Acquiring Minds

From €4 Million, to Zero, to €12 Million


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Despite skepticism from her US investors, Ivona Butcher bought (and tripled) a business in her native Czech Republic.

Topics in Ivona’s interview:

  • Doing business in a post-Soviet culture
  • Determination to acquire in the Czech Republic
  • Buying a business as a married couple
  • Getting into exhibition services right before Covid
  • Losing all revenue at onset of Covid
  • Pivoting to virtual events
  • Finding work for their carpenters and metalsmiths
  • Aggressively re-negotiating their loan with the bank
  • Buying back the seller note at a huge discount
  • Surviving Covid and doubling EBITDA

References and how to contact Ivona:

  • Ivona Butcher
  • Corbin Butcher
  • Beire
  • Adam Rao on Acquiring Minds: Reviving a Covid-Crushed Business: $0 to $6M in 3 Years

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):

Get a complimentary IT audit of your target business:

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

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Acquiring MindsBy Will Smith

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