To learn more about Breakthrough Academy, click here: https://trybta.com/EP290
Take our five minute quiz and get a custom Contractor Growth Scorecard: https://trybta.com/DL290
There's a lot of noise about selling to private equity in the trades right now. Some of you may even be considering this as your exit strategy.
But how much do you REALLY understand what’s involved in arguably one of the biggest decisions of your life?
Our guest today Tyler Goodhue has been involved in the acquisition of over 200 businesses, primarily in the trades, and he's here to discuss the part nobody talks about publicly.
What actually creates value, what quietly destroys it, and how to avoid settling for a bad deal.
Today, he’s walking us through what actually happens when you decide to sell to private equity. The whole process: the good, the bad and the ugly.
00:00-Intro
02:27-Why Private Equity Loves Trades
08:04-P.E. Acquisition Strategy
11:58-Factors Driving Company Valuation
24:57-Evaluating Owner Reliance Risks
38:20-Common Seller Misconceptions
46:07-Key Contract Deal Terms
53:48-Planning an Optimal Sale