From Stalled Search to $750k SDE: The Power of Speed
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From Stalled Search to $750k SDE: The Power of Speed
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Register for the webinar:
- How to Offshore in a Blue Collar Business - July 1st - https://bit.ly/406jR5k
A friend pressed Grania Michel to change her search as if she had to close in 4 months. She was under LOI 2 weeks later.
Topics in Grania’s interview:
- Operating a business in Ecuador
- Emotional ups and downs during the search process
- Keeping her search private in the beginning
- Sending LOIs as quickly as possible
- Acquiring a commercial printing business in Miami
- Managing the deal process, debt consolidation, and equity structuring
- Translating her day one speech to Spanish on the fly
- Losing key employees after transition
- Why she recommends buying all the accounts payable
- Building a long-term legacy for her daughters
References and how to contact Grania:
- Associated Photo & Imaging
- Tripp Lawson and Mike McCoy at Viking Mergers
- Joe Spina and Taylor Gorman at Cullen and Dykman
- AppleTree
- Josh Richman at NewCo Risk
- Aspen HR
- Jared Johnson of First Internet Bank
- Search Fund Coalition
Learn more about Walker Deibel's done-with-you buy-side advisory:
- The Acquisition Lab
Get a complimentary IT audit of your target business:
- Email Nick Akers at nick@inzotechnologies.com, and tell him you’re a searcher
Download the New CEO’s Guide to Human Resources from Aspen HR:
- From this page or contact mark@aspenhr.com
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
Edited by Anton Rohozov
Produced by Pam Cameron