Built to Sell Radio
Ep 462 Matt Ebert on Selling Control to Private Equity and Expanding Crash Champions to 645 Locations
Oct 4, 2024
Matt Ebert, founder of Crash Champions, shares his journey from fixing his first car at 16 to leading one of the largest collision repair companies in the U.S. He discusses the financial strategies for transitioning to private equity and the challenges of scaling operations across 645 locations. The conversation also dives into balancing acquisitions with organic growth, adapting to industry changes, and maintaining a founder-led mindset despite Wall Street pressures. Ebert’s insights reflect the intricate dynamics of rapid business expansion in the automotive sector.
57:11
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Quick takeaways
- Matt Ebert's journey from a teenager fixing his own car to founding Crash Champions illustrates the importance of passion-driven entrepreneurship in achieving success.
- Ebert's strategic partnership with private equity not only facilitated rapid expansion but also required adapting to new complexities in operational management and financial growth.
Deep dives
Matt Ebert's Entrepreneurial Journey
Matt Ebert's entry into the car repair business began as a teenager when he had to fix his own car after an accident. This initial experience sparked a passion for collision repair, leading him to work under a family friend before starting his own body shop. Although he briefly ventured into other business endeavors, such as becoming a Subway franchisee, his desire to own a body shop ultimately prevailed. In 2014, he partnered with a retired body shop owner which set the stage for the establishment and growth of Crash Champions.
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