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Latest / Acquiring Minds

One Year Later: Holdco Grows to $75m in Total Revenue

Justin Turner returns with details on 2 new acquisitions by his holdco Traction, plus updates on the existing 4 portcos.

Topics in Justin’s interview:

Justin helps run investment firm Traction Capital Partners

How Traction is different from Private Equity

The risks of buying into a franchise network

How he bought one of his vendors

Lessons learned from buying 6 businesses

Driving sales in a disaster restoration business

Doubling revenue in 5 years for a Fire Department supply business

Facing the post-Covid economic downturn

Rising competition for acquiring a business

Trends in the blue and…

The skinny

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