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Jeff DeGarmo
Co-founded Cubic, a marketing and web development agency, which he sold after 16 years. Currently involved in business coaching and brokerage.
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May 9, 2025
• 45min
Ep 493 Exit Story: Selling a 20-Person Agency for 5.5x EBITDA
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Jeff DeGarmo, the co-founder of Cubic, shares his journey of building a 20-person marketing agency over 16 years and selling it for 5.5x EBITDA. He reflects on the challenges of transitioning from military service to entrepreneurship and navigating complex negotiations. Jeff discusses how his agency evolved from a web-focused firm to a full-service agency, emphasizing the importance of recurring revenue. He also addresses the emotional journey of selling a business and his commitment to empowering veterans in entrepreneurship through coaching and resources.
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