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Acquiring Minds

One Year Later: Holdco Grows to $75m in Total Revenue

16 Mar 2023

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Justin Turner returns with details on 2 new acquisitions by his holdco Traction, plus updates on the existing 4 portcos. Topics in Justin’s interview:Justin helps run investment firm Traction Capital PartnersHow Traction is different from Private EquityThe risks of buying into a franchise networkHow he bought one of his vendorsLessons learned from buying 6 businessesDriving sales in a disaster restoration business Doubling revenue in 5 years for a Fire Department supply business Facing the post-Covid economic downturnRising competition for acquiring a businessTrends in the blue and white collar labor marketJustin's original appears on Acquiring Minds:How to Build a Holdco (4 Acquisitions So Far)Links and How to Contact Justin:LinkedIn TwitterTraction CPGet complimentary due diligence on your acquisition's insurance & benefits program:Oberle Risk Strategies - Search Fund TeamLearn more about Walker Deibel's done-with-you buy-side advisory:The Acquisition LabConnect with Acquiring Minds: See past + future interviews on the YouTube channel Connect with host Will Smith on LinkedIn Follow Will on Twitter

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