Life as an Operator: Leaving PE to Buy a $2m Tree Business
Acquiring Minds
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How to Reduce SDE in a Transaction
The transition is now no longer in process. I guess if you were going to have to make some of these additional hires because the father and our son were doing so much, then that reduced the SDE that you negotiated against for the multiple. And he engaged in good faith around that, right? And we reduced SDE by a lot in the L.O.I. process,. You know, the business needs to be run out of the seller's home, whereas we obviously needed a lease like a real commercial building. The key is that this wouldn't have worked if the sellers weren't like extremely understanding and aware that this business is not going to generate the same income that it did
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