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Owner vs CEO: 2 Approaches to Buying a Business

Acquiring Minds

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The Success of a Self-Funded Search

Derek O'Mara is the founder and CEO of LOY Search, a self-funded search firm. He sold his company last year but was looking for another business to buy when he came across rolling shutter fabricators in Phoenix. They had grown their e-bets from about $100,000 to more than two million dollars per month. The owners wanted to get into consulting so they offered him an offer that made them want to sell. But after some thought, it seemed like this would be best for all parties: buyer or seller? "It just seemed like there would be a great opportunity"

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