What does it take to leave a comfortable consulting career, buy your first small business and turn it into the foundation for a much larger group?
In this episode of Unsung, host Will Maunder-Taylor speaks with Jamil Anakkar, Founder and CEO of Tandy Ventures and Operating CEO of its first acquisition Preventr.
Jamil shares his journey from NHS paramedic and Accenture strategy consultant to acquiring a 30-year-old fire safety business in 2024.
He explains how he structured the acquisition of the buy and build platform using the business to fund the acquisition’
He also breaks down what happened after taking over, from going line by line through the P&L to identify savings, and professionalising the operation to expanding through acquisitions and technology.
Two years after leaving corporate life, Jamil has grown the group to around £20m in revenue and £5m in EBITDA.
Key highlights
Leaving Accenture to buy a small business
Using the business to fund the acquisition
How seller financing made the deal work
Nearly tripling EBITDA after taking over
Building Preventr through buy-and-build
Escaping the corporate “golden handcuffs”
Using AI in fire safety operations
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Timestamps
• (01:00) From NHS paramedic to Accenture consultant
• (09:00) Why Jamil left a safe corporate career
• (12:00) Choosing fire safety for his first buy-and-build
• (16:00) Finding a profitable 30-year-old business to acquire
• (21:00) Structuring the first deal with the seller
• (23:00) Using the business to fund the acquisition
• (28:00) Why corporate “golden handcuffs” are hard to escape
• (30:00) What taking over the business looked like on day one
• (33:00) Growing EBITDA from roughly £400k to £1.5m
• (35:00) Building Preventr into a broader fire safety platform
• (37:00) How Preventr uses AI and building data
• (38:00) Growing the group to £20m in revenue in two years
• (41:00) Buying out the original seller and taking full ownership