A $800k Business to Start, $60m Portfolio Today
Andrew Blazenko has made 6 acquisitions over the last ten years. Pairing businesses with operators is key to his model.
Topics in Andrew’s interview:
Background as a business broker
Wanted the exit joy for himself
Danger of low barrier to entry
Finding great operators to run his businesses
Business acquisition requires reps
Executive in Residence program
Requiring operators to invest in the business
Difficulty of raising equity in Canada
Shipping costs as a natural moat
Living as a “gentleman of leisure”
References and how to contact Andrew:
ProSafe
Eterna Equity
TrueFoam
The…
The skinny
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