$14.5m Exit After 5 Years

Adam Vandermyde had to be persuaded to acquire the $15m business that he ultimately professionalized and exited for 7x.

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Topics in Adam’s interview:

• Leaving consulting 2 months from making partner
• Taking on the CEO role at the target before closing
• Focusing on EBITDA over revenue
• A construction mistake that cost the company dearly
• Parsing data to understand “margin per labor dollar”
• Advantages of being in a high-growth geographical area
• Improving customer service to stand out
• Exiting after 5 years
• Adrenaline rush of sharing his payday with employees
• How it feels to be a millionaire

References and how to contact Adam:

• LinkedIn

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• 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

Work with an SBA loan team focused exclusively on helping entrepreneurs buy businesses:

• Pioneer Capital Advisory

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