Strategic Insights on Acquiring Bankrupt Companies

Walt Reynolds is a senior leader in the electrical supply industry with over 30 years of executive experience. In 1998, he became President of The Reynolds Company and drove its explosive growth over the next two and half decades. Under his leadership, the company became one of the largest independent electrical distribution companies in the United States with 34 locations across Texas and Southwest US.

We discuss:

- Walt’s career and building The Reynolds Company

- Acquisitions theses and buying bankrupt companies

- ESOPs

- Leadership principles

- Working with friends

We'd appreciate you filling out our audience survey, so we can continuously work on providing relevant content to our listeners. 

https://www.thefortpod.com/survey

Support our Sponsors

Better Pitch: https://bit.ly/42d9L0I

Vesto - https://www.vesto.com/fort

Fort: https://bit.ly/FortCompanies

Follow Fort on LinkedIn: https://www.linkedin.com/company/fort-companies/

Topics:

(00:00:00) - Intro

(00:04:30) - To know you is to know your father

(00:08:50) - The history of the Reynolds Company and the electrical supply industry

(00:20:39) - Walt’s career

(00:43:43) - Scaling Reynolds

(00:48:29) - Working with your friends

(00:52:16) - Pivoting into acquisitions

(01:01:47) - Selling the business

(01:08:14) - ESOPs

(01:11:55) - Walt’s role post-close

(01:16:05) - Leadership Principals

Chris on Social Media:

The Fort Podcast on Twitter/X: https://x.com/theFORTpodcast

Instagram: https://www.instagram.com/thefortpodcast

LinkedIn: https://bit.ly/45gIkFd

Watch The Fort on YouTube: https://bit.ly/3oynxNX

Visit our website: https://bit.ly/43SOvys

Leave a review on Apple: https://bit.ly/45crFD0

Leave a review on Spotify: https://bit.ly/3Krl9jO 

The FORT is produced by Johnny Podcasts