The Appeal (and Risk) of Buying a Consulting Firm

Register for:

• Employee Issues & Non-Competes When Buying a Business - Thu March 13 - https://bit.ly/3F6dasG

• The live Q&A with Nick on March 25th: https://bit.ly/3DoZfgD

Industry outsider Nick Munsee bought a traffic engineering firm for a good price, carefully de-risking the acquisition.

Topics in Nick's interview:

• Managing from out of state
• The white whale: a deal that almost happened
• Lessons from a failed acquisition
• Finding Hales Engineering
• Understanding the traffic consulting business
• Navigating lender challenges
• Incentivizing key employees
• Challenges in consulting business growth
• Project-based revenue insights
• The abrupt customer hand-off

References and how to contact Nick:

• LinkedIn
• Hales Engineering
• [email protected]

Work with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:

• Matthias Smith of Pioneer Capital Advisory

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

Get $200 off your ticket to the M&A Launchpad Conference in Houston on May 3rd:

• https://www.malaunchpad.com & enter code ACQUIRINGMINDS

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