One Year Later: Holdco Grows to $75m in Total Revenue
About this episode
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 Partners
- How Traction is different from Private Equity
- The risks of buying into a franchise network
- How he bought one of his vendors
- Lessons learned from buying 6 businesses
- Driving sales in a disaster restoration business
- Doubling revenue in 5 years for a Fire Department supply business
- Facing the post-Covid economic downturn
- Rising competition for acquiring a business
- Trends in the blue and white collar labor market
Justin's original appears on Acquiring Minds:
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