In this episode, we have the privilege of speaking with Chandler Reed, the Owner and CEO of Get Green NOI, a prominent commercial green energy contractor. Additionally, he is the Co-Founder of SMBootcamp, an esteemed education platform specializing in small-to-medium business (SMB) mergers and acquisitions.
Chandler shares his remarkable journey of acquiring Get Green NOI alongside his Partner in May 2021, shedding light on the intricacies of navigating distressed deals and the resilience needed to operate a challenging business. We delve into topics such as seller carry strategies, the art of finding partners and sellers, and the complexities of turning a distressed asset into a thriving venture.
Chandler’s entry into the industry is an inspiring tale of seizing opportunities. Upon being identified by Sam via Twitter, Chandler boldly embraced the chance for his first acquisition through a simple DM, despite his initial unfamiliarity with ETA and the M&A industry.
His rapid immersion into the world of purchasing, operating, and expanding small businesses has equipped him with invaluable insights. Throughout our conversation, Chandler reflects on the experience of acquiring a project-based construction business and candidly discusses the associated challenges and rewards. Furthermore, he shares crucial lessons learned regarding the risks inherent in acquiring a business closely linked to interest rates.
This episode is a testament to the power of embracing unforeseen opportunities and navigating the uncharted terrain of entrepreneurship.
In this podcast episode, we discuss:
- Navigating distressed deals and the resilience needed to operate a challenging business.
- Seller Carry strategies
- The art of finding partners and sellers in SMB
- The complexities of turning a distressed asset into a thriving venture.
You can connect with Chandler Reed on Twitter: @ChandlerReedSMB
Additional Resources:
- Access our archive of video interviews on YouTube
- Checkout our upcoming Conference – https://malaunchpad.com/
- Get in touch with show hosts Casey Minshew and Feras Moussa at – info@equitylaunchpad.com
- Looking to invest in M&A opportunities or partner with an advisor to acquire, scale or sell your business? Visit Equity Launchpad