Started Mid-Career, Grew to $38m in 3 Years
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Shaun Stimpson had worked for two decades before pivoting to buying businesses in a different industry. He's moved fast.
Register for the webinar:
- Tax Issues: Entity and Deal Structuring - TODAY! - http://bit.ly/47CVZui
Topics in Shaun’s interview:
- Staying in corporate was the riskier choice
- Calling 1200 businesses during his search
- Going back to school to learn more about acquisition
- Acquiring with his partner, Robert Wolf
- Raising $6m from outside investors
- Leaning on his professional network
- Choosing his investors carefully
- Acquiring in his mid-40’s
- Long-term hold strategy
- Acquiring 3 businesses in succession
References and how to contact Shaun:
- Mitten Fluidpower
- FLN-MAR
- Frank Murken Products
Work with an SBA loan team focused exclusively on helping entrepreneurs buy businesses:
- Pioneer Capital Advisory
Get a complimentary IT audit of your target business:
- Email Nick Akers at nick@inzotechnologies.com, and tell him you’re a searcher
Download the New CEO’s Guide to Human Resources from Aspen HR:
- From this page or contact mark@aspenhr.com
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
Edited by Anton Rohozov
Produced by Pam Cameron
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