38 - Stay Open to the Many Flavors of Search
Chris Williams just bought a bookkeeping business, and now I want to buy a bookkeeping business.
That happens to me a lot with these interviews, but Chris really does seem to have gotten lucky with this acquisition — or really, positioned himself to get lucky after putting in all the work.
A theme of this interview is Chris's evolution about the type of search he wanted to do.
He started thinking he'd search for a larger company in the vein of a traditional search fund, but ended up doing a smaller deal with an SBA loan and just a couple investors.
He's thoughtful about the pros and cons of these various styles of search, so you'll learn a lot listening to him talk about these.
Here he is, the new owner of System Six Strategic Bookkeeping and Analysis, Chris Williams.