Reviving a Covid-Crushed Business: $0 to $6M in 3 Years

Adam Rao took a chance on an exhibit production business that had generated zero revenue in 15 months. It's gone well.

Topics in Adam’s interview:

• Discovering impact companies
• Acquiring with a business partner
• Buying a distressed business during Covid
• Getting 100% seller financing
• Inheriting an angry, dysfunctional staff
• A brutal first 9 months
• Acquiring an add-on with an SBA loan
• His role as the visionary
• Achieving stability by merging companies
• Reducing waste in a high-waste industry

References and how to contact Adam:

• [email protected]
• LinkedIn
• Triple20

Get complimentary due diligence on your acquisition's insurance & benefits program:

• Oberle Risk Strategies - Search Fund Team

Get a free review of your books & financial ops from System Six (a $500 value):

• Book a call with Tim or [email protected] and mention Acquiring Minds

Learn more about Walker Deibel's done-with-you buy-side advisory:

• The Acquisition Lab

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