How to Buy a $13m Business with No PG, No Investors
Sale-leaseback and asset-based lending enabled Carlo Santelli to acquire and own 100% of a $3.5m EBITDA manufacturer.
Topics in Carlo’s interview:
Applying 3x to Columbia before getting in
Leaving a finance career to buy a business
Why he only buys proprietary, not through brokers
Maintaining deal momentum when a seller is very busy
The power of asset-based lending
The power of a successful sale leaseback
Being comfortable learning as you go
How he thinks about risk
Closing on 4 businesses this year
His ambitious goal for next year
References and how to contact Carlo:
LinkedIn…
The skinny
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