Business Buying Strategies From The Dealmaker's Academy

Every week I interview someone from the world of mergers and acquisitions so we can find out their approach to buying businesses.   On this week's episode, we are going to meet Dan Bown. Dan Bown is one of my Mastermind clients, and when he came on Mastermind, he wasn't entirely sure which type of business to buy. He's settled on plant hire, and has just done his first eight figure acquisition. In this episode, we'll find out how he did it. Key Highlights [01:10] Dan introduces himself and his career before becoming a dealmaker [04:16] Dan talks about how he came to join Jonathan’s Dealmaker programme [05:28] Dan outlines the first sectors he considered [08:21] Dan describes his process for shortlisting companies to approach [10:08] Dan’s first, and only, initial response [11:05] The negotiations to agree a deal to buy the business [12:57] The deal seems to fall apart [14:26] The deal is back on! [17:57] Finding the right lender [21:16] Getting to Heads of Terms [25:38] The deal gets over the line [27:18] Dan