Co-Founder and Investor @JigsawEquity | Ex-M&A advisor | Buying and investing in recruitment companiesjigsawequity.com London, EnglandJoined January 2024
People focus too much on buying a company with the right business model
– Recurring revenue
– Recession resistant
– Fragmented industry
– Sticky customers
– Etc
But buying the right business is entirely unique to the individual.
Not enough emphasis is placed on finding a…
In my experience, this wouldn't work. Trying to be too clever never really works. It's always better to keep things simple.
The sellers are not fully in control of the EBITDA in the CIM and will be guided by the broker/advisor.
They also often don’t fully understand proper…
In my experience, this wouldn't work. Trying to be too clever never really works. It's always better to keep things simple.
The sellers are not fully in control of the EBITDA in the CIM and will be guided by the broker/advisor.
They also often don’t fully understand proper…
You also hardly make anything without leverage…
People think investing in property is the thing to do because it’s the most widely understood form of investing. The most common.
But the returns generally suck compared to stocks, ETFs, or a more balanced listed portfolio etc.…
You also hardly make anything without leverage…
People think investing in property is the thing to do because it’s the most widely understood form of investing. The most common.
But the returns generally suck compared to stocks, ETFs, or a more balanced listed portfolio etc.…
#1 thing PE buyers want in a direct investment: a backable management team.
If they don’t trust the team left behind, there must be a clear route to one.
Some gaps are easier: CFOs / FDs can be replaced. Sales leaders with deep customer ties? Much harder.
Clean financials…
#1 thing PE buyers want in a direct investment: a backable management team.
If they don’t trust the team left behind, there must be a clear route to one.
Some gaps are easier: CFOs / FDs can be replaced. Sales leaders with deep customer ties? Much harder.
Clean financials…
The UK government doesn't appreciate that the constant dithering on tax changes inevitably stalls the economy.
Every couple of months, a new proposed change is leaked... and everyone pauses spending, investing, buying. Waiting so they don't get caught out.
Perfect example:
I…
I’d much prefer heavy equipment rental to selling big pieces of kit!
Answers to these kind of questions always a bit nuanced. So, it depends…
- on who is in place at the moment
- whether you’re predominately looking at PE or a sale to a strategic
- and what specific growth…
I’d much prefer heavy equipment rental to selling big pieces of kit!
Answers to these kind of questions always a bit nuanced. So, it depends…
- on who is in place at the moment
- whether you’re predominately looking at PE or a sale to a strategic
- and what specific growth…
IMO, it depends on how quickly your business is growing.
If you’re growing fast, a bookkeeper won’t cut it for long.
Always skip the CFO – at startup stage, it’s just title inflation. People wanting to be seen to hire a CFO because they think it sounds better.
But don’t skimp.…
IMO, it depends on how quickly your business is growing.
If you’re growing fast, a bookkeeper won’t cut it for long.
Always skip the CFO – at startup stage, it’s just title inflation. People wanting to be seen to hire a CFO because they think it sounds better.
But don’t skimp.…
“Some days you feel like a genius, other days like a complete idiot.”
Like the words were taken out of my mouth…
I remember being in meetings with sellers early on. You could see our message resonating, and we were clicking with them far more than I’d seen generic PE firms in…
“Some days you feel like a genius, other days like a complete idiot.”
Like the words were taken out of my mouth…
I remember being in meetings with sellers early on. You could see our message resonating, and we were clicking with them far more than I’d seen generic PE firms in…
People think you get ahead by replying to every email in 30 mins.
Not true. The best don’t answer every message fast. That's just a waste of time and energy. They just spot the important ones instantly.
We were introduced to a former FTSE100 CEO for a founder reference.
Now…
Benchmark International is the only M&A broker that can be told in writing we only look at recruitment opportunities… and still send me everything under the sun.
I even have a Superhuman snippet that tells them that and attaches our advisor pack.
Zero impact so far.
Why do we invest in agencies?
The typical view in private equity is that investing in an agency is hard work. It's a high-risk investment, and many funds steer clear altogether.
They aren't wrong.
The model is inherently cyclical – boom and bust, feast and then famine. You're…
This morning, someone asked how I’d invest in an early-stage agency.
It’s something we’ve done before – and we’ve just signed another deal to launch in November.
It's harder than most investors think.
Here's the model we used to go from launch to £1m net profit in four…
2K Followers 2K FollowingFamily man and father of 3 amazing kids 🐶 Dog Boarding/Daycare business owner (x6) 📊 Dog Boarding/Daycare Consulting 🥋BJJ 🟣Belt 💯Mile Ultra Runner (x4)
316 Followers 1K FollowingJ'accompagne des marques e-commerces à scaler 🚀 +30M€ revenus générés | +10M€ dépensés en publicités Tu veux scaler ton shop ? Réserve ton appel gratuit 👇
20 Followers 893 Following@baklug Truth
Betsy Klug Facebook
@betsyann4US Instagram
DO NOT ENGAGE MEDIA OR GOVT ONLINE OR YOULL RISK BEING DISAPPEARED AND HAVE YOUR LIFE'S WORK STOLEN!
1K Followers 209 Following🏢 Compro pymes
🌊 De Deloitte Holanda a escalar pymes en Galicia
🧓 Empresas sin relevo generacional
🤝 Abierto a hablar con propietarios o inversores | DM
604 Followers 386 FollowingChronicling the SMB process | Focus on industrial services, business services, and distribution businesses with $1 - $5m of EBITDA | Former PE and IB
87 Followers 721 FollowingI run a portfolio of internet companies. CEO: @latecheckotplz we build companies like @meetLCA, @boringmarketer, @ideabrowser etc
166 Followers 2K FollowingFinancial Intelligence for Begginners Master your Income From Today Available in Amazon and Apple Books https://t.co/CsZBdABW2W
3K Followers 1K FollowingFounder of Spacebar Ventures, a HoldCo that starts and acquires niche B2B businesses. Previously founded OpGen Media (acq.). @Mets fan
15K Followers 711 FollowingTwenty years in IB and mid-market PE. Sharing my journey to scale a fast-growing B2B negotiations training and advisory firm. Proudly 🇨🇦 | 🇺🇲
130K Followers 525 FollowingI profile the world's most extraordinary people.
My work: https://t.co/rtapSq9chZ
My book: https://t.co/W5YZ9dIKNI
Interviews: https://t.co/cixT14Nkry
1.3M Followers 1K FollowingCo-Founder of Coursera; Stanford CS adjunct faculty. Former head of Baidu AI Group/Google Brain. #ai #machinelearning, #deeplearning #MOOCs
17K Followers 1K FollowingProvide quality bookkeeping, tax, and QOE nationwide. Inspired Or Acquired Podcast host. Acquired 3 firms. Fly fisherman and small business geek. NH and CO📍
16K Followers 123 FollowingFounder, Morningside AI | Helping businesses scale with AI & teaching others how to do it | #1 AI business community in the world (222k+ members)
604 Followers 386 FollowingChronicling the SMB process | Focus on industrial services, business services, and distribution businesses with $1 - $5m of EBITDA | Former PE and IB
6K Followers 1K FollowingSMB owner, operator, and investor. Managing Partner of Slack Water Capital. CEO of GreenWorks Landscape Partners. Washed up valued-oriented HF guy.
523K Followers 868 FollowingI run a portfolio of internet companies and host @startupideaspod. CEO: @latecheckoutplz we build companies like @ideabrowser, @meetLCA, @boringmarketer etc
3K Followers 1K FollowingFounder of Spacebar Ventures, a HoldCo that starts and acquires niche B2B businesses. Previously founded OpGen Media (acq.). @Mets fan
33K Followers 648 FollowingFamily man, Runner, and Entrepreneur. Creator of a better way to build internal links: https://t.co/OmAdfEHIhI. I tweet mostly about SEO, SaaS, and online business.
179K Followers 10K FollowingTweets about building ambitious bootstrapped companies. Exited @ampush. Now building a $1B+ bootstrapped venture studio @GatewayX
30K Followers 1K FollowingBuying & building internet companies and sharing what I learn along the way |
Helping US companies hire in Latin America @HireInSouth |
8K Followers 205 FollowingBuying another $1B in B2B software companies by 2025.
150+ completed tech acquisitions since 2002.
No profit, no growth... no problem.
466K Followers 777 Following"The Writing Guy" | Christian | Host: How I Write Podcast | I tweet about writing, AI, and creativity | My writing: https://t.co/SOE9HtxXdi
6K Followers 619 FollowingLucky to be CEO @Systemsixbooks. Finance & accounting for SMBs. Acquired via ETA; doubled in 3 years. BHAG=$50M rev by 2030. Ex PE & MBA. Golf when I can. 0.3
33K Followers 477 FollowingBuilt & bought 18 companies across marketing, events, entertainment & more. Failed half. Still survived. Sharing hard-won lessons of business from the trenches.
202 Followers 176 Following🧮 Chartered Accountant
📚Author: Stark Naked Numbers
💸CoFounder: @SBO_financial
Financial advice and tactics for founders to increase your bank balance