In this episode of the M&A Mastermind podcast, Nick Olsen interviews Andrew Hoffman, founder of the Search Fund Coalition. They discuss the concept of search funds, the evolution of acquisition entrepreneurship, and the importance of community support for entrepreneurs.

Andrew shares insights on the different types of acquisition entrepreneurs, funding sources, deal structures, and the long-term goals of those looking to acquire and operate businesses. The conversation highlights the growing interest in acquisition entrepreneurship and the resources available to support aspiring entrepreneurs in their journey.

Tune in now and elevate your understanding of M&A dynamics with the podcast that delivers actionable insights and unlocks the door to new possibilities. To learn more about M&A trends and insights, please like, subscribe, and rate our podcast. New episodes go live every Thursday at 9 am CST.

Some Key takeaways include:

• Search funds are a collaborative vehicle for entrepreneurs and investors.
• The Search Fund Coalition was created to combat the loneliness of entrepreneurship.
• Self-funded searchers are increasingly common in the acquisition space.
• Access to capital is a key factor for acquisition entrepreneurs.
• Deal structures vary significantly based on enterprise value and cash flow.
• Acquisition entrepreneurs aim for value creation and operational success.
• Networking and educational opportunities are vital for aspiring entrepreneurs.
• The market for acquisition deals is evolving with more participants.
• Understanding investor dynamics is crucial for successful transactions.
• Long-term goals include transitioning businesses into profitable operations.

About the show:

The M&A Mastermind Podcast is your go-to source for the latest industry trends and strategies to level up your M&A practice.

The show features thought leaders who specialize in the lower middle market space and share their experiences and expertise across key areas of execution, such as: market analysis, lead generation, deal management, strategic partnerships, buyer access and much more.

With host Nick Olsen, each episode's "mastermind" will share ways in which they have found success in navigating the M&A industry to best support the small-to-medium sized private business owners they focus on serving.

Chapters:

00:00 Introduction to Search Funds and Acquisition Entrepreneurship

04:57 The Birth of the Search Fund Coalition

09:47 Types of Acquisition Entrepreneurs

15:07 Funding Sources and Investor Dynamics

19:56 Deal Structures and Components

29:49 Long-Term Goals of Acquisition Entrepreneurs

Keywords: search funds, acquisition entrepreneurship, Search Fund Coalition, M&A, investment, business acquisition, entrepreneur community, funding sources, deal structure, investor dynamics

In this episode of the M&A Mastermind podcast, host Nick Olsen interviews Bryce DeGroot, managing director and partner of an M&A firm specializing in outdoor recreation and lifestyle companies. Bryce shares his journey into the M&A business, the importance of industry specialization, and how it provides a competitive edge. He discusses the significance of relationships in deal origination, the risks associated with focusing on a single industry, and the value of organic growth through referrals. The conversation also touches on marketing strategies and the importance of nurturing long-term relationships with clients.

In this conversation, Bryce DeGroot discusses the importance of referrals in business, managing client expectations as an industry expert, and the valuation of intangible assets in niche markets. He shares insights from significant deals, including the sale of Evolve Sports to an international buyer and the unique challenges faced when working with major brands like Yeti. Bryce emphasizes the value of industry specialization in M&A, highlighting how it can lead to better outcomes for clients.

Tune in now and elevate your understanding of M&A dynamics with the podcast that delivers actionable insights and unlocks the door to new possibilities. To learn more about M&A trends and insights, please like, subscribe, and rate our podcast. New episodes go live every Thursday at 9 am CST.

Some Key takeaways include:

• Bryce DeGroot is a third-generation M&A advisor.
• Industry expertise allows for better client advisement.
• Relationships are crucial for deal origination.
• Specialization can lead to a lack of diversification.
• The outdoor industry is cyclical and can impact deals.
• Organic relationship building has been effective for growth.
• Closed transactions are more meaningful in specialized industries.
• Referrals from past clients are invaluable.
• Nurturing relationships takes time and effort.
• Marketing strategies should focus on storytelling and value. Referrals are crucial for business growth and client acquisition.
• Active communication with clients can enhance referral opportunities.
• Managing client expectations is essential for successful transactions.
• Intangible assets significantly impact company valuations in niche markets.
• Understanding a company's competitive moat is vital for valuation.
• International deals can introduce complexities in negotiations and due diligence.
• Yeti's acquisition of Mystery Ranch showcases the importance of brand alignment.
• Industry specialization can lead to better client outcomes and success.
• The initial years of specialization may be slow but yield long-term benefits.
• Building a strong track record in a chosen industry is key to success.

About the show:

The M&A Mastermind Podcast is your go-to source for the latest industry trends and strategies to level up your M&A practice.

The show features thought leaders who specialize in the lower middle market space and share their experiences and expertise across key areas of execution, such as: market analysis, lead generation, deal management, strategic partnerships, buyer access and much more.

With host Nick Olsen, each episode's "mastermind" will share ways in which they have found success in navigating the M&A industry to best support the small-to-medium sized private business owners they focus on serving.

Chapters:

00:00 Introduction to M&A and Outdoor Recreation

02:13 Bryce's Journey in M&A

04:35 Industry Specialization and Competitive Edge

08:51 Streamlining Processes through Industry Knowledge

11:00 The Power of Relationships in Deal Origination

13:38 Risks of Industry Specialization

16:36 Referral Networks and Organic Growth

19:47 Nurturing Relationships Over Time

21:09 Marketing Strategies and Success Stories

23:21 The Power of Referrals in Business

26:43 Managing Client Expectations as an Industry Expert

30:14 Valuing Intangible Assets in Niche Markets

35:18 Case Study: Evolve Sports and International Acquisitions

41:42 Unique Challenges in Selling to Major Brands

44:36 The Importance of Industry Specialization in M&A

Keywords: M&A, outdoor recreation, industry specialization, deal origination, business relationships, competitive advantage, referral networks, marketing strategies, Bryce DeGroot, Compass M&A, referrals, client expectations, intangible assets, industry specialization, M&A, Evolve Sports, Yeti, valuation, business growth, market trends

In this episode of the M&A Mastermind podcast, host Nick Olsen speaks with Mike Garrison, founder of the Strategic Referral Team, about the significance of predictable referrals in the M&A industry. They discuss the challenges faced by M&A advisors in obtaining referrals, the importance of being interesting and authentic in marketing, and how personal passions can enhance business connections. Mike emphasizes the need for continuous self-development and the role of effective communication in building strong client relationships.

Tune in now and elevate your understanding of M&A dynamics with the podcast that delivers actionable insights and unlocks the door to new possibilities. To learn more about M&A trends and insights, please like, subscribe, and rate our podcast. New episodes go live every Thursday at 9 am CST.

Some Key takeaways include:

• Referrals are a crucial lead generator for M&A advisors.
• Successful M&A professionals should receive referrals from past clients.
• Many referrals occur without the advisor's knowledge.
• Being interesting online is essential for attracting referrals.
• Authenticity in marketing helps in building trust with clients.
• Personal passions can lead to valuable business connections.
• Continuous self-development is necessary for scaling referrals.
• Clients should love meeting and working with their advisors.
• The sales process in M&A is often lengthy and requires relationship building.
• Referrals are not a universal system; they require personal branding.

About the show:

The M&A Mastermind Podcast is your go-to source for the latest industry trends and strategies to level up your M&A practice.

The show features thought leaders who specialize in the lower middle market space and share their experiences and expertise across key areas of execution, such as: market analysis, lead generation, deal management, strategic partnerships, buyer access and much more.

With host Nick Olsen, each episode's "mastermind" will share ways in which they have found success in navigating the M&A industry to best support the small-to-medium sized private business owners they focus on serving.

Chapters:

00:00 Introduction to Predictable Referrals

01:15 The Importance of Referrals in M&A

02:08 Understanding the Referral Process

04:03 Challenges in Obtaining Referrals

07:34 Becoming Interesting to Generate Referrals

10:29 Authenticity in Marketing and Referrals

12:12 The Role of Passion in Business Connections

16:41 Self-Development and Continuous Learning for Success

Keywords: M&A, referrals, business growth, networking, marketing strategies, self-development, authenticity, client relationships, sales process, value acceleration

In this episode of the M&A Mastermind podcast, host Nick Olsen interviews Matt LeBris, an entrepreneur and podcaster on a mission to impact a billion lives. They discuss Matt's journey from working with Damon John of Shark Tank to hosting a top-ranked podcast, the importance of overcoming adversity, and the transformative power of gratitude.

Matt shares his insights on defining success, living authentically, and the necessity of embracing discomfort in the pursuit of personal and professional growth. In this engaging conversation, Matt LeBris shares insights on resilience, personal branding, and the importance of perspective in overcoming life's challenges. He emphasizes the need to embrace our human experiences, learn from failures, and recognize the value of our unique personal brand. Through metaphors of surfing and sports, he illustrates how to navigate the ups and downs of life and business, ultimately encouraging listeners to step into discomfort for growth.

Tune in now and elevate your understanding of M&A dynamics with the podcast that delivers actionable insights and unlocks the door to new possibilities. To learn more about M&A trends and insights, please like, subscribe, and rate our podcast. New episodes go live every Thursday at 9 am CST.

Some Key takeaways include:

• Matt LeBris aims to impact a billion lives through his work.
• Overcoming adversity is a key theme in Matt's journey.
• Gratitude plays a significant role in personal growth.
• Success is not a straight path; it's filled with ups and downs.
• It's essential to live a life true to oneself, not for others.
• Embracing discomfort can lead to growth and opportunity.
• Podcasting has become a platform for deeper conversations.
• Helping others transition to the next phase of life is rewarding.
• Identifying personal success is crucial for fulfillment.
• It's always the right time to start over if you're unhappy. Know what's coming and learn to ride the waves.

About the show:

The M&A Mastermind Podcast is your go-to source for the latest industry trends and strategies to level up your M&A practice.

The show features thought leaders who specialize in the lower middle market space and share their experiences and expertise across key areas of execution, such as: market analysis, lead generation, deal management, strategic partnerships, buyer access and much more.

With host Nick Olsen, each episode's "mastermind" will share ways in which they have found success in navigating the M&A industry to best support the small-to-medium sized private business owners they focus on serving.

Chapters:

00:00 Introduction to Matt LeBris and His Mission

01:29 The Journey to Impacting a Billion Lives

09:12 Overcoming Adversity: Matt's Background

16:00 Transforming Pain into Purpose

25:05 Defining Success: Insights from the Podcast

30:08 Living Authentically: Pursuing Your True Path

30:36 Riding the Waves of Life

36:02 Building Resilience Through Experience

42:09 The Power of Perspective

46:04 The Importance of Personal Branding

Keywords: Matt LeBris, M&A Mastermind, podcasting, entrepreneurship, overcoming adversity, success, personal growth, impact, Tony Robbins, Shark Tank, resilience, personal branding, perspective, life lessons, M&A, success strategies, overcoming challenges, self-awareness, growth mindset, emotional intelligence

In this episode of the M&A Mastermind podcast, host Nick Olsen speaks with Bentley Blackmon, founder and CEO of Navitor Wealth, about the critical role of wealth advisors in the M&A process. They discuss the importance of family office services, the timing of exit conversations, and the necessity of pre-transaction planning. Bentley emphasizes the value of conducting thorough financial analyses and tax considerations for clients post-sale.

The conversation also touches on the dynamics of family wealth management and the challenges faced during the post-transaction phase. Overall, the episode highlights the need for strategic planning and collaboration among advisors to ensure successful outcomes for clients.

Tune in now and elevate your understanding of M&A dynamics with the podcast that delivers actionable insights and unlocks the door to new possibilities. To learn more about M&A trends and insights, please like, subscribe, and rate our podcast. New episodes go live every Thursday at 9 am CST.

Some Key takeaways include:

• Wealth advisors play a crucial role in M&A transactions.
• Family office services integrate various financial aspects for clients.
• Timing the exit conversation is essential for effective planning.
• Pre-transaction planning can lead to significant tax savings.
• Understanding the client's financial needs post-sale is vital.
• M&A advisors should be involved early in the process.
• The importance of fiduciary responsibility in wealth management.
• Family dynamics can complicate wealth transfer discussions.
• Post-transaction chaos can be mitigated with proper planning.
• Educating clients on investment opportunities post-sale is beneficial.

About the show:

The M&A Mastermind Podcast is your go-to source for the latest industry trends and strategies to level up your M&A practice.

The show features thought leaders who specialize in the lower middle market space and share their experiences and expertise across key areas of execution, such as: market analysis, lead generation, deal management, strategic partnerships, buyer access and much more.

With host Nick Olsen, each episode's "mastermind" will share ways in which they have found success in navigating the M&A industry to best support the small-to-medium sized private business owners they focus on serving.

Chapters:

00:00 Introduction to Wealth Advisory Services

04:41 Timing the Exit Conversation

09:02 The Importance of Pre-Transaction Planning

12:27 Differentiating Navitor Wealth

16:25 Conducting a Financial Analysis for Clients

19:26 Tax Considerations Post-Sale

21:25 The Role of M&A Advisors

23:26 Navigating Post-Transaction Chaos

30:33 Family Dynamics in Wealth Management

32:54 Final Thoughts and Resources

Keywords: wealth advisor, family office, M&A, financial planning, tax strategy, exit planning, business sale, fiduciary services, financial analysis, generational wealth

In this episode of the M&A Mastermind podcast, Matt Gilbert, a founding partner of Gap Transaction Advisors, shares his extensive experience in the M&A industry. He discusses the importance of alignment between advisors and clients, the emotional aspects of selling a business, and the lessons learned from his own past exits. Matt emphasizes the need for a thorough discovery phase to understand client readiness and expectations, the significance of trust and communication throughout the process, and the strategies for managing client relationships effectively. He also highlights the importance of monitoring progress and achieving goals to ensure successful transactions.

Tune in now and elevate your understanding of M&A dynamics with the podcast that delivers actionable insights and unlocks the door to new possibilities. To learn more about M&A trends and insights, please like, subscribe, and rate our podcast. New episodes go live every Thursday at 9 am CST.

Some Key takeaways include:

• Alignment between advisors and clients is crucial for successful M&A transactions.
• Understanding the emotional side of selling a business is essential.
• Past experiences shape the way advisors’ approach new clients.
• A thorough discovery phase helps in understanding client readiness.
• Listening to clients and adapting to their needs is key.
• Trust is foundational in the advisor-client relationship.
• Effective communication is vital throughout the transaction process.
• Managing expectations can prevent surprises during the deal.
• Monitoring business performance is necessary to achieve exit goals.
• Building strong relationships with clients leads to better outcomes.

About the show:

The M&A Mastermind Podcast is your go-to source for the latest industry trends and strategies to level up your M&A practice.

The show features thought leaders who specialize in the lower middle market space and share their experiences and expertise across key areas of execution, such as: market analysis, lead generation, deal management, strategic partnerships, buyer access and much more.

With host Nick Olsen, each episode's "mastermind" will share ways in which they have found success in navigating the M&A industry to best support the small-to-medium sized private business owners they focus on serving.

Chapters:

00:00 Introduction to M&A and Personal Experiences

03:01 The Importance of Alignment in M&A Transactions

06:07 Lessons Learned from Past Exits

09:02 Understanding Client Readiness and Expectations

12:06 The Discovery Phase: Building Relationships

14:46 Adapting to Client Personalities

17:58 Balancing Professional Judgment with Client Desires

21:07 The Role of Trust in Advisor-Client Relationships

24:00 Communication Strategies During the Process

27:03 Managing Expectations and Surprises

30:10 Monitoring Progress and Achieving Goals

32:47 Final Thoughts and Closing Remarks

Keywords: M&A, alignment, client readiness, trust, communication, exit strategies, business valuation, advisor-client relationship, transaction process, personal experiences

In this episode of the M&A Mastermind podcast, host Nick Olsen interviews Fred Joyal, a marketing expert and author of 'Super Bold'. Fred shares his journey from co-founding 1-800-DENTIST to becoming a boldness advocate. He discusses the importance of boldness in entrepreneurship, how to develop it as a skill, and the significance of building relationships without an agenda. The conversation also touches on the role of boldness in M&A negotiations and offers practical advice for listeners looking to enhance their boldness in both personal and professional settings.

Tune in now and elevate your understanding of M&A dynamics with the podcast that delivers actionable insights and unlocks the door to new possibilities. To learn more about M&A trends and insights, please like, subscribe, and rate our podcast. New episodes go live every Thursday at 9 am CST.

Some Key takeaways include:

• Boldness can be learned and is a life skill.
• Confidence is how you feel; boldness is what you do.
• Taking bold action when stakes are low prepares you for high-stakes situations.
• Building boldness is like building muscle; it requires practice.
• Embarrassment is a choice; you can choose not to be embarrassed.
• Networking without an agenda fosters genuine relationships.
• Boldness is crucial in M&A negotiations for better outcomes.
• You can create new neural pathways to become bolder.
• Curiosity and generosity can lead to unexpected opportunities.
• Daily prospecting is essential for developing boldness.

About the show:

The M&A Mastermind Podcast is your go-to source for the latest industry trends and strategies to level up your M&A practice.

The show features thought leaders who specialize in the lower middle market space and share their experiences and expertise across key areas of execution, such as: market analysis, lead generation, deal management, strategic partnerships, buyer access and much more.

With host Nick Olsen, each episode's "mastermind" will share ways in which they have found success in navigating the M&A industry to best support the small-to-medium sized private business owners they focus on serving.

Chapters:

00:00 Introduction to Fred Joyal and His Journey

07:09 Transitioning to Boldness: Fred's New Mission

12:28 Defining Boldness: Action Over Confidence

20:44 Building the Boldness Muscle: Practical Steps

27:16 The Importance of Relationships Without Agenda

31:11 Boldness in M&A: Negotiating with Confidence

35:00 Final Thoughts and Advice on Boldness

Keywords: boldness, entrepreneurship, M&A, personal development, Fred Joyal, Super Bold, confidence, business strategy, networking, leadership

In this episode of the M&A Mastermind podcast, Nick Olsen interviews John Dalton and John Howe about their experiences in the manufacturing industry and the process of buying and selling manufacturing companies. They discuss the importance of research and understanding the niche market, as well as the need for empathy and collaboration with the seller and management team. They also highlight the value of creating a strong company culture and investing in the growth and development of the employees. The conversation showcases the unique approach of IDI (Industrial Device Investments) in acquiring and building long-term, successful industrial product companies.

In this conversation, John Dalton and John Howe discuss their experiences with manufacturing deals and the importance of collaboration and understanding the operations of the target company. They highlight the challenges of accounting in manufacturing and the need for accurate financial information. They also emphasize the significance of the management team and the value of involving key players early in the process. The conversation underscores the potential of small manufacturing companies and the positive impact that M&A can have on their growth and transition. Overall, the key takeaways include the importance of knowing the operations, building rapport with the team, and focusing on the people involved in the deal.

Tune in now and elevate your understanding of M&A dynamics with the podcast that delivers actionable insights and unlocks the door to new possibilities. To learn more about M&A trends and insights, please like, subscribe, and rate our podcast. New episodes go live every Thursday at 9 am CST.

Some Key takeaways include:

• Research and understanding the niche market are crucial in the M&A process for manufacturing companies.
• Empathy and collaboration with the seller and management team are essential for a successful acquisition.
• Investing in company culture and employee development can lead to long-term growth and success.
• IDI's approach focuses on building strong, sustainable industrial product companies. Understanding the operations of the target company is crucial in manufacturing deals.
• Accurate financial information and accounting practices are essential in evaluating manufacturing companies.
• Involving key players early in the process and building rapport with the management team is important for a successful deal.
• Small manufacturing companies often have significant potential for growth and can be valuable investments.
• Collaboration and a focus on the people involved are key to a successful M&A deal in the manufacturing industry.

About the show:

The M&A Mastermind Podcast is your go-to source for the latest industry trends and strategies to level up your M&A practice.

The show features thought leaders who specialize in the lower middle market space and share their experiences and expertise across key areas of execution, such as: market analysis, lead generation, deal management, strategic partnerships, buyer access and much more.

With host Nick Olsen, each episode's "mastermind" will share ways in which they have found success in navigating the M&A industry to best support the small-to-medium sized private business owners they focus on serving.

Chapters:

00:00 Introduction of Guests

03:13 IDI: Building Long-Term Industrial Product Companies

06:05 Understanding Manufacturing from an M&A Perspective

10:09 Preparing for a Manufacturing Pitch

12:02 Meeting and Collaborating: John Dalton and John Howe

15:18 IDI's Approach to Acquisitions

18:25 Investing in Company Culture and Employee Development

21:09 The Importance of Knowing the Buyer's Post-Transaction Plans

22:38 The Value of IDI in the Acquisition Process

26:31 Choosing the Right Buyer for a Smooth Transition

28:30 Intriguing Aspects of the Opportunity

28:36 The Importance of Understanding Operations in Manufacturing Deals

30:07 Accurate Financial Information and Accounting Practices in Manufacturing

31:36 Involving Key Players and Building Rapport with the Management Team

36:54 The Potential of Small Manufacturing Companies for Growth

39:47 Collaboration and People-Centric Approach in Manufacturing M&A

Keywords: M&A, manufacturing, niche market, research, empathy, collaboration, company culture, employee development, IDI, manufacturing deals, collaboration, operations, accounting, management team, small manufacturing companies, growth, transition