Andrew Blazenko has made 6 acquisitions over the last ten years. Pairing businesses with operators is key to his model.
Topics in Andrew’s interview:
- Background as a business broker
- Wanted the exit joy for himself
- Danger of low barrier to entry
- Finding great operators to run his businesses
- Business acquisition requires reps
- Executive in Residence program
- Requiring operators to invest in the business
- Difficulty of raising equity in Canada
- Shipping costs as a natural moat
- Living as a “gentleman of leisure”
References and how to contact Andrew:
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Edited by Anton Rohozov and produced by Pam Cameron