How I Acquired a Large Company Right After Stanford MBA | Justin Mazeka Vogt Interview
Podcast:Buyers and Builders Published On: Thu Nov 09 2023 Description: Justin Mazeka Vogt is the co-founder and CEO of Evermore Industries, a permanent capital holding company he founded with Ed Redden in 2020Prior to co-founding Evermore Industries, Justin invested in ~100 transportation and industrial businesses with Bain Capital Credit in Boston, Massachusetts.Justin holds a Finance degree from the University of Notre Dame as well as an MBA from Stanford's Graduate School of Business.(I'm very sorry for my audio. My microphone messed up a few minutes before the podcast.)On this episode, PrivatEquityGuy & Justin discuss:- Evermore Industries dream business acquisitions- lessons learned after 18 months of running a business and setting up a holding company- how and why they don’t think about dividends, and don't care about M&A.- why everything is around trying to maximize value per share- what Justin is telling to her wife when she wakes up one day and wants Justin to buy her a brand new Porsche- Frustration = expectations - reality- Justin step-by-step strategy as a long-term owner- why when they got started they didn’t look for investors, they were looking for investor-advisors- how complementary skill sets such as operational expertise vs investing expertise really work together.- what is the one decision that you can make that makes all of the other decisions easier.- Justin's “best book” recommendationNo hype. Nothing flashy. Just real stories from a serious investment specialist.Follow PrivatEquityGuy on Twitter: www.Twitter.com/PrivatEquityGuyJoin HoldCo Builders weekly newsletter on finding deals, raising capital, and growing small niche manufacturing businesses: https://privatequityguy.beehiiv.com/subscribeJustin on Twitter: https://twitter.com/J_M_VogtEvermore Industries invests in high-quality, profitable, growing technology and service and businesses with no intention of ever selling. Based in Austin, Texas, and investing around the United States, Evermore Industries exclusively focuses on businesses with long-term growth potential and large ambitions.