Bullseye: Buying a $1m SDE Business in a Hot Industry

Pete Ciaverilla bought a $12m HVAC business, then grew earnings 50% in 3 years. His timing couldn't have been better.Topics in Peter’s interview:Combining households with his parents while searchingUsing a buy-side advisorFunding less than 5% of the deal himselfTransitioning the seller’s family out of the businessBuying a company with 65 employees, $12M in revenueAdvantages of buying a bigger companyBalancing commercial and residential HVACImpact of seasonality on revenueWhy private equity likes HVACFeeling comfortable with taking on a large loanReferences and how to contact Peter:LinkedInTwitterLearn more about Walker Deibel's done-with-you buy-side advisory:The Acquisition LabGet complimentary due diligence on your acquisition's insurance & benefits program:Oberle Risk Strategies - Search Fund TeamGet a complementary pre-acquisition HR & PEO review for your target business:Contact [email protected] or visit Aspen HRConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on Twitter