Episode 64 – Deal Fatigue – Seller’s Last Few Weeks
Andy and Doug discuss Deal Fatigue and how it impacts the seller in the two to four weeks leading to closing day.
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Andy and Doug discuss Deal Fatigue and how it impacts the seller in the two to four weeks leading to closing day.
truLOCAL was acquired in 2020 for an eight-figure sum. Not bad. The owners bootstrapped the business with $40,000 of their own money to start.
The story of a recent closing involving competitors and how additional Non-Disclosure Agreements were crucial in getting the deal done.
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Deal fatigue is defined as negative feelings around a transaction that, in the worst case, can lead to the deal blowing up or not happening.
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An industry that looked broken to Ron was residential cleaning. He saw a fragmented landscape with lots of mom and pop operators.
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