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Palmer Higgins
Co‑founder of Chenmark who has led deal sourcing and now operates companies (CEO of Mainly Grass); background in buy‑side equity research and startups.
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Jan 31, 2022
• 1h 16min
7 Years Later: Leaving Wall Street to Buy Small Businesses
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James and Palmer Higgins, co-founders of Chenmark, made the leap from successful Wall Street careers to acquiring small businesses. They discuss the power of delayed gratification and the intellectual trade-offs between corporate life and entrepreneurship. With insights from over 30 acquisitions, they share lessons learned, strategies for navigating increased competition, and the risks involved in buying small versus big. Their diversified approach to holding companies highlights the advantages of investing across various industries, while underscoring the importance of fit and values in long-term success.
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