New Ep! Beyond Organic Growth- How Strategic Acquisitions lead to 4x Growth
January 20, 2024
by a searcher in United Kingdom
Imagine reaching out to your competitors to let them know that if they ever have any interest in selling, you would be interested in buying. Then, when your industry takes a massive hit, you are in a cash-rich position that allows you to seize that opportunity. The result: acquisitions that lead to a 2.5x growth in the top line, while the cost synergies lead to a 2x in profit margins.
It probably sounds like one of those beautiful case studies you only read about.
Well, that is exactly what this week's guest Jordan Hammond, CEO of Genuine Comfort was able to achieve.
During the episode, Jordan shares his unique approach to reaching out to competitors, the importance of building relationships, and ultimately executing successful acquisitions. He specifically walks through the crucial role transparency plays in fostering trust during these intricate negotiations. We also discuss the difficulty in integrating those acquisitions effectively and even get into the importance of a business operating system like EOS.
Enjoy this fantastic episode. And if you are a UK searcher check out the buy and build accelerator, more info below.
Spotify: https://open.spotify.com/episode/3Xa9FcDIVdDzRKMAm550TC?si=d39c9a36181c4bbe
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If you are a UK searcher looking to acquire a great business, check out the Buy and Build Accelerator- a program developed to help you acquire the right business, quicker. The BootCamp curriculum is developed and presented by former guests of the podcast and they have also been kind enough to offer some great discounts for attendees.