ETA·BRAIN

Acquiring Minds

How Business-Buyer Fit Led to 2.2x and No PG

Episode
Excerpts · 410 segments · ~1:33:42 long

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Yes. So anywhere that there's any type of medical procedure being done that requires a surgical table or a light, that's. Yeah. So that's where we, where we play in. And we have a number of different products that we offer that we can fit with any customer. So it's unlimited as to who we can work with.

Yeah, so last year they did a revenue of just over 2 million in revenue. And SDE on that number last year was 889,000 for, for last year.

You know, Enzo Technologies as one of the leading IT managed service providers serving the search community. Led by Nick Akers, an acquiring minds guest who bought the 35 year old business. The team at INZO regularly works with searchers and their acquisitions.

And one feature of acquired businesses that Enzo is seeing over and over is the need to implement cybersecurity promptly during the transition. So many acquired small businesses either have glaring vulnerabilities, lack security best practices or both. That step one to de risk the deal you just closed should be addressing these issues.

INSO is your full service IT MSP for post close stability. They assess your target, surface the biggest risks in plain English and give you a day one through 30 plan to cut exposure, prevent downtime and even find cost takeouts like bloated telecom bills. Check out enzotechnologies.com I N Z O or email Nick directly at nicknzotechnologies.com.

We're going to turn our attention back to the kind of business itself in a few minutes. But we got to hear more about these numbers. Yeah, so 2,2 million in revenue and 889 in SDE.

Let's call it 900 to make it easy. Yeah, so those margins are eye popping. That's almost, that's almost. What is that for like 45% net margins?

Yeah, so the great thing with it being a distributor is that. So the distributor pays my company a commission based on the sales that we sell the equipment to facility. But then also so from a installation and service piece.

So installation we get about 90% of the installation costs. But then service is 100% of the service call because the service team is employed by me. And that's where essentially we'll get five, three service calls in a day.

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How Business-Buyer Fit Led to 2.2x and No PG · ETA Brain