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Acquiring Minds

One Year Later: Holdco Grows to $75m in Total Revenue

53 min • 16 mars 2023

Justin Turner returns with details on 2 new acquisitions by his holdco Traction, plus updates on the existing 4 portcos. 

Topics in Justin’s interview:

  • Justin helps run investment firm Traction Capital Partners
  • How Traction is different from Private Equity
  • The risks of buying into a franchise network
  • How he bought one of his vendors
  • Lessons learned from buying 6 businesses
  • Driving sales in a disaster restoration business 
  • Doubling revenue in 5 years for a Fire Department supply business 
  • Facing the post-Covid economic downturn
  • Rising competition for acquiring a business
  • Trends in the blue and white collar labor market

Justin's original appears on Acquiring Minds:

Links and How to Contact Justin:

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