With 4 acquisitions since starting in 2018, Justin Turner explains how his team is building a permanent equity holdco.
Themes from Justin’s interview:
- The appeal of holding on to companies for a longer period
- Why buying a $4-5M business might be easier than buying a $1M one
- Letting the seller relationship develop naturally
- Why paving companies make great acquisitions
- Waiting to finalize the equity until after the deal is in hand
- Setting acquisitions up in a holdco structure
Reach Justin at:
- j turner at traction cp dot com