How We Bought 14 Businesses and Built a $30M HoldCo in 6 Years | Joe Van Deman and Colin King Interview
How We Bought 14 Businesses and Built a $30M HoldCo in 6 Years | Joe Van Deman and Colin King Interview  
Podcast: Buyers and Builders
Published On: Thu Jan 02 2025
Description: Meet Joe Van Deman and Colin KingFounders of Circle City Capital Group. Starting with a small amount of savings and an SBA loan, over the past six years, they’ve made 14 acquisitions that have been consolidated into 4 companies, employing a total of 200 people.A combined $30m of revenue.----------------------------------------------Timestamps:00:00:00 - Intro00:00:55 - How Joe and Colin met and what they did before their first acquisition00:07.32 - Quitting their jobs to start a 50/50 partnership with a "stranger"00:12:29 - First acquisition00:20:33 - Second acquisition00:24:45 - The industries and companies they are looking at00:32:55 - Current portfolio and deals made so far00:41:42 - How they manage a portfolio of 10+ companies00:49:31 - How they survived the hard times00:57:13 - Post acquisition and learning the specifics of the industry/field within 90 days00:59:44 - Salary, paying dividends or reinvesting the profits01:01:05 - Thoughts on the next acquisitions-----------------------------------------------Follow Mikk/PrivatEquityGuy on Twitter: https://x.com/PrivatEquityGuyColin on Twitter: https://x.com/valuedontlieJoe on LinkedIn: https://www.linkedin.com/in/joevandeman/This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.