How to Recover from a Fraudulent Seller

Register for the webinar:

• Deal Structuring Under the New SBA Rules - TODAY May 8th - https://bit.ly/4jFLpX2

Jason Jackson thought he bought a $1.5m SDE dental practice. In fact, the business was losing money & engaging in fraud.

Topics in Jason’s interview:

• Value of pattern recognition in business
• Missing fraud despite $400k of due diligence
• Turning around a business with negative EBITDA
• When to fire a top performer
• Fixing a broken work culture
• Why he decided not to sue the seller
• Hands-on learning in every role
• Changing their revenue model during Covid
• Focusing on cash, culture, and communication
• Why his investors were thrilled with a 2x return

References and how to contact Jason:

• LinkedIn
• Jason’s partner Olaide Lawal
• Futaleufu Partners
• The Manager’s Handbook by David Dodson

Get complimentary due diligence on your acquisition's insurance & benefits program:

• Oberle Risk Strategies - Search Fund Team

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

• Book a call with Tim or hello@systemsix.com and mention Acquiring Minds

Learn more about Walker Deibel's done-with-you buy-side advisory:

• The Acquisition Lab

Connect with Acquiring Minds:

• See past + future interviews on the YouTube channel
• Connect with host Will Smith on LinkedIn
• Follow Will on Twitter

Edited by Anton Rohozov
Produced by Pam Cameron