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cover of episode Ep. 126 Getting A Second Bite Of The Apple

Ep. 126 Getting A Second Bite Of The Apple

2018/2/2
logo of podcast Built to Sell Radio

Built to Sell Radio

Shownotes Transcript

Richard Manders co-founded iAutomation and built it up to $12M before deciding it was time to recapitalize. Manders sold 75% of his company for almost 8 times EBITDA to a Private Equity (PE) and held 25% interest in the company after the sale.