How Austin Smoak raised money from investors to buy a very profitable roofing business that he found on BizBuySell.
Topics in Austin's interview:
- How Goldman Sachs prepared him for business ownership
- Passively owning franchises
- Why he recommends local brokers over proprietary search
- Finding “business-buyer fit”
- His plan to scale via roll-up
- His philosophy on change management
- Pros and cons of being funded by a family office
- The scope of his residential roofing business
- The roofing industry in Florida
- How he uses digital marketing
Links and how to contact Austin:
- Grove Oaks Capital
- Axial
- Why Should White Guys Have All the Fun?: How Reginald Lewis Created a Billion-Dollar Business Empire by Reginald Lewis and Blair S. Walker
Get a complementary pre-acquisition HR & PEO review for your target business:
- Contact mark@aspenhr.com or visit Aspen HR
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
Information
- Show
- FrequencyUpdated Daily
- PublishedMay 30, 2023 at 7:00 AM UTC
- Length49 min
- RatingClean