Steve Divitkos

Founder of Mineola Search Partners, a firm that invests in Search Funds, the entrepreneurs who run them, and the companies that they acquire.

[Steve Divitkos @divitkos]

@patrick_oshag Brad Jacobs and Jeremy Giffon

[Steve Divitkos @divitkos]

@patrick_oshag @colossusmag Pulak Prasad

[Steve Divitkos @divitkos]

CEOs want to spend more time working *on* their business than working *in* their business. But how realistic is it for a SMB CEO, especially a new one? That's the topic of discussion this week with Jim Schleckser, author of the book "Great CEOs Are Lazy": https://t.co/QPQUc3u2wZ

[Steve Divitkos @divitkos]

While the ETA ecosystem has worried – seemingly for over a decade now – about the possibility of PE firms moving down market, it’s interesting to ask whether the inverse may now be happening, at least to a certain extent: Are Search Funds moving up market? https://t.co/4IHtGpVnUm

[Steve Divitkos @divitkos]

Crafting a truly effective incentive compensation plan is simultaneously one of the most difficult & important tasks that leaders of #SMBs face. This week, we tackle the 7 most common challenges leaders face in their attempts to reward desired behaviors

https://t.co/0qjsnP7DkI

[Steve Divitkos @divitkos]

I implemented EOS in my company in 2015, and we leaned on it heavily through to our exit in 2020. Based on that experience, this week we tackle the most common FAQs received from others also considering the implementation of an operating system. Enjoy!

https://t.co/DDkLB0gThc

[KUMO | withkumo.com @withkumo_]

This week on SMBX:

1. “A Four-Part Framework for Evaluating Small Business Acquisitions” from @divitkos

2. 💡 How ETA operators could capture the rollup upside without VC from Nick Bryant

3. Practical look at Form 8594 and Purchase Price Allocation (PPA) in asset sales from @withkumo_

4. If seller transition matters, put it in the purchase agreement from @Eli_Albrecht

5. Year-End Recap: What it actually cost to run a home services business in 2025 @WilsonCompanies @OwnedxOperated @thehvacjack

https://t.co/zXUaKVcTWv

[Steve Divitkos @divitkos]

@davidsenra I am a big podcast junkie, and this was an all-timer of an episode.

[Steve Divitkos @divitkos]

Achieving "tail" outcomes isn’t necessarily the result of taking unduly risky bets. While risk & return do tend to be inversely correlated, one shouldn’t assume that high risk bets suggest the opportunity for higher rewards. Sometimes, risky is just risky. https://t.co/7iqXSXw2vw

[Brian Halligan @bhalligan]

Pet peeve: when folks don’t do double opt-in introductions. 👿

[Steve Divitkos @divitkos]

@thesamparr Love this

[Steve Divitkos @divitkos]

@patrick_oshag @GrahamDuncanNYC Among many other things to like, my favorite thing about this product is that it is NOT on a screen.

[Steve Divitkos @divitkos]

The process of searching for, acquiring, & operating a #SMB is changing: Those who don’t know how to harness the power of AI may find themselves quickly falling behind those who do. To explore this, I spoke with Geoff Woods, author of The AI-Driven Leader
https://t.co/f78B3zQHWq

[Steve Divitkos @divitkos]

@CTW_SMB Immediately after closing, what the Seller wants from the Searcher (namely transaction proceeds) has largely been received. What the Searcher needs from the Seller (context, introductions, help, etc.) hasn’t even yet begun. Proceed accordingly.

[Steve Divitkos @divitkos]

@litcapital Today’s solutions create tomorrow’s problems

[Steve Divitkos @divitkos]

Today’s pod is targeted specifically towards those who are considering the acquisition of a #software company. Specifically, we discuss how to uncover the amount of #TechnicalDebt any given target company may possess within their code base. Pls enjoy!

https://t.co/iOsiSHFQfe

[Steve Divitkos @divitkos]

I am excited to announce the first close of Mineola’s second fund, which will again be investing in Search Funds and the small businesses that they acquire across North America. https://t.co/1V0VuDgbAh

[Steve Divitkos @divitkos]

Stress, Panic Attacks, Debilitating Anxiety, and a $170M Exit: iContact Founder Aaron Houghton, this week on In The Trenches

https://t.co/A0IoOidtuV

[Steve Divitkos @divitkos]

This movie was excellent. And the book is even better.

[High Yield Harry @HighyieldHarry]

Highly underrated business movie btw

[Steve Divitkos @divitkos]

This week, I was lucky enough to speak to Rob Markey, the *creator* of the widely-used Net Promoter (or "NPS") Score, and a longtime partner at Bain & Company, where he founded and leads their Global Customer Strategy practice. What a treat!

https://t.co/2HrSnmQMMM