My First 5 Acquisitions and How I'm Building a $20m EBITDA SaaS HoldCo | Pascal Levy-Garboua Interview
My First 5 Acquisitions and How I'm Building a $20m EBITDA SaaS HoldCo | Pascal Levy-Garboua Interview  
Podcast: Buyers and Builders
Published On: Thu Mar 20 2025
Description: In this episode, I sit down with Pascal Levy-Garboua, a seasoned entrepreneur, investor, and the founder of Noosa Labs. After making 140 venture capital investments, including seven unicorns, Pascal shifted his focus to acquiring and scaling small, profitable SaaS businesses under Noosa Labs. His next goal? Building a $50 million ARR portfolio with a 50% EBITDA margin.We dive into his journey—from bootstrapping and navigating trade-offs to executing four acquisitions in his first year. Pascal shares invaluable lessons on structuring deals, managing high-cost debt, and the realities of scaling through acquisitions. He also explains how his experience as a VC has shaped his unique approach to investing in and operating SaaS businesses.If you're interested in entrepreneurship, acquisitions, or building a portfolio of profitable SaaS companies, this episode is packed with insights you won’t want to miss.Please enjoy this conversation with Pascal Levy-Garboua., founder of Noosa Labs.----------------------------------------------Timestamps:00:00:00 - Introduction00:00:18 - A career in technology00:05:33 - Finding fulfillment: Enjoying work for the first time00:10:13 - Bootstrapping a business and key trade-offs00:13:34 - Completing four acquisitions in the first year00:18:53 - Key lessons from the first four acquisitions00:28:54 - What he would do differently if he could redo those acquisitions00:32:17 - Underestimating the challenges of the journey00:34:56 - Defining a North Star for capital allocation00:42:25 - Managing high-cost debt00:50:34 - Understanding what founders can’t or don’t want to do00:52:07 - Personal growth as an acquirer and investor00:54:02 - Typical deal structures and key considerations01:01:20 - How making 140 VC investments, including seven in unicorn companies, shaped Pascal as a SaaS investor----------------------------------------------Follow Mikk/PrivatEquityGuy on Twitter: https://x.com/PrivatEquityGuyPascal on Twitter: https://x.com/2pascThis podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.