This week Randy is joined by JT Tounge of Tounge Associatesto explore the world of mergers and acquisitions. Discover how baby boomer retirements are driving business sales, especially in the energy sector. JT shares insights from his unique journey from West Point to working in M&A alongside his father. This episode is packed with valuable advice for business owners contemplating an exit strategy and offers a fascinating look at the personal stories behind business transitions. Perfect for entrepreneurs and industry professionals seeking practical tips and inspiration.
00:00 Introduction and Welcoming JT
00:13 The Baby Boomer Business Exodus
01:15 Background of Townes Associates
04:03 JT's Energy Industry Experience>
05:44 Consolidation in the Energy Sector
09:38 The M&A Process and Challenges
19:17 Personal Stories and Successes
22:04 JT's Military Background and West Point Experience
30:31 Advice for Entrepreneurs and Final Thoughts
EPISODE LINKS
Tounge Associates Website: www.toungeassociates.com
JT’s Instagram: @jt_tounge
PODCAST LINKS
🍏 Apple Podcasts: https://apple.co/45sscBj
🎵 Spotify: https://spoti.fi/3swOZNI
📺 YouTube: https://bit.ly/3YSh661
CONNECT
Facebook:www.facebook.com/therandyforcierpodcast
Instagram:www.instagram.com/therandyforcierpodcast
MUSIC
Music from #Uppbeat (free for Creators!) https://uppbeat.io/t/trinity/sky-high
License code: I8PSNL88QYB60D2D
SPONSORED BY
Randy Forcier
Loan Officer
NMLS 322749
CMG Home Loans
9 Beach St, 2nd Floor
Saco, ME
04072
207-590-0337
rforcier@cmghomeloans.com
