Acquiring Minds

The Searchers Building a $10m EBITDA Powerhouse


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Nicolás Lulli bought a document storage business in Peru. 6 years later, it is a $25m leader in the Andean region.

Register for the webinar: 

  • Advanced Deal Mechanics: NWC, Net Debt & Purchase Price Adjustments - Tue, Apr 28 - https://bit.ly/490Ms0q

Topics in Nicolás’s interview:

  • First employee at Relay Investments search fund
  • Launched Peru’s first search fund, Colca Capital
  • Covid lockdowns erased profits almost overnight
  • Rebuilding the business into a tight submarine
  • From $0 EBITDA to $5m in one year
  • Shifted focus toward acquisitions for faster growth
  • Records storage is a real estate business
  • Invests in other searchers to pay it forward
  • The cradle-to-grave strategy in records management
  • Building a searcher community in Peru

References and how to contact Nicolás:

  • LinkedIn
  • Colca Capital

Get a complimentary IT audit for acquisition diligence or post-close transition. 

  • Visit inzotechnologies.com/eta

The ecosystem for serious acquisition entrepreneurs—education, capital, community, and post-close support to buy and grow a business:

  • The Acquisition Lab

Work with an SBA loan team focused exclusively on helping entrepreneurs buy businesses:

  • Pioneer Capital Advisory

Connect with Acquiring Minds:

  • See past + future interviews on the YouTube channel
  • Connect with host Will Smith on LinkedIn
  • Follow Will on Twitter

Edited by Anton Rohozov and produced by Pam Cameron

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Acquiring MindsBy Will Smith

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