One was the B2B model selling to custom home builders, and the other one was home replacement, where we'd sit down with Mr. And Mrs. Smith and talked about your Windows and, you know, and have that direct relationship selling you and installing your windows.
Acquiring Minds
Buying a $40m Business as a 49-Year-Old First-Timer
Excerpts · 416 segments · ~1:31:24 long
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Right. And the business was what, in revenue?
Right. About 40 million.
40 million. Okay, so a sizable business. And how many employees?
It was about 90 when we started.
Okay, so sizable business. Yeah, that is definitely what we would say today is independent sponsor territory. Not so much search or territory.
And so there was an operator there who'd been very successfully operating it, but we did not have any equity, was not an owner. And so the opportunity was this gentleman wanted to step into ownership, and I guess the owner. Owner was. Was looking to exit the business.
And so you would come in and work with the operator, and the two of you would partner to acquire it together. And as partners grow it.
Great.
Okay.
Yes.
In the. Putting the deal together and that being its own skill set that you were just telling us about, is there anything that you can share there any, anything to lear the actual structure.
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