Michael Girdley (@Girdley), Bill D’Alessandro (@BillDA), and Mills Snell (@thegeneralmills), talk about an interesting sign business in Texas regarding oil field services. We discuss financials, operational aspects, growth opportunities, and more.
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Show Notes:
(0:00) - Introduction
(0:30) - Our sponsor is Guardian Due Diligence
(1:39) - Deal: National Pipeline Sign Markers
(2:40) - Financials & Listing
(6:15) - What kind of signs do they sell? How does this business works?
(9:30) - Who are the customers?
(12:19) - What are common misalignments between seller and buyer?
(15:00) - Do we like the deal at this multiple?
(18:00) - How does this business grow?
(21:00) - What is the competitive advantage of this deal?
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Links:
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