
Episode 119 — The Flip Side: A Sell-Side Perspective
The Boardroom Buzz: Grow, Sell, or Exit
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I'm Not Going to Grow a $500 Million Pest Control Business, but These Guys Are Reaching Down
A good chunk of them were banking on the fact that financial conditions would continue to tighten and it would put downward pressure on transaction multiples. I'm seeing a transaction right now where a financial sponsor is buying a platform deal to do in six or seven million in revenue. You spend your whole life building a pest control business. You don't want to shit the bed in the last inning by not running a formal process. It's almost guaranteed you'll leave sizable money on the table.
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