Josh Hyde

[Josh Hyde @Joshhydes]

@paulswaney3 Would be interested.

[Josh Hyde @Joshhydes]

@MikeBotkin_ Prestige is likely a benefactor of this scenario, and perhaps benefit even more if they had any rollover that was fairly marked.

This happens all the time.

[Josh Hyde @Joshhydes]

@MikeBotkin_ Why would they be pissed? Could potentially be the opposite.

LMC (or any strategic) being in market right now seeking a higher multiple likely allowed them to pay more for Prestige than LMC (or clearly other buyers) regularly would have been able to otherwise…

[Josh Hyde @Joshhydes]

@MarkGutman9 Didn’t get to fly first class, but would do it again in a second. Was a huge privilege I was fortunate to have.

Also, no one’s making anyone do this… in fact, there’s tens of thousands of people happily waiting next in line.

[Josh Hyde @Joshhydes]

@LanceTheobald The MO roots would say to tie a dead chicken to dogs neck and also ask for 15 new chickens or compensation, etc..

[Mike Hoffmann @MikeHoffmann]

I found a guy who goes around the US asking 70 to 100-year-olds their:

• Biggest Regrets
• Biggest Lessons
• Advice to their younger self

Oddly enough, most of their answers are the same…

Here are my top 8:

[Josh Hyde @Joshhydes]

@YourDealTeam Nice. The 2x at close caught my attention. That is serious downside protection.

[Josh Hyde @Joshhydes]

@LanceTheobald Man, the apple hasn’t fallen far!

[Josh Hyde @Joshhydes]

@lawyer4SMBs Because they’re plumbers and starting their own. Much more difficult for the outsider MBA, etc. to start their own when they can’t do the work themselves…

[Josh Hyde @Joshhydes]

@ClintFiore Maybe for an entrepreneur or small businesses, definitely not for institutional capital.

[Josh Hyde @Joshhydes]

@TickerSymbolYOU @HeroDividend Lol. Context, benchmark, choose the right one.

[Josh Hyde @Joshhydes]

@bentigg Local to Austin as well and just closed on an SMB, minding DMing info on the peer group?

[Josh Hyde @Joshhydes]

@nebraskabryce @shawngorham Taxes my friend and having to work to earn.

[Josh Hyde @Joshhydes]

@exceptionalfood @texasrunnerDFW Opposite.

[Josh Hyde @Joshhydes]

@thomasince @bpalm02 @MikeBotkin_ @Adrian_Pinto2 Let it be known that comment was made jokingly and with lots of love!

[Josh Hyde @Joshhydes]

@RobKufel @bentigg You might be surprised how frequently they do trade for those multiples - and more. Most commonly by PE platforms or other strategic buyers. It happens, a lot. I can’t tell you how many deals we have been beaten on that fit this.

[Josh Hyde @Joshhydes]

@LouStagner I wouldn’t either!

[Josh Hyde @Joshhydes]

@bentigg Nice. All too familiar!