1 Business vs. Many: Deciding to Roll Up
Update: 2024-06-13
Description
Elliott Edge started as a searcher looking for a single business, then pivoted to a roll-up. He's 7 acquisitions in.
Topics in Elliot’s interview:
- His philosophy on submitting LOI’s
- Acquiring a managed service provider amidst Covid
- His wife’s role in the acquisition
- Value of an MBA in acquiring a business
- Quickly going remote when Covid hit
- Building trust with employees
- How soon and fast to make changes
- Creating more value through roll-ups
- Integrating new acquisitions into the roll-up
- His belief in continuous change
References and how to contact Elliot:
- Recording of the The Anatomy of an LOI webinar with Sam Rosati
- Velonex Technologies
Smithlist is a new job board for leadership roles at small businesses. If you're not ready to buy a business but want to lead one:
Work with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:
Get a complementary pre-acquisition HR & PEO review for your target business:
- Contact mark@aspenhr.com or visit Aspen HR
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
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