How We Bought 14 Businesses and Built a $30M HoldCo in 6 Years | Joe Van Deman and Colin King Interview

Meet Joe Van Deman and Colin King
Founders of Circle City Capital Group. Starting with a small amount of savings and an SBA loan, over the past six years, they’ve made 14 acquisitions that have been consolidated into 4 companies, employing a total of 200 people.
A combined $30m of revenue.
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Timestamps:
00:00:00 - Intro
00:00:55 - How Joe and Colin met and what they did before their first acquisition
00:07.32 - Quitting their jobs to start a 50/50 partnership with a "stranger"
00:12:29 - First acquisition
00:20:33 - Second acquisition
00:24:45 - The industries and companies they are looking at
00:32:55 - Current portfolio and deals made so far
00:41:42 - How they manage a portfolio of 10+ companies
00:49:31 - How they survived the hard times
00:57:13 - Post acquisition and learning the specifics of the industry/field within 90 days
00:59:44 - Salary, paying dividends or reinvesting the profits
01:01:05 - Thoughts on the next acquisitions
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Follow Mikk/PrivatEquityGuy on Twitter: https://x.com/PrivatEquityGuy
Colin on Twitter: https://x.com/valuedontlie
Joe on LinkedIn: https://www.linkedin.com/in/joevandeman/
This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.
Information
- Show
- FrequencyUpdated Weekly
- PublishedJanuary 1, 2025 at 10:00 PM UTC