Acquiring Minds

Acquisition Unlock: €210m in 5 Years

18 snips
Oct 6, 2025
Nick Keegan, the Founder and CEO of MailMetrics, transitioned from a struggling €1M software start-up to a powerhouse generating over €210M through strategic acquisitions. He shares his journey from military aspirations to entrepreneurial endeavors, including the pivot that transformed his company. Nick discusses acquiring two printing firms simultaneously and his approach to financing high-interest deals. His unique four-pillar strategy emphasizes M&A and tech enablement, guiding MailMetrics toward ambitious growth and expansion plans, including a future in the US market.
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ANECDOTE

From Military Aspirations To Startup Founder

  • Nick planned to join the Irish Defence Forces but started a startup instead after a summer project turned serious.
  • That pivot from soldier-aspirant to founder set his career on an unexpected entrepreneurial path.
ANECDOTE

€700k App That Didn’t Find A Paying Market

  • Nick raised about €700k to build a mobile app that consolidated household bills but the idea failed commercially.
  • They spent three years on the product, burned cash, and came close to running out of funds.
INSIGHT

Who Pays Matters More Than The Problem

  • Solving a consumer convenience problem doesn't guarantee a payer or business model.
  • Nick realized early they had not asked who would actually pay for the service.
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