David Royce

You know, his kids are going to private schools, you know, he has an amazing lifestyle.

He's a little more low key on average, but yeah, I think there's a ton of opportunity in these businesses that are overlooked, you know, that most people aren't running into and that it'd be wise to take another look at them, especially because private equity and, and the strategics are buying up a lot of these, they're rolling up a lot of these businesses right now.

So try to find an industry where it's early, you know, maybe say it's the second or third inning.

as opposed to maybe the ninth inning and a private equity rollout.

Let's see if you can get into that.

Yeah.

There's a, some people call it the silver tsunami where you have a lot of genetic or, uh, uh,

Oh, shoot.

I forget the name of the generation.

No, off the top of my head.

Baby boomers?

Yeah, baby boomers.

They're retiring, right?

And there's a lot of them that are in these blue-collar trades, and they don't have anybody to sell to.

Like, their kids don't want to go into the business, maybe because it's not as sexy as the news, you know, is what's reported.

And so they don't know who to give it to.

So you can do, like, your own roll-up, and that's what a lot of these private equity companies are going in, and they're buying all these up.

And so, yeah, I think there's a great opportunity to buy at a good price, get in, learn the business, scale if you want to, and roll up yourself, and then sell the business down the road for a much higher multiple.

Yeah, I think it's that as opposed to working –

On the business, you're working in it.