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Acquiring Minds

Buy and 3x a Project-Based Business in Just 2 Years

99 min • 2 oktober 2023

In 2021, Johannes Hock bought an artificial turf installer business doing $5m. It's on track to exceed $15m in 2023. 

Topics in Johannes’s interview:

  • Comparing opportunities in private equity vs search
  • Sources of deal flow beyond BizBuySell
  • Mapping multiples to months for better perspective
  • Acquiring an artificial turf company
  • The luxury of finding a business with a GM
  • How to value and finance a fast-growing business
  • Tracking data from day one of ownership
  • How weather affects his cash flow
  • Unexpected costs of sales commissions
  • Benefits of having a partner in search

References and how to contact Johannes:

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