New Podcast: How This Entrepreneur Acquired An Artificial Turf Business And Tripled It In 2 Years

Hello SMB Deal Hunters!

I’m excited to share a new interview with Johannes Hock, a former investment banker and private equity investor now acquiring and growing artificial turf businesses. 

Johannes made his first acquisition in 2022 and has since expanded organically and through add-on acquisitions, TRIPLING the business in just 2 years.

Today's issue is sponsored by SMB Diligence, the platform I helped start for matching business buyers with vetted legal counsel and Quality of Earnings providers.

WORK WITH ME

Want me to work with you to source on and off-market deals, mentor you through closing your first acquisition, and introduce you to investors? Learn more and book a call.

Here's what a client shared this morning:

👉 Learn more and book a call

INTERVIEW

In the interview with Johannes, we discuss:

• The important prep work Johannes did before starting the search for his first business

• Why Johannes thinks fixating on an industry is a waste of time

• What Johannes likes about the artificial turf business

• Why timing is pivotal when it comes to acquiring a project-based business

• Johannes' experience with the SBA loan and raising investor capital to help cover his down payment

• Why Johannes offered two options when it came to seller notes

• What Johannes focused on in the first year to create a scalable business

• How Johannes tripled the business over 2 years

• And more!

👉 Watch the full 49-minute interview with Johannes

PRESENTED BY SMB DILIGENCE

Here’s Why You Shouldn’t Skip Due Diligence…

A friend of mine put a business under LOI and asked me for my advice.

I recommended he contract a 3rd party due diligence partner to rebuild the company's P&L from scratch.

Turns out their EBITDA was off by 2x 😳

Enter SMB Diligence.

SMB Diligence is the platform I helped start for matching business buyers with vetted diligence providers, from M&A lawyers to Quality of Earnings providers.

Their network of experts has worked on hundreds of small business transactions (including many from the SMB Deal Hunter community).

👉 Get introduced to due diligence experts today

COMMUNITY PERKS

• Want to invest passively in SMB acquisitions? Get access to investment opportunities.

• Get a personal introduction to my preferred SBA 7(a) lender, non-SBA lenders, Quality of Earnings providers, or legal counsel

• Raising capital for your deal? I’ll connect you with investors from the SMB Deal Hunter Community.

• Interested in selling your business? I’ll help you connect with buyers from the SMB Deal Hunter Community.

THAT’S A WRAP

Want me to interview you for my podcast? Hit reply.

See you tomorrow with some new deals!

-Helen Guo
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Disclaimer

This publication is a newsletter only and the information provided herein is the opinion of our editors and writers only. Any transaction or opportunity of any kind is provided for information only; SMB Deal Hunter does not verify nor confirm information. SMB Deal Hunter is not making any offer to readers to participate in any transaction or opportunity described herein.