Michael Girdley (@Girdley) and Mills Snell (@thegeneralmills) talk about a Legal Technology Provider. What makes this a great teaser? We dig into this deal to find the catch; why are we the lucky buyers? Is there a case for a strategic? Could you aim to build rather than buy it?

Company: Legal Technology Provider Opportunity Review

Location: United States

Stated Financials: 2022 Sales $ 7mm | 2022 Adjusted EBITDA $2.4mm

Asking Price: Contact the broker

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Show Notes:

(00:00) - Introduction

(00:49) - Our Sponsor is CloudBookKeeping.com

(04:23) - Deal & financials: Legal Technology Provider

(08:17) - What do we like?

(09:37) - If EBITDA is BS earnings, what is adjusted EBITDA?

(11:52) - What is the catch with this recurring income?

(14:43) - Is there a strategic buyer for this business?

(15:09) - What is @girdley’s pain-in-the-a** factor theory?

(17:57) - What is the most interesting part of this teaser?

(18:24) - What are the dynamics you will face if you want to purchase a business like this?

(20:04) - Why does this business still have a bizarre dynamic?

(25:14) - Where will you find the best value in today’s market?

(26:55) - Send over some Deals!

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#162 - Cleaning up crime scenes for big money!
#161 - How to spot red flags in eCommerce listings?

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A legal tech business doing $7mm a year - Acquisitions Anonymous episode 166 28:15 Share

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A legal tech business doing $7mm a year - Acquisitions Anonymous episode 166