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Mar 2025
1h 49m

Buying in a Small Market, Building a Reg...

Will Smith
About this episode

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Jonathan Bournigal returned to his native Dominican Republic to buy a business. He found a small one and has 6x'd it.

Topics in Jonathan’s interview:

  • Boomer-owned businesses vs family-run businesses
  • Avoiding the label of “tire kicker”
  • Searching in a country the size of Rhode Island
  • Why multiples are higher in the Dominican Republic
  • Selling when your life depends on it
  • Real estate: own or rent?
  • Venture capital vs. growth equity vs. LBO
  • Growing the business without debt
  • Pros and cons of dominating the market in a small country
  • How to structure investor terms in markets where exits are rare

References and how to contact Jonathan:

Get $200 off your ticket to the M&A Launchpad Conference in Houston on May 3rd:

Download the New CEO’s Guide to Human Resources from Aspen HR:

Get a free review of your books & financial ops from System Six (a $500 value):

Get a complimentary IT audit of your target business:

Connect with Acquiring Minds:

Edited by Anton Rohozov
Produced by Pam Cameron

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