American Operator

“So there's always a co-invest requirement. We make it material to them. It may not be material to the larger deal. It's on the smallest and normally it's around 15,000 dollars. It scales up based on the size of the business and kind of the background of the op…”

“And so oftentimes we're buying these at, you know, anywhere from four to five times multiples.”

“We've now parachuted him as the operator for Greenway Painting, which is based in Jackson, Wyoming. Our friends at Fox News recently did a piece on it, and the really cool part there is he's drawing around a hundred K base salary today, and he has 10% ownershi…”

“Take some of the businesses that we've worked with just in the past couple of weeks, they're spitting off millions of dollars in cashflow. Normally most of the family is drawing a W two from the business, even if they're not necessarily working. And then you h…”

“Today at American operator, I'd say around a third of the time we're backing an internal successor. Maybe someone who's a VP, a general manager, a crew lead, help them become an owner. Two thirds of the time, they may not have that person internally. Maybe the…”

“As they build up that ownership, it typically takes around five to seven years to become majority owner. Using that formula, it accelerates once we've repaid the debt on the business. So maybe you're just getting another two to five points of equity for the fi…”