Looking To Do A Roll-Up Of Local Service Businesses In Ohio Or Wny....

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02/01/2021 Redacted Redacted

searcher The Ohio State University - Max M. Fisher College of Business

LOOKING TO DO A ROLL-UP OF LOCAL SERVICE BUSINESSES IN OHIO OR WNY....

I'm targeting businesses with <$1M in revenue and $100k - $300k in profit particularly in home services (i.e fencing, cleaning, landscaping), property management or Back-Office Admin (payroll processing, bookkeeping, recruiting, etc.).

I have enough capital to put down 10%  on a deal and then finance the rest through an SBA loan.

I'd be interested in talking with someone that has successfully done a roll-up before or at least attempted to do one. 

Thanks!

1 like 172 views 9 comments

lender St. Mary's College of California Villanova University - 02/01/2021

We offer a junior capital option that would reduce the amount of cash equity into a transaction, NepFin is a direct lender, $200K to $1MM. Let me know if I can be a resource for you.

like reply | 1 like

intermediary Naval Postgraduate School United States Naval Academy - 02/01/2021

I recommend initially buying a single company and focus on it for at least a year. This will give you a platform from which to grow by acquisition.

like reply | 1 like

searcher Universidad Internacional del Ecuador - 02/01/2021

Hi Michael, it's the same strategy and sector I'm pursuing. I do agree with ^[redacted]‌ about buying one, understanding the nuances, and then start the roll up activity. Feel free to DM if you want to talk.

like reply | 0 likes

searcher - 02/01/2021

I've thought of a similar strategy but where I'm a bit stuck is how involved the owner is at this business size. I'm less excited about 'buying a job' than I am buying multiple businesses under such a model. I've tried to identify industries that might lend themselves to a general manager running the day-to-day.

like reply | 0 likes

investor Massachusetts Institute of Technology - MIT Sloan School of Management - 02/01/2021

Hey Michael - great to meet you. Love what you're doing. I run a small property management co now (short term rental cabins outside DC) and have been looking at buying a few other PM cos. I also invest in self-funded searches. Would love to talk shop! Shoot me an email - [redacted]

like reply | 2 likes

searcher The Ohio State University - Max M. Fisher College of Business - 02/04/2021

Hi Tony - appreciate you reaching out on my post and would be interested in learning more about your approach to rolling up more prop mgmt cos. I'll send an email to coordinate some time. Thanks!

like reply | 1 like

searcher - 02/01/2021

As someone who is in the middle of putting together a rollup and has a great mentor who has done many successful rollups, I'd be happy to talk sometime to share my own experience and insights. Let me know if you're interested!

like reply | 1 like

searcher The Ohio State University - Max M. Fisher College of Business - 02/04/2021

Hi Frankie - thank you for reaching out and willing to connect. I'd definitely be interested in learning more about your experience putting together a rollup. What's the best way to connect?

like reply | 0 likes

searcher - 02/04/2021

Hi, Michael:

You're free to contact me on LinkedIn, you can go there from the LInkedIn icon on my profile,, or you're free to e-mail me at [redacted] forward to chatting sometime!

like reply | 0 likes

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