ETA·BRAINa Katyella project

Acquiring Minds

Exiting for Millions vs. Long-Term Hold

Excerpts · 305 segments · ~1:22:02 long

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So, you know, this, this business right now is about 110 employees. The whole business. Okay. Both factories, about 110 employees, about 15 million in kayaks and about seven in custom molding.

Okay, well, it's such a different, it's such a different business. Even though you've said how profitable incredible it is. And as your kayak business grow, grew, grows it.

I just, it seems like along the way you just would have gone all in. I don't know, I just would occur.

No, we actually really like the diversity of custom. Actually there's a third business that we are doing a lot with now called Cool Tops Canopy, which is, which is aftermarket canopies for commercial mowers and tractors. And that's, you know, that started from zero and we made an acquisition there in 2022 that's pushing 3 million right now.

So like, what's the common theme around all this? The common theme is rotational molding and thermoforming of large plastic parts. Everything we do has that as a core.

And then we have our own products where we use these processes. And then we also have this custom business that use these processes. So it's machinery, it's people, it's factories.

And these capabilities get employed in a number of ways, if that makes any sense.

So you. It's a 22 million dollar business started back, or your entry into the business back in 2002. I think you said it was doing 2 million at the time, but it was.

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