Peter Toll is the National Leader of Food & Agribusiness, Deal Advisory M&A Partner, and International Liaison Partner at BDO. In this inaugural episode of The Company We Keep, Peter joins host John to unpack what nearly 30 years in professional services has really taught him.
From growing up on a Merino stud farm in Wagin to advising on some of WA's most significant private M&A transactions, Peter draws a direct line between country values such as hard work, community, and deep relationships.
He shares his unfiltered take on the baby boomer wealth transfer that's quietly reshaping Australia's private business landscape, why most businesses aren't actually ready to sell (even when they think they are), and how the corporatisation of Australian agriculture is transforming the very sector he grew up in.
Peter Toll: https://au.linkedin.com/in/peter-toll-80652b14
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Key Takeaways
Relationships are the foundation
The baby boomer wealth transfer is real and accelerating
Most businesses aren't buyer-ready
Selling a business is emotional, not just transactional
Say yes to the hard jobs. Success isn't the financial outcome
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Follow the Podcast:
Website: https://vectoradvisors.au/
Connect with John Gardner:
John Gardner: https://au.linkedin.com/in/john-gardner-maicd-8ab3a519
Vector Advisors: https://au.linkedin.com/company/vector-advisorsau
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Chapters
(0:00) Relationships, community, and deal making
(0:45) Welcome to The Company We Keep
(1:00) Introducing Peter Toll | National Leader, Food & Agribusiness at BDO
(1:25) What's kept Peter at BDO for nearly 30 years
(2:15) The International Liaison role explained
(2:55) Growing up on a Merino stud farm in Wagin
(5:35) Community values and the power of rural relationships
(8:00) Current deal activity and market sentiment
(10:00) Sectors driving WA deal flow
(10:35) The corporatisation of Australian agriculture
(12:25) The changing face of rural communities
(16:45) Advising private vs. publicly listed companies
(17:45) The emotional psychology of selling a business
(19:35) Preparing vendors for life after the deal
(25:10) Advice to a younger Peter Toll
Produced by Podwave Studios: https://www.podwavestudios.au
The information provided in this podcast is general in nature and does not constitute financial or investment advice.