Helgeson: SBA business acquisitions should base-case a 100% return on equity
Xavier Helgeson · Building a Mini Berkshire Hathaway · Sep 1, 2022 · at 51:06
Xavier Helgeson, co-founder of Enduring Ventures, explains underwriting targets and expected return on equity for leveraged small business acquisitions.
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“You should really underwrite a hundred percent equity returns when you do one of these. And that should be a very, that should be a base case. That's like growing the business 10% a year.”
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