ETA·BRAINa Katyella project

Acquiring Minds

Stacking Small Acquisitions to $5m in Revenue

Excerpts · 327 segments · ~1:14:49 long

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Yeah, I think it's one of those things where, you know, you have a child and those nine months afterwards, you can. You don't want another one right now. Right. And sometimes you could envision never having another one.

And then they start to get cute, you know, two, three years old. And then you're like, well I, I could, I could do this again. I need, just need some time to, to, to really relax as far as the transition process.

So give me a year, ask me again. I'm sure we'll buy something else, but I think we have enough to stabilize and systems processes and continue to build for the future. I'm sure we'll buy something else, just not right.

Yeah, I'm just not sure. This is pure instinct. I can't back this up really.

But I'm not sure getting to 10 million in EBITDA in your lifetimes is possible without some, without doing some acquiring. That would be a huge amount of organic growth.

Let me, let me, let me retract my statement. Nothing small ever again. Okay, great. Well, that was going to be my next question.

So these little tiny businesses that you were buying, no more of those?

No, Kyle, I, I, I, I totally agree. And you see the, the strategies where people will bring their 3 million dollar EBITDA to a 5 million dollar even and they partner together and then have an exit together or enjoy a, a way larger valued company. So I would rule nothing off the table except for anything south of a million dollars revenue probably.

But you know, it's interesting to me because I feel like now that you have kind of much more of a real platform, integrating those tiny little bolt ons would be easier now. You could, you could, you could just, you know, fuse it into the Borg pretty easily.

No, it's not pretty easily, but much easier than you were doing before. And, and also you have all this, all this experience at doing it. So you guys are much more experienced, there's more of an institution to, to receive the, the bolt on.

No, we had just closed on these last two and a half million dollars of business acquisitions in the last two weeks. We had to absolutely will them over the finish line.

And we are, we are tired, we do have deal fatigue. So it would be nice to catch our breath, experience some more organic growth and then we might come back on your show in a couple years with a whole different 20, 28. Yeah, if we held true to what we said.

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