How One Tiny Acquisition Grew Into a Holdco
Matt Huggins bought a small water & cable utility doing $200k/year. 15 years later, his holdco is on track for $20m/yr.
Topics in this interview:
Matt's decision to step off the academic track
Matt's career as a professional online poker player
Transitioning from poker to small business
Acquiring a utilities company for a group of condos
The surprising complexity of running a utilities company
Starting a manhole lining business
The stability and diversity of the water industry
Acquiring businesses from retiring owners without needing capital
The value of a fractional CFO
The reward of helping…
The skinny
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