Business Buying Strategies From The Dealmaker's Academy

In this episode, Jonathan is joined by Dan, who shares the remarkable story of his first acquisition – an £8m specialist plant hire business. We discover what led Dan to consider the business, how the negotiations went, the challenges he faced, and how the deal was eventually done. Dan also discusses the different options he considered before settling on this particular business, and why he chose to be lenient on the terms of the deal. Key Highlights [01:23] The type of business that Dan purchased [03:27] How Dan found his way into the industry [05:41] What drew Dan to this type of business [07:56] Different options that Dan considered and the challenges encountered [10:37] Number of letters that Dan sent out [12:30] Speaking with one business, he ended up buying another [14:28] Negotiations for the deal [17:39] Why Dan was lenient on the terms of the deal [19:51] Lessons learned from the acquisition Notable Quotes I've been involved in mergers and acquisitions not as someone doing the mergers and acquisitio