Acquiring Minds

How to Identify & Buy a Great Residential Contractor


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Alan Lochridge left a career in consulting to buy a 20-year-old $5.5m hardscaping contractor with strong fundamentals.

Topics in Alan’s interview:

  • Years of searching before acquiring
  • Understanding the ROBS financing strategy
  • Reiterating company values weekly
  • His day-to-day role as owner
  • Restructuring to do more with fewer people
  • Embracing digital marketing and CRM tools
  • Why he’s so comfortable with project-based revenue
  • Advantage of a negative cash conversion cycle
  • Pros and cons of using subcontractors
  • Getting his general contractor’s license

References and how to contact Alan:

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

Learn more about Walker Deibel's done-with-you buy-side advisory:

  • The Acquisition Lab

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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