SZN1: The Starting Point in Acquisitions with Matthew Nix, 376

How do you increase your capacity, make more chips, and bring on new clients without buying a new machine or pitching yourself to a single end user? Buying a company. Acquisitions are a large part of how we’ve all built our companies. But how do you start acquiring companies? Why would you want to? 

In this episode of MakingChips, Adam Schmitt—the Managing Partner of ProFab Alliance—joins Jason, Nick, and I (Matthew Nix) to dive into the starting point of acquisitions. Because if you’re not making acquisitions, you’re not MakingChips, and if you’re not MakingChips, you’re not making money. BAM!

– Matthew Nix

Segments

• [3:43] Manufacturing News: Trade School Programs
• [9:39] Why should you make acquisitions? 
• [16:04] How should you look for acquisitions? 
• [23:35] Buyout conversations gone wrong
• [26:39] Why you need to pay attention to due diligence

Resources mentioned on this episode

• FabTech
• Adam Schmitt
• ProFab Alliance
• Trade School Programs Thrive Amid Overall College Enrollment Decline

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