“The deal structure did not include a seller carry or earn out… because of the close relationship with the lender.”

Acquiring Minds · The $150k Hiding in the Business He Bought

Play from 47:05
47:05

Audio streams from the publisher’s own feed. Verbatim does not host or copy it.

What was described

Avoided a seller note/earn-out in the purchase despite typical SBA expectations

Said nearby on the same subject

“You can create a contingent seller note ... if this larger client churned for any reason, there would be some mechanism to not pay out the rest of that note”
♫
Said on Acquiring Minds
“When we first started… most of it was distressed sellers… over the last 10 years… majority of what we’ve been purchasing… giving gains to investors.”
HW
Hans Wildens
Exchanges ·
Business model Share this moment
“They disclosed it… 55 in cash and 36 earn out… earn out is tied to revenue plus EBITDA… milestones counted every six months”
♫
Said on Built to Sell Radio
Business model $55 M cash, $36 M earn-out, milestones checked semi-annually Share this moment
“We do run an annual investment plan… one-year horizon for risk positioning… five-year horizon… we have a portion of the portfolio that’s in illiquid assets… need the right buffer to avoid forced seller.”
♫
Said on Capital Allocators - Inside the Institutional Investment Industry
Why it worked Share this moment

Moments like this, every Monday

The strongest new moments on your topics, in the speakers' own words. Free for three topics.

No card. No password. One-click unsubscribe.

Track a competitor?

Pro watches up to 25 names or phrases and emails you the morning after they are said.

See Pro, $29 a month

Verbatim quotes a short extract and links to the episode; the episode belongs to its publisher. Remove a show.