“We sold two Denim BlueJean brands…sold our smallest company…pruning the smaller things as we uplevel the rest of the portfolio.”
Acquiring Minds · $33m Holdco: Teddy Bears to Insurance Claims
Play from 14:49
14:49
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What was described
pruned the portfolio by selling smaller businesses (two Denim BlueJean brands and a Montessori supply distributor) to focus on larger, higher-margin assets
Said nearby on the same subject
“We recruited the team that managed a mass, a much larger business. A bit like bringing in an asset manager who was managing $100 billion to go manage a billion dollar portfolio.”
“We would go in and we would sell to the wendy's brand… we were not going after them… part of this plan was to go smaller groups… direct selling motion”