Holdco Origin Story: The Bumpy Road to $3m EBITDA
Acquiring Minds
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Navigating Acquisitions and Financing Challenges
Reflecting on lessons learned, the chapter explores the significance of seller notes in acquisitions and the value of having a holdback for all parties involved. It discusses the pivot towards electrical services, challenges in the industry, and preferences for service work over large construction projects. Additionally, it delves into the acquisition of an underground construction company, decision-making processes on debt choices, and the complexities of obtaining approval for business transactions.
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