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Eric Cline

πŸ‘€ Speaker
1693 total appearances

Appearances Over Time

Podcast Appearances

The Level Up Podcast w/ Paul Alex
$147 Million Exit Gone Wrong: Eric Cline Reveals How He Lost Everything and Rebuilt His Life

So he says, hey, let me look at your model.

The Level Up Podcast w/ Paul Alex
$147 Million Exit Gone Wrong: Eric Cline Reveals How He Lost Everything and Rebuilt His Life

He looked at it, brought a M&A guy in.

The Level Up Podcast w/ Paul Alex
$147 Million Exit Gone Wrong: Eric Cline Reveals How He Lost Everything and Rebuilt His Life

They looked at it and they're like, holy smokes, you guys got a cash cow in your hands.

The Level Up Podcast w/ Paul Alex
$147 Million Exit Gone Wrong: Eric Cline Reveals How He Lost Everything and Rebuilt His Life

Super profitable.

The Level Up Podcast w/ Paul Alex
$147 Million Exit Gone Wrong: Eric Cline Reveals How He Lost Everything and Rebuilt His Life

And they're like, they start talking EBITDA and all this stuff.

The Level Up Podcast w/ Paul Alex
$147 Million Exit Gone Wrong: Eric Cline Reveals How He Lost Everything and Rebuilt His Life

And I was like.

The Level Up Podcast w/ Paul Alex
$147 Million Exit Gone Wrong: Eric Cline Reveals How He Lost Everything and Rebuilt His Life

what is even going on?

The Level Up Podcast w/ Paul Alex
$147 Million Exit Gone Wrong: Eric Cline Reveals How He Lost Everything and Rebuilt His Life

They had private equity firms flying in.

The Level Up Podcast w/ Paul Alex
$147 Million Exit Gone Wrong: Eric Cline Reveals How He Lost Everything and Rebuilt His Life

We were going out to dinner and me and my wife literally were like, how the hell did we get at these tables?

The Level Up Podcast w/ Paul Alex
$147 Million Exit Gone Wrong: Eric Cline Reveals How He Lost Everything and Rebuilt His Life

Like, is this real?

The Level Up Podcast w/ Paul Alex
$147 Million Exit Gone Wrong: Eric Cline Reveals How He Lost Everything and Rebuilt His Life

Are they messing with us?

The Level Up Podcast w/ Paul Alex
$147 Million Exit Gone Wrong: Eric Cline Reveals How He Lost Everything and Rebuilt His Life

The whole time, we almost didn't believe what was going on.

The Level Up Podcast w/ Paul Alex
$147 Million Exit Gone Wrong: Eric Cline Reveals How He Lost Everything and Rebuilt His Life

And then we started getting offers in.

The Level Up Podcast w/ Paul Alex
$147 Million Exit Gone Wrong: Eric Cline Reveals How He Lost Everything and Rebuilt His Life

And the very first offer that came in, we took the five best – the M&A company took the five best offers.

The Level Up Podcast w/ Paul Alex
$147 Million Exit Gone Wrong: Eric Cline Reveals How He Lost Everything and Rebuilt His Life

They flew them in.

The Level Up Podcast w/ Paul Alex
$147 Million Exit Gone Wrong: Eric Cline Reveals How He Lost Everything and Rebuilt His Life

They looked at our facility in Fort Lauderdale.

The Level Up Podcast w/ Paul Alex
$147 Million Exit Gone Wrong: Eric Cline Reveals How He Lost Everything and Rebuilt His Life

So we had offers from $147 million to $92 million for 100% of the business.

The Level Up Podcast w/ Paul Alex
$147 Million Exit Gone Wrong: Eric Cline Reveals How He Lost Everything and Rebuilt His Life

And again, I'm like, how the hell –

The Level Up Podcast w/ Paul Alex
$147 Million Exit Gone Wrong: Eric Cline Reveals How He Lost Everything and Rebuilt His Life

did we build something like this?

The Level Up Podcast w/ Paul Alex
$147 Million Exit Gone Wrong: Eric Cline Reveals How He Lost Everything and Rebuilt His Life

How did we get here?