A legal tech business doing $7mm a year - Acquisitions Anonymous episode 166

Acquisitions Anonymous - #1 for business buying, selling and operating

Sisällön tarjoaa Bill D'Alessandro, Mills Snell, Heather Endersen, and Michael Girdley, Bill D'Alessandro, Mills Snell, Heather Endersen, and Michael Girdley. Bill D'Alessandro, Mills Snell, Heather Endersen, and Michael Girdley, Bill D'Alessandro, Mills Snell, Heather Endersen, and Michael Girdley tai sen podcast-alustan kumppani lataa ja toimittaa kaiken podcast-sisällön, mukaan lukien jaksot, grafiikat ja podcast-kuvaukset. Jos uskot jonkun käyttävän tekijänoikeudella suojattua teostasi ilman lupaasi, voit seurata tässä https://fi.player.fm/legal kuvattua prosessia.

1y ago 28:15

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Michael Girdley (@Girdley) and Mills Snell (@thegeneralmills) talk about a Legal Technology Provider. What makes this a great teaser? We dig into this deal to find the catch; why are we the lucky buyers? Is there a case for a strategic? Could you aim to build rather than buy it?

Company: Legal Technology Provider Opportunity Review

Location: United States

Stated Financials: 2022 Sales $ 7mm | 2022 Adjusted EBITDA $2.4mm

Asking Price: Contact the broker

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Show Notes:

(00:00) - Introduction

(00:49) - Our Sponsor is CloudBookKeeping.com

(04:23) - Deal & financials: Legal Technology Provider

(08:17) - What do we like?

(09:37) - If EBITDA is BS earnings, what is adjusted EBITDA?

(11:52) - What is the catch with this recurring income?

(14:43) - Is there a strategic buyer for this business?

(15:09) - What is @girdley’s pain-in-the-a** factor theory?

(17:57) - What is the most interesting part of this teaser?

(18:24) - What are the dynamics you will face if you want to purchase a business like this?

(20:04) - Why does this business still have a bizarre dynamic?

(25:14) - Where will you find the best value in today’s market?

(26:55) - Send over some Deals!

Additional episodes you might enjoy:

#165 - Should we buy this airplane ad business?
#164 - Annual Report Filing Software
#163 - Make $2.3M/yr owning a Flight School
#162 - Cleaning up crime scenes for big money!
#161 - How to spot red flags in eCommerce listings?

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#Business #Entrepreneur #Michael Girdley #Trading #Acquisitions #Anonymous #Investing #Ecommerce #DAlessandro #Heather Endersen #SMB #Operating Systems #Buying A Business