Acquiring Minds

Hard but Fun: Transitioning a 77-Year-Old Business


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Darryl Lindie did a geo-constrained search in Rhode Island to acquire a sign business with $650k of SDE & 25 employees. 

Topics in Darryl’s interview:

  • His background in the Navy
  • How getting an MBA might slow you down
  • Searching in a small geographic radius
  • Buying a signage company
  • Valuing a business with a lot of cash transactions
  • Getting comfortable with project-based revenue
  • Mistakes in due diligence
  • Improving the culture in 100 days
  • Hiring a supplier to be his GM
  • Raising a fund for New Majority Capital

References and how to contact Darryl:

  • LinkedIn
  • [email protected]
  • New Majority Capital
  • Why Should White Guys Have All the Fun?: How Reginald Lewis Created a Billion-Dollar Business Empire
  • The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success

Get a complementary pre-acquisition HR & PEO review for your target business:

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

  • Oberle Risk Strategies - Search Fund Team

Connect with Acquiring Minds:

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

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