Acquisitions Anonymous

A Pet Product and Saas business for sale. Which one do we like? - Acquisitions Anonymous Episode 106

July 07, 2022 Bill D'Alessandro, Mills Snell, & Michael Girdley Episode 106
Acquisitions Anonymous
A Pet Product and Saas business for sale. Which one do we like? - Acquisitions Anonymous Episode 106
Show Notes

Michael Girdley (@Girdley), Bill D’Alessandro (@BillDA), and Mills Snell (@thegeneralmills), we talk about an independent pet supply rep company in Alaska and Oregon. On the other hand, we looked at a second deal from a failing startup currently being sold on micro-acquire by Andrew and his team. Here we will figure out what they do, how the business works, and identify the Pros and Cons of the two deals.

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Show Notes:

(00:00) - Introduction to A Pet Product and Saas business for sale
(00:55) - Our sponsor is Cloudbookkeeping.com
(03:50) - Deal 1: A highly successful company that services pet product customers in Washington, Oregon, Idaho, and Alaska
(05:00) - What kind of Business Model does the pet rep company have? How does acting as a fractional salesforce help in the market?
(08:14) - In terms of assets, What else is bought?
(13:52) - Why would you like to buy yourself a job?
(15:18) - How does Geographical importance affect growth opportunities?
(23:26) - Deal 2: SaaS data analysis business
(25:51) - A $17m red flag on MicroAcquire!
(33:49) - How could the growth continue during the coming years?
(37:17) - What kills Deals the most? Who would buy this?
(38:50) - Understand the incentives of each stakeholder in a Deal
(41:25) - What is the current state of the market for Saas businesses?
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Links:
* Cloudbookkeeping.com
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* Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.
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Past guests on Acquanon include Nick Huber, Brent Beshore, Aaron Rubin, Mike Botkin, Ari Ozick, Mitchell Baldridge, Xavier Helgelsen, Mike Loftus, Steve Divitkos, Dzmitry Miranovich, Morgan Tate and more.
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Additional episodes you might enjoy:
#96 From W-2 to Business Owner - Patrick Dichter tells us how to cold reach seller and we discuss 2 Deals
#87 Yelp is not evil! Building a business using digital CAC - Featuring Johnny Robinson from Orange Window Cleaning