For the full audio interview, transcript, show notes and more visit: https://altassetallocation.com/
Deven Soni is a co-Founder at Kingmakers Ops. Kingmakers acquires, systematizes and grows residential services businesses (with a focus on HVAC and plumbing).
As a company, they're looking to become an operating holding company of a number of mid-sized service businesses. Kingmakers is working on acquiring and operating a portfolio of more stable, downturn-resilient service businesses. With an estimated 60% of Small Business Owners looking to retire in the next 10 years, there are opportunities if you look in the right places.
We talk about investing in private service businesses including: how to find deal flow, valuations and multiples, and then how to "systematize and grow" once you've purchased them - then exit strategy for Kingmakers as a business.
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