
Buying a Remote, 20-Year-Old Business with $900k of SDE
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Dan Angel knew he wanted to buy this B2B travel company with $3m top line. But the sale would shock the key number-two.
Topics in Dan Angel’s interview:
- Leaving his dream career at a hedge fund
- Coming in a little too hot as the new owner
- Adding 3 offshore employees
- Growth isn’t free
- Running a fully remote team
- Trying to change the world by 9:00 am
Topics in Jayme Moylan’s interview:
- Her 15 years working for Lodging Source
- Being blindsided by the acquisition
- Uncertainty over who to answer to while the seller was still there
- Figuring out how to interact with Dan
References and how to contact Dan and Jayme:
- Dan Angel LinkedIn
- Jayme Moylan LinkedIn
- Lodging Source
- Self-Funded Search vs Traditional Search Funds
- Sam Rosati on Acquiring Minds discussing Big 3, Little 2: How to Shorten Your Search to Buy a Business
- Chris Williams on Acquiring Minds: System Six: One Year Update
Get a free review of your books & financial ops from System Six (a $500 value):
- Book a call with Tim or hello@systemsix.com and mention Acquiring Minds
Learn more about Walker Deibel's done-with-you buy-side advisory:
- The Acquisition Lab
Get complimentary due diligence on your acquisition's insurance & benefits program:
- Oberle Risk Strategies - Search Fund Team
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
Produced by Pam Cameron
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