Most people hear about spectacular acquisitions made by strategic acquirers or giant private equity groups. But the reality is, you’re likely to sell your company to a small business in your sector that nobody outside your industry has ever heard of.

In our latest episode of Built to Sell Radio, part of our Inside the Mind of an Acquirer series, we get inside the head of Kristi Herold. Kristi is the founder of Jam, a company based in Toronto that connects people through adult recreational sports leagues and corporate team-building events.

Kristi has successfully completed 11 acquisitions, making her a prime example of how small businesses buy other small companies.

Midday News: FAA Upgrades at Newark Airport, NYC Backs Legal Efforts to Free Detained Student, and Rep. Jerry Nadler Calls for DHS Probe After Aide Handcuffed