Acquiring Minds First Acquisition in March, $200m by Year End
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Dec 9, 2024 Jordan Dubin, co-founder of Guild Garage Group, shares his remarkable journey scaling a garage door repair business through acquisitions. He details how he and his partners exceeded their five-year revenue goal in just one year. Jordan discusses the power of handwritten letters to potential sellers and maintaining local brands. He explains the strategic importance of trust in partnerships and why private equity hasn’t dominated this market yet. The conversation highlights his innovative approaches to sourcing deals and the critical role of timing in successful acquisitions.
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Early Inspiration
- Jordan Dubin's entrepreneurial journey began as an intern at Garnet Station Partners.
- He was inspired by the founders' relationship-building with Burger King franchise sellers.
Flexibility in Acquisitions
- Avoid rigidly boxing yourself in with strict acquisition criteria.
- Stay flexible and consider intangibles, as demonstrated by Guild Garage Group's success with smaller acquisitions.
Precedent Transactions
- Look for industries not overly saturated by private equity, but with a precedent transaction.
- This provides proof of concept and valuable insights into successful strategies.