
Ep 49: I Acquired a Fantastic Business, But It Was a Challenge
Buy and Build
The Pros and Cons of Working With Lock and Gowan
I think firstly, expectations are just so much more realistic. They had a very clear understanding of what an asset like business is able to trade at in terms of multiples. So this was already pre-vetted and having a conversation like that where they are just very clear on the options available. It took about nine months from the first call that I had with the owners to closing. This could have been three months quicker, frankly, if it were not for a very difficult lending ecosystem in the UK.
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