How To Buy 5 Businesses and Build a $60m Holdco (No Investors) | Dan Tamkin Interview

Meet Dan Tamkin, co-founder of Resurgent Capital Partners:

- Portfolio of 4 companies in different industries

- $60M in revenue

- $8M EBITDA

- No LPs

- Happy, excited about life, spends tons of time teaching kids to play hockey

This is a must listen for someone who’s extremely good at growing and building a single company but feels that they aren’t happiest and need more moving parts on their life:

“When I started to understand who I am – I get really bored if I do one thing for over 3 years. After realizing that about myself, my dream has always been owning four businesses because I thought it would keep me curious and interested – and it has! I’m the happiest right now.”

I hope you enjoy listening as much as I enjoyed talking to Dan Tamkin from Resurgent Capital Partners.

Show notes:

00:00:00 - Intro

00:00:40 - Rejected by PE and “You have to start somewhere”

00:04:45 - Lessons for growing businesses from losing money to break even in 30 days

00:08:45 - I get really bored if I focus on one company only

00:13:12 - The structure of the first deal which took almost 24 months

00:20:41 - Post acquisition

00:24:34 - How to incentivize CEOs

00:33:58 - Organic growth vs. through M&A

00:42:50 - How they find the best deals and people to run portfolio businesses

00:52:59 - No PE firm wanted him, so he wasted a few years of his life trying to get a permission to succeed

01:00:30 - Taking LPs money in the future (maybe...)

Follow Mikk/PrivatEquityGuy on Twitter: ⁠⁠⁠https://x.com/PrivatEquityGuy⁠⁠⁠

Dan on Twitter: ⁠⁠⁠https://x.com/Dan_Tamkin

This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.