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Acquiring Minds

16 Months to Exit: Cleaning Up in Street Sweeping

100 min • 31 juli 2023

Manny Saxena quickly bought 3 street-sweeping businesses to become the largest player in NorCal. A big PE fund noticed. 

Topics in Manny’s interview:

  • The importance of maintaining a strong pipeline during search
  • Why he chose a street-sweeping business during COVID
  • The transition into running a blue-collar business and motivating the team
  • Why he recommends in-person conversations with sellers
  • Advice for other immigrants in business
  • The importance of attitude and soft skills in hiring
  • Managing long-term contracts in an inflationary environment
  • The decision to sell the business to a private equity firm
  • The pros and cons of having a union presence
  • His ongoing roll-up strategy in the solar industry

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