From Determined Searcher to $75m Accidental Holdco

Acquiring Minds

Adam Duggins had 650 meetings to find his first business in 2013, not expecting he'd buy 3 more over the next 10 years. 

Topics in Adam Duggins’s interview:

  • Meeting with 650 people (in person!) during his search
  • How Adam found his partner & structured their ownership
  • How Adam became a holdco without meaning to
  • How motivating blue collar workers versus white collar careerists is different
  • Why Adam prefers working with blue collar versus white collar
  • Buying businesses in overlooked geographies
  • A bit about each of Adam's 4 businesses: steel fabrication, commercial HVAC, Jet-Hot, boiler services
  • What to love about businesses in the construction industry
  • Stability vs. growth
  • Early mistakes as an owner

Links and how to contact Adam:

  • New Page Capital 
  • W.C. Rouse 
  • Engineered Steel 
  • American Industrial Contractors
  • Jet-Hot
  • Adam’s email: adoug@newpagecapital.com

Get a complementary pre-acquisition HR & PEO review for your target business:

  • Contact mark@aspenhr.com or visit Aspen HR

Connect with A-players who can run your business remotely:

  • More Staffing

Connect with Acquiring Minds:

  • See past + future interviews on the YouTube channel
  • Connect with host Will Smith on LinkedIn
  • Follow Will on Twitter

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