Jon talks to Philip Jepson about buying engineering firms in the EU & UK.
Show Notes
00:00 Intro
02:52 What Philip was he doing before acquisitions
07:11 How he found his first acquisition
08:40 Ask for, Understanding the financial report cards
12:14 Making an offer - and target losing biggest customer
13:35 How did he finance the acquisition
15:09 How he felt after deal was signed
16:37 Post acquisition, what happens to the Employees
21:21 the importance of Praising Your People
22:52 Getting ideas and the employees Involved
29:44 Losing the BIG customer - what to do
32:49 CNC machines - bad luck
35:50 Time to start looking for 2nd acquisition
37:24 Credibility with brokers
38:34 Hold Co Legal structure
41:37 What drives Philip now - his WHY
43:49 Asking about the strategic jigsaw puzzle plan
48:15 His mentors - JT Fox
49:58 Types of Books he likes to read
Links
https://www.linkedin.com/in/philjepson/
https://www.alliedglobalengineering.com/
Jon Stoddard Podcaster
Jon talks to the "Top M&A Entrepreneurs". Our guests have acquired over 600 businesses and over $52 Billion in Value!
Jon talks to the "Top M&A Entrepreneurs". Our guests have acquired over 600 businesses and over $52 Billion in Value!Listen on
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Sebastian Amieva
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