How to Recover from a Fraudulent Seller
Podcast: Acquiring MindsPublished On: Thu May 08 2025
Description: Register for the webinar:Deal Structuring Under the New SBA Rules - TODAY May 8th - https://bit.ly/4jFLpX2Jason Jackson thought he bought a $1.5m SDE dental practice. In fact, the business was losing money & engaging in fraud.Topics in Jason’s interview:Value of pattern recognition in businessMissing fraud despite $400k of due diligenceTurning around a business with negative EBITDAWhen to fire a top performerFixing a broken work cultureWhy he decided not to sue the sellerHands-on learning in every roleChanging their revenue model during CovidFocusing on cash, culture, and communicationWhy his investors were thrilled with a 2x returnReferences and how to contact Jason:LinkedInJason’s partner Olaide LawalFutaleufu PartnersThe Manager’s Handbook by David DodsonGet complimentary due diligence on your acquisition's insurance & benefits program:Oberle Risk Strategies - Search Fund TeamGet a free review of your books & financial ops from System Six (a $500 value):Book a call with Tim or hello@systemsix.com and mention Acquiring MindsLearn more about Walker Deibel's done-with-you buy-side advisory:The Acquisition LabConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron
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