• The Appeal (and Risk) of Buying a Consulting Firm

  • Mar 10 2025
  • Length: 1 hr and 31 mins
  • Podcast

The Appeal (and Risk) of Buying a Consulting Firm

  • Summary

  • Register for:

    • Employee Issues & Non-Competes When Buying a Business - Thu March 13 - https://bit.ly/3F6dasG

    • The live Q&A with Nick on March 25th: https://bit.ly/3DoZfgD


    Industry outsider Nick Munsee bought a traffic engineering firm for a good price, carefully de-risking the acquisition.

    Topics in Nick's interview:

    • Managing from out of state
    • The white whale: a deal that almost happened
    • Lessons from a failed acquisition
    • Finding Hales Engineering
    • Understanding the traffic consulting business
    • Navigating lender challenges
    • Incentivizing key employees
    • Challenges in consulting business growth
    • Project-based revenue insights
    • The abrupt customer hand-off

    References and how to contact Nick:

    • LinkedIn
    • Hales Engineering
    • nick@saltbros.co

    Work with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:

    • Matthias Smith of Pioneer Capital Advisory

    Get complimentary due diligence on your acquisition's insurance & benefits program:

    • Oberle Risk Strategies - Search Fund Team

    Get a free review of your books & financial ops from System Six (a $500 value):

    • Book a call with Tim or hello@systemsix.com and mention Acquiring Minds

    Get $200 off your ticket to the M&A Launchpad Conference in Houston on May 3rd:

    • https://www.malaunchpad.com & enter code ACQUIRINGMINDS

    Connect with Acquiring Minds:

    • See past + future interviews on the YouTube channel
    • Connect with host Will Smith on LinkedIn
    • Follow Will on Twitter

    Edited by Anton Rohozov
    Produced by Pam Cameron

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