The Personal Guarantee in Project-Based Business Deals

In 2021, Johannes Hock bought an artificial turf installer business doing $5m. It's on track to exceed $15m in 2023. 

Topics in Johannes’s interview:

• Comparing opportunities in private equity vs search
• Sources of deal flow beyond BizBuySell
• Mapping multiples to months for better perspective
• Acquiring an artificial turf company
• The luxury of finding a business with a GM
• How to value and finance a fast-growing business
• Tracking data from day one of ownership
• How weather affects his cash flow
• Unexpected costs of sales commissions
• Benefits of having a partner in search

References and how to contact Johannes:

• LinkedIn
• Twitter
• DFW Turf Solutions
• Buy Small Sell High

Get a complementary pre-acquisition HR & PEO review for your target business:

• Contact mark@aspenhr.com or visit Aspen HR

 Get complimentary due diligence on your acquisition's insurance & benefits program:

• Oberle Risk Strategies - Search Fund Team

Connect with Acquiring Minds:

• See past + future interviews on the YouTube channel 
• Connect with host Will Smith on LinkedIn 
• Follow Will on Twitter