POWERS

#397 - Wiley Curran - Co-Founder @ CPC - Building A Perpetual Holding Company Of Lower Middle Market Businesses


Listen Later

Today, I sit down with my good friend Wiley Curran to break down the story behind CPC, a family-built perpetual holding company that buys and holds businesses indefinitely.

We also discuss how CPC approaches acquisitions, management incentives, and organizational design to create enduring value across industries.

We discuss:

  • The evolution of CPC from a family chemicals business to a multi-company holding group
  • Why long-term ownership outperforms short-term investing strategies
  • How to build companies around customer intimacy and employee satisfaction
  • The “five key battles” CPC uses to evaluate and improve every business
  • Lessons learned from buying, integrating, and supporting 14 companies over time
  • Topics:

    (00:00:00) - Intro

    (00:03:12) - Running a CEO search
    (00:08:26) - The story behind CPC
    (00:23:39) - The importance of customer intimacy
    (00:37:02) - CPC's long-term vision and employee engagement
    (00:40:33) - Executive ownership and equity
    (00:41:29) - Structuring equity buyouts
    (00:42:58) - Valuation and liquidity rights
    (00:44:49) - Investment strategy and business acquisition
    (00:47:11) - Sourcing and evaluating business opportunities
    (00:50:14) - Onboarding and integration of new businesses
    (01:03:09) - Customer lifetime value and profitability
    (01:09:13) - Board meetings and CEO summits
    (01:14:36) - AI experiments and business impact
    (01:18:30) - Future vision and personal goals

    Support our Sponsors

    Ramp: ⁠https://ramp.com/fort⁠

    Collateral Partners: ⁠https://collateral.com/fort⁠

    Chris on Social Media:

    Chris on X: ⁠https://x.com/fortworthchris⁠

    Instagram: ⁠https://www.instagram.com/thefortpodcast⁠

    LinkedIn: ⁠https://bit.ly/45gIkFd⁠

    Watch POWERS on YouTube: ⁠https://bit.ly/3oynxNX⁠

    Visit our website: ⁠https://www.powerspod.com/⁠

    Leave a review on Apple: ⁠https://bit.ly/45crFD0⁠

    Leave a review on Spotify: ⁠https://bit.ly/3Krl9jO⁠ 

    POWERS is produced by ⁠https://www.johnnypodcasts.com/⁠

    ...more
    View all episodesView all episodes
    Download on the App Store

    POWERSBy Chris Powers

    • 4.9
    • 4.9
    • 4.9
    • 4.9
    • 4.9

    4.9

    492 ratings


    More shows like POWERS

    View all
    The Best Ever CRE Show by Joe Fairless

    The Best Ever CRE Show

    992 Listeners

    America‘s Commercial Real Estate Show by Bull Realty

    America‘s Commercial Real Estate Show

    142 Listeners

    Founders by David Senra

    Founders

    2,111 Listeners

    Capital Allocators – Inside the Institutional Investment Industry by Ted Seides – Allocator and Asset Management Expert

    Capital Allocators – Inside the Institutional Investment Industry

    797 Listeners

    My First Million by Hubspot Media

    My First Million

    2,647 Listeners

    All-In with Chamath, Jason, Sacks  Friedberg by All-In Podcast, LLC

    All-In with Chamath, Jason, Sacks Friedberg

    9,852 Listeners

    The Weekly Take from CBRE by CBRE

    The Weekly Take from CBRE

    161 Listeners

    The TreppWire Podcast: A Commercial Real Estate Show by The TreppWire Podcast, A CRE Show

    The TreppWire Podcast: A Commercial Real Estate Show

    213 Listeners

    The Memo by Howard Marks by Oaktree Capital Management

    The Memo by Howard Marks

    436 Listeners

    Acquisitions Anonymous - #1 for business buying, selling and operating by Bill D'Alessandro, Mills Snell, Heather Endresen, and Michael Girdley

    Acquisitions Anonymous - #1 for business buying, selling and operating

    245 Listeners

    The Walker Webcast by Willy Walker

    The Walker Webcast

    152 Listeners

    Business Breakdowns by Colossus | Investing & Business Podcasts

    Business Breakdowns

    351 Listeners

    Moneywise by Hampton

    Moneywise

    652 Listeners

    The Rent Roll with Jay Parsons by Jay Parsons

    The Rent Roll with Jay Parsons

    43 Listeners

    The Promote Podcast by ten31 Media

    The Promote Podcast

    47 Listeners