Nathan Lenahan acquired an HVAC company with ~$1.2m in revenue for $400k. He's aiming to double sales in 2022 to $2.72m.
Themes from Nathan’s interview:
- The appeal of HVAC over other businesses in the trades
- All the numbers behind Nathan's acquisition
- Benefits of “buying small” in the SMB acquisition world
- High professional satisfaction for skilled trades
- Acquiring an HVAC business without industry knowledge
- The importance of first-rate customer care
- Leveraging multiple acquisitions to create a platform for easier home ownership
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