Acquiring Minds

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

12.07.2023 - By Will SmithPlay

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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 NavyHow getting an MBA might slow you downSearching in a small geographic radiusBuying a signage companyValuing a business with a lot of cash transactionsGetting comfortable with project-based revenueMistakes in due diligenceImproving the culture in 100 daysHiring a supplier to be his GMRaising a fund for New Majority CapitalReferences and how to contact Darryl:[email protected] Majority CapitalWhy Should White Guys Have All the Fun?: How Reginald Lewis Created a Billion-Dollar Business EmpireThe Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for SuccessGet a complementary pre-acquisition HR & PEO review for your target business:Contact [email protected] or visit Aspen HR Get complimentary due diligence on your acquisition's insurance & benefits program:Oberle Risk Strategies - Search Fund TeamConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on Twitter

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