Acquiring Minds

One Year Later: 60% Growth + 2 More Acquisitions


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Patrick Dichter returns to update us on a productive first year as CEO of a bookkeeping business he bought in late 2021. 

Topics in Patrick's interview:

  • How Patrick acquired a bookkeeping business without an accounting background
  • Three factors that led to 60% revenue increase in year one
  • Why there’s a shortage of accountants and how that affects his business
  • What makes tax prep difficult to offshore 
  • Which kind of firms to “stay the f*** away” from 
  • Why rollups don’t work in accounting
  • How he turns tax prep clients into year-round clients
  • Acquisition vs organic growth
  • The one thing he wishes he’d done differently
  • Why he advocates buying small

Links & how to reach Patrick:

  • First episode with Patrick: ‍Shut Out by Industry Brokers, an Entrepreneur Finds a Way
  • First episode with Chris Williams: ‍Stay Open to the Many Flavors of Search
  • Second episode with Chris Williams: ‍1 Year Later as Buyer of a $1m EBITDA Business
  • Appletree Business Services
  • Patrick's Twitter
  • Patrick's LinkedIn

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

  • Oberle Risk Strategies - Search Fund Team

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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