Postmortem of a Broken Deal
Acquiring Minds
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The Quintessential Search Fund Acquisition
I like the operationally intensive blue collar service businesses when I showed up. It also seemed to me that kind of quintessential search fund acquisition where it was very antiquated yet despite that had historic profitability. There was no website. There was certainly no pricing strategy. So you couldn't glean this from their financials but they probably had a quarter of customers that weren't even profitable just doing some route distance analysis. They were using none of the ERPs that are out there now to help with bidding and pricing and route planning and scheduling and all that. And yes I was definitely excited, crazy as that may seem,. roll up my sleeves and be running another 60 something person organization at 545
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