How One Tiny Acquisition Grew Into a Holdco

Matt Huggins bought a small water & cable utility doing $200k/year. 15 years later, his holdco is on track for $20m/yr. Topics in this interview:Matt's decision to step off the academic trackMatt's career as a professional online poker playerTransitioning from poker to small businessAcquiring a utilities company for a group of condosThe surprising complexity of running a utilities companyStarting a manhole lining business The stability and diversity of the water industryAcquiring businesses from retiring owners without needing capitalThe value of a fractional CFOThe reward of helping employeesReferences and how to contact Matt:TwitterLinkedInPeak Group CompaniesAdvanced LiningPeak Water ServicesAdvanced Pump & EquipmentGordo SalesGet a complementary pre-acquisition HR & PEO review for your target business:Contact [email protected] or visit Aspen HRConnect with A-players who can run your business remotely:More StaffingConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on Twitter

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