After 12 years of grueling organic growth, Richard learned how to acquire his competitors. Discover how he bought out his shareholders, secured his first asset deal for £10,000, and immediately acquired an £800,000 tech agency.
Richard spent 12 years burning the candle at both ends to grow his marketing technology business. When two shareholders refused to align with his vision, he bought them out. Suddenly, the entire future of the company rested entirely on his shoulders.
He realised that organic growth was too slow and painful. After discovering the Dealmakers Mastermind programme, he saw the light. He learned that anyone with determination could go out and buy a business without suffering through a long and exhausting courtship period with potential sellers.
"The thing that really came across is that it was not just for a select number of people, but for anyone with the right attitude and determination who could then go out and buy a business."
Richard approached an agency that had completely run down its staff but still possessed a strong brand, case studies, and inbound inquiries. He negotiated a rapid asset purchase for just over £10,000. It paid off immediately. A single inbound inquiry generated from that acquired website turned into a won pitch worth more than the entire acquisition cost.
Most importantly, getting his first deal over the line gave him massive credibility. When talking to other potential targets, he could finally prove he was a serious buyer with a proven track record of closing deals.
First Asset Deal
ROI on Day One
Credibility Gained
Armed with new gravitas, Richard secured his second major deal. He acquired an agency specializing in a specific software platform boasting a turnover of £800,000. Because the business operated entirely remotely using cloud infrastructure, integrating it into his group was seamless.
The cross selling opportunities exploded instantly. Clients from his flagship strategy agency began requesting the newly acquired technical services, while the newly acquired clients eagerly bought into his high level strategy services. With a robust deal team of lawyers and accountants now fully in place, Richard is aggressively hunting for 20 more acquisitions to become a top five independent UK agency group.
Software platform specialist agency
Seamless cloud-based integration
Strategy + Technical services combined
Goal: Top 5 UK agency group
How to buy a profitable business without risking your own cash in less than 180 days!
The fastest way to achieve quantum growth is by executing a strategic roll up of specialized agencies. This best-selling book usually costs £12.99 on Amazon, but I am giving it away for FREE! I have a limited allocation of free copies of this 120-page paperback book to give away this year!
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