AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Acquiring Minds
First Acquisition in March, $200m by Year End
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.
01:44:26
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- The garage door repair industry's 92% market fragmentation presents a unique opportunity for strategic consolidation and rapid growth.
- Building trust through handwritten letters and personalized relationships allows for successful acquisitions in a traditionally impersonal industry.
Deep dives
Exceptional Growth in the Garage Door Industry
The garage door repair industry is witnessing significant growth, with one company aiming for $200 million in revenue and $30 million in EBITDA by the end of the year. This rapid ascent is attributed to a strategic consolidation approach, where the team is rolling up independent garage door businesses. This business model capitalizes on the 92% fragmentation of the market, targeting over 15,000 small operators. The potential for profit in this sector is bolstered by a reported total addressable market of around $33 billion for both residential and commercial services, indicating massive expansion opportunities in a previously neglected industry.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode