In this episode of Business Buying Strategies, Jonathan talks with Jamil about what happened following his acquisition of a fire door and safety business with a revenue of 4.5 million.
Jamil discusses the challenges faced immediately after the acquisition, including unexpected operational issues and restructuring tasks. He shares insights on implementing growth strategies, optimising operations through technology, and improving business processes.
Jamil highlights the importance of focusing on people, processing, and technology to enhance business efficiency. As he continues his buy-and-build strategy in the fire safety sector, Jamil emphasises the potential for significant returns from this approach and shares his future plans, including further acquisitions and potentially collaborating with private equity for expanded growth.
Key moments
02:21 Recap of Jamil's First Acquisition
02:46 Challenges and Discoveries Post-Acquisition
05:02 Implementing Growth Strategies
06:19 Operational Improvements and Staff Changes
14:06 Future Plans and Acquisitions
22:33 Advice for Aspiring Business Buyers
24:16 Conclusion and Final Thoughts
** Looking for a great acquisition lawyer in the UK? Use mine! **
If you are looking for a lawyer in the UK to help you get the deal over the line, then use my own lawyer, John Andrews. You can phone his office at (0345) 2412494 or email him at johnandrews.deallawyer@jmw.co.uk.
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