If you’d like additional ways to support this podcast, you can become a paid subscriber here: https://how2exit.substack.com/
►Visit Our Website: https://www.how2exit.com/
📧For Business Inquiries: Me@4sale2sold.com
Don't Forget to SUBSCRIBE to the How2Exit channel and press (🔔) to join the Notification Squad and stay updated with new uploads.✨
👇🏻SUBSCRIBE HERE
https://www.youtube.com/channel/UC_ONnhwaKSTPFt2nOxKoXXQ?sub_confirmation=1
𝐖𝐚𝐧𝐭 𝐭𝐨 𝐬𝐞𝐞 𝐦𝐨𝐫𝐞 𝐜𝐨𝐧𝐭𝐞𝐧𝐭 𝐥𝐢𝐤𝐞 𝐭𝐡𝐢𝐬...?
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👍 Like the video (it helps a ton!)
💬 Comment below to share your opinion!
🔗 Share the video with anyone you think might help :) ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
📱Stay Tuned On Our Social Media :
» Linkedin - https://www.linkedin.com/in/ronskelton/
» Twitter - https://twitter.com/ronaldskelton
» Facebook - https://www.facebook.com/How2Exit
» Newsletter - http://deeper.how2exit.com/
Previous Episode: E222: Paul Neal Discusses Wealth Building by Owning Business Property -https://youtu.be/7yv4lBmHPqg
#How2Exit # # 💖Thanks for watching! 💖
Become a supporter of this podcast: https://www.spreaker.com/podcast/how2exit-buy-don-t-build-m-a-of-small-businesses--4859429/support.
Watch Here: https://youtu.be/f7lSzU7s13k
About the Guest(s): Roger Best is a seasoned professional with a diverse background spanning mechanical engineering, law, and private equity. He has a rich history working with prominent organizations like BP, Honeywell, and General Motors, managing complex engineering and construction projects. Roger transitioned into the real estate sector, focusing on condo development and conversions, and later into corporate law, sharpening his skills in mergers and acquisitions. He is currently a key figure at GenX Capital Group, specializing in private equity and strategic roll-ups of lower market companies.
Summary: In this episode of the How2Exit Podcast, host Ronald Skelton interviews Roger Best from GenX Capital Group, whose multidisciplinary journey spans mechanical engineering, real estate, law, and private equity. Roger recounts his transition from managing engineering projects to diving into the real estate boom of the early 2000s and his current role in private equity. He discusses how he leverages his diverse skills in mergers and acquisitions, highlighting GenX Capital Group’s innovative pilot project that uses SBA financing to help entrepreneurs and managers acquire and scale lower middle-market companies. The conversation also covers the importance of implementing professional infrastructure to make small businesses appealing to middle-market buyers and the selection criteria for ideal operators, focusing on leadership, P&L responsibilities, and experience in managing complex projects, offering valuable insights for those interested in private equity and strategic business roll-ups.
Key Takeaways:
- The significance of diverse professional backgrounds in succeeding in private equity.
- How GenX Capital Group is addressing the "Silver Tsunami" of retiring baby boomers with their innovative pilot project.
- The strategic role of SBA financing in facilitating business acquisitions for entrepreneurs.
- Importance of operational systems and professional infrastructure in scaling lower middle-market companies.
- Criteria for selecting ideal operators, emphasizing leadership, project management, and financial oversight skills.
Contact Roger on
Linkedin: https://www.linkedin.com/in/bestroger/
The Acquisition Pilot Project: https://drive.google.com/file/d/1yJg2mVCeL-5UVrqX0HV70lT-eQQNXt1k/view?usp=drive_link
--------------------------------------------------
How2Exit Joins IT ExchangeNet's Channel Partner Network!
Have an IT Company doing between $5M and $30M You may Sell?
The IT ExchangeNet M&A Marketplace @Ronald Skelton - How2Exit Host has a proprietary database of 50,000+ global buyers seeking IT Services firms, MSPs, MSSPs, Software-as-a-Service platforms and channel partners in the Microsoft, Oracle, ServiceNow and Salesforce space.
If you are interested in learning more about the process and current market valuations, complete the contact form and we’ll respond within one business day. Everything is kept confidential.
Our partnership with IT ExchangeNet focuses on deals above $5M in value. If you are looking to buy or sell a tech business below the $5M mark, we recommend Flippa.
--------------------------------------------------
💰If you’d like additional ways to support this podcast, you can become a paid subscriber here: https://how2exit.substack.com/
►Visit Our Website: https://www.how2exit.com/
📧For Business Inquiries: Me@4sale2sold.com
Don't Forget to SUBSCRIBE to the How2Exit channel and press (🔔) to join the Notification Squad and stay updated with new uploads.✨
👇🏻SUBSCRIBE HERE
https://www.youtube.com/channel/UC_ONnhwaKSTPFt2nOxKoXXQ?sub_confirmation=1
𝐖𝐚𝐧𝐭 𝐭𝐨 𝐬𝐞𝐞 𝐦𝐨𝐫𝐞 𝐜𝐨𝐧𝐭𝐞𝐧𝐭 𝐥𝐢𝐤𝐞 𝐭𝐡𝐢𝐬...?
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
👍 Like the video (it helps a ton!)
💬 Comment below to share your opinion!
🔗 Share the video with anyone you think might help :) ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
📱Stay Tuned On Our Social Media :
» Linkedin - https://www.linkedin.com/in/ronskelton/
» Twitter - https://twitter.com/ronaldskelton
» Facebook - https://www.facebook.com/How2Exit
» Newsletter - http://deeper.how2exit.com/
Previous Episode: E222: Paul Neal Discusses Wealth Building by Owning Business Property -https://youtu.be/7yv4lBmHPqg
#How2Exit # # 💖Thanks for watching! 💖
Become a supporter of this podcast: https://www.spreaker.com/podcast/how2exit-buy-don-t-build-m-a-of-small-businesses--4859429/support.
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