How to Buy a $800k Clinical Trials Firm & Grow It to $3m
Podcast: Acquiring MindsPublished On: Thu May 20 2021
Description: How former management consultant Scott Whitt acquired and grew a small clinical trials business into the millions.Key points from Scott's acquisition:Triad was generating $850k in revenues & large 70% marginsScott acquired it in 2015 for 3.5x earningsUsed ROBS for part of the acquisition financingGrew revenues to $3m in 5 yearsPredicts business can grow to $6-7mReach Scott Whitt:scott_whitt@outlook.comLinkedInHis acquisition, Triad Clinical TrialsOfficial episode page & full show notes at AcquiringMinds.co:Buying a Clinical Trials Firm & Growing It to $3m
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