Darryl Lindie did a geo-constrained search in Rhode Island to acquire a sign business with $650k of SDE & 25 employees. 
Topics in Darryl’s interview:
<ul>
<li>His background in the Navy</li>
<li>How getting an MBA might slow you down</li>
<li>Searching in a small geographic radius</li>
<li>Buying a signage company</li>
<li>Valuing a business with a lot of cash transactions</li>
<li>Getting comfortable with project-based revenue</li>
<li>Mistakes in due diligence</li>
<li>Improving the culture in 100 days</li>
<li>Hiring a supplier to be his GM</li>
<li>Raising a fund for New Majority Capital</li>
</ul>
References and how to contact Darryl:
<ul>
<li><a href="https://www.linkedin.com/in/darryl-lindie-15315493/">LinkedIn</a></li>
<li>darryl@newmajoritycapital.com</li>
<li><a href="https://newmajoritycapital.com/">New Majority Capital</a></li>
<li><a href="https://docs.google.com/document/d/1Mmnhhxj7kvoiNWO8WD3Shp_M5BoEkXhJv-YYxqThHik/edit#heading=h.q62pxm4qsujk">Why Should White Guys Have All the Fun?: How Reginald Lewis Created a Billion-Dollar Business Empire</a></li>
<li><a href="https://www.amazon.com/Outsiders-Unconventional-Radically-Rational-Blueprint-ebook/dp/B009G1T74O/ref=tmm_kin_swatch_0?_encoding=UTF8&qid=1698781769&sr=1-2">The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success</a></li>
</ul>
Get a complementary pre-acquisition HR & PEO review for your target business:
<ul>
<li>Contact mark@aspenhr.com or <a href="https://bit.ly/3TR47Ps">visit Aspen HR</a></li>
</ul>
 Get complimentary due diligence on your acquisition&#8217;s insurance & benefits program:
<ul>
<li><a href="https://bit.ly/3W6QqNx">Oberle Risk Strategies &#8211; Search Fund Team</a></li>
</ul>
Connect with Acquiring Minds:
<ul>
<li>See past + future interviews on the <a href="https://www.youtube.com/c/AcquiringMinds">YouTube channel</a></li>
<li>Connect with host <a href="https://www.linkedin.com/in/willsmithsf/">Will Smith on LinkedIn</a></li>
<li>Follow <a href="https://twitter.com/whentheresawill">Will on Twitter</a></li>
</ul>

Will Smith

Hard but Fun: Transitioning a 77-Year-Old Business

Darryl Lindie did a geo-constrained search in Rhode Island to acquire a sign business with $650k of SDE & 25 employees.  Topics in Darryl’s interview: His background in the Navy How getting an MBA might slow you down Searching in a small geographic radius Buying a signage company Valuing a business with a lot of [&hellip;]