Acquiring Minds

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


Listen Later

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
View all episodesView all episodes
Download on the App Store

Acquiring MindsBy Will Smith

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

265 ratings


More shows like Acquiring Minds

View all
The Knowledge Project by Shane Parrish

The Knowledge Project

2,685 Listeners

Invest Like the Best with Patrick O'Shaughnessy by Colossus | Investing & Business Podcasts

Invest Like the Best with Patrick O'Shaughnessy

2,357 Listeners

Founders by David Senra

Founders

2,169 Listeners

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

Capital Allocators – Inside the Institutional Investment Industry

795 Listeners

POWERS by Chris Powers

POWERS

505 Listeners

My First Million by Hubspot Media

My First Million

2,646 Listeners

Dry Powder: The Private Equity Podcast by Hugh MacArthur, Bain & Company

Dry Powder: The Private Equity Podcast

142 Listeners

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

All-In with Chamath, Jason, Sacks & Friedberg

9,951 Listeners

Minds Capital Podcast by Will Smith & Niklas James

Minds Capital Podcast

14 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

246 Listeners

Business Breakdowns by Colossus | Investing & Business Podcasts

Business Breakdowns

349 Listeners

The Startup Ideas Podcast by Greg Isenberg

The Startup Ideas Podcast

203 Listeners

Moneywise by Hampton

Moneywise

662 Listeners

The Koerner Office - Business Ideas and Small Business Deep Dives with Entrepreneurs by Chris Koerner

The Koerner Office - Business Ideas and Small Business Deep Dives with Entrepreneurs

248 Listeners

Think Big, Buy Small by Harvard Business School

Think Big, Buy Small

38 Listeners