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About this episode
Matt Huggins bought a small water & cable utility doing $200k/year. 15 years later, his holdco is on track for $20m/yr.
Topics in this interview:
- Matt's decision to step off the academic track
- Matt's career as a professional online poker player
- Transitioning from poker to small business
- Acquiring a utilities company for a group of condos
- The surprising complexity of running a utilities company
- Starting a manhole lining business
- The stability and diversity of the water industry
- Acquiring businesses from retiring owners without needing capital
- The value of a fractional CFO
- The reward of helping employees
References and how to contact Matt:
- Peak Group Companies
- Advanced Lining
- Peak Water Services
- Advanced Pump & Equipment
- Gordo Sales
Get a complementary pre-acquisition HR & PEO review for your target business:
- Contact [email protected] or visit Aspen HR
Connect with A-players who can run your business remotely:
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
Get every episode summarized
Each time Acquiring Minds publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
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