Acquiring Minds
Trailer
Bonus
Episode 164
Season 1
How One Tiny Acquisition Grew Into a Holdco
Matt Huggins bought a small water & cable utility doing $200k/year. 15 years later, his holdco is on track for $20m/yr.
Topics in this interview:
- Matt's decision to step off the academic track
- Matt's career as a professional online poker player
- Transitioning from poker to small business
- Acquiring a utilities company for a group of condos
- The surprising complexity of running a utilities company
- Starting a manhole lining business
- The stability and diversity of the water industry
- Acquiring businesses from retiring owners without needing capital
- The value of a fractional CFO
- The reward of helping employees
References and how to contact Matt:
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