How to Buy a $800k Clinical Trials Firm & Grow It to $3m
Acquiring Minds · Will Smith
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About this episode
How former management consultant Scott Whitt acquired and grew a small clinical trials business into the millions.Key points from Scott's acquisition:Triad was generating $850k in revenues & large 70% marginsScott acquired it in 2015 for 3.5x earningsUsed ROBS for part of the acquisition financingGrew revenues to $3m in 5 yearsPredicts business can grow to $6-7mReach Scott Whitt:[email protected] acquisition, Triad Clinical TrialsOfficial episode page & full show notes at AcquiringMinds.co:Buying a Clinical Trials Firm & Growing It to $3m