Barber: Cohesive Capital acquired airport snow melter Dijana doing $25M EBITDA
John Barber · John Barber – The Art of Co-Investing at Cohesive Capital (Manager Meetings, EP.31) · May 19, 2022 · at 29:31
John Barber, founder and managing partner of Cohesive Capital, highlights acquiring unglamorous, highly profitable niche businesses.
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“We bought a company from a seventy-seven-year-old man in Port Washington, Long Island, called Dijana, now called Outworks. And his company plowed the snow and then melted that snow with proprietary melters at seven of the nine snowiest airports in America. And he made, at the time, twenty-five million dollars of EBITDA.”
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