
Hometown Holdco: Geography as Moat
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About this listen
Register for the webinar:
- SBA Loans 101 + Program Updates - Jun 12th - https://bit.ly/3FGQIqB
Sarah Chiles & Matthew Ferguson left careers in VC to buy the only auto repair shop for 35 miles in their native Aspen.
Topics in Sarah & Matthew’s interview:
- Backgrounds in engineering and VC
- Preserving local fabric by buying businesses
- The “tackle shop” nature of businesses in small towns
- Seasonality in a small resort town
- Gaining the respect of employees
- Vision of a hometown holdco
- Crisis management when their operator left
- Modernizing and restructuring the auto repair business
- Finding out what each employee wants
- Long-term commitment to Aspen
References and how to contact Sarah & Matthew:
- Sarah’s LinkedIn
- Matthew’s LinkedIn
- Aspen Total Automotive
- Shop Fix Academy
- STM Holdings
- Adam Markley on Acquiring Minds: Getting Reps: Helping Others Look at Deals Led to a Holdco
- Cassi Niekamp on Acquiring Minds: Buying a $1.2m Fencing Business & Earning Trust Quickly
Get a complimentary IT audit of your target business:
- Email Nick Akers at nick@inzotechnologies.com, and tell him you’re a searcher
Learn more about Walker Deibel's done-with-you buy-side advisory:
- The Acquisition Lab
Get complimentary due diligence on your acquisition's insurance & benefits program:
- Oberle Risk Strategies - Search Fund Team
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
Producer by Pam Cameron
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