SecretSearcher

Spent most of career at PE backed PortCos. 2x successful exits. Offloaded all assets into a SLAT and swinging for the fences. Here to roll up.

[SecretSearcher @Secretsrchr]

@Sam_Rosati @guessworkinvest I get the cartoon, but would you advise that people use service Titan? It seems like that is the unquestionable option for your potential acquirer… why would you not implement a day one?

[SecretSearcher @Secretsrchr]

@trevor_rose_ @trend_bullish You are not supposed to weather storms. You must be the Buffalo and charge into the storm!!!! Andddddd I’m bankrupt

[SecretSearcher @Secretsrchr]

@Sam_Rosati @guessworkinvest It's private?

[SecretSearcher @Secretsrchr]

@Mia_Miller098 @Will_Schryver It's a 10+ year relationship. Not really. That relationship is with the seller and if it terminates, the business is cut in half.

[SecretSearcher @Secretsrchr]

Evaluating an HVAC business ($1.1MM EBITDA) where a big chunk of revenue (40%) flows through a Costco partnership. How do you price in that channel concentration risk — multiple discount, earnout, holdback? Curious how others have structured it. #SearchFund #HVAC @Will_Schryver @WilsonCompanies

[SecretSearcher @Secretsrchr]

@therobertbrooks Right when the ETA crowd is starting to thin out….you go and post something like this…

[SecretSearcher @Secretsrchr]

@JD_DeYonker @Adrian_Pinto2

[SecretSearcher @Secretsrchr]

@toph_edwards Congrats. 🎉

[SecretSearcher @Secretsrchr]

@ShaleTier7 @clintbarnette lol. This takes me back.

[SecretSearcher @Secretsrchr]

@Will_Schryver Hargrove swept through my neighborhood after a storm and was absolutely on point and crushed. It was impressive.

[SecretSearcher @Secretsrchr]

@trevor_rose_ Is that the OAS board room? So much value destroyed there!

[SecretSearcher @Secretsrchr]

@tedcruz Sound like Commanche

[SecretSearcher @Secretsrchr]

@BoringBiz_ 100%. More curios what it does to big law / billing $ for young associates

[SecretSearcher @Secretsrchr]

@OneManLBO Lol

[SecretSearcher @Secretsrchr]

@sourcesandmuses @BuySellSMB @SBA_Matthias 2021: “Internal”

[SecretSearcher @Secretsrchr]

@moseskagan @fortworthchris Great post lol.

[SecretSearcher @Secretsrchr]

@markbdelaney Good and do it. The problem is I have seen very few sub $500,000 “SDE” deals that actually have any SDE. In fact, I don’t think I’ve ever seen one. Almost all of them are basically 0 with a bunch of bullshit addbacks .

[SecretSearcher @Secretsrchr]

I just got access to a data-room and for some reason I can see who else has access to the DR and their last log-in.....10 people and the original group hasn't logged in for a month. Classic. Business is also priced at 1.25x goal seek. 😍🤣

[SecretSearcher @Secretsrchr]

@tom_sietsema Congrats Tom!!