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New Podcast: How This Entrepreneur Is Buying and Building a Portfolio of SaaS Businesses

An interview with Kjael Skaalerud

Today's Sponsor

Hello SMB Deal Hunters!

I’m excited to share a new interview with Kjael Skaalerud, a former PE operating partner who is now buying and building a portfolio of SaaS businesses.

Today's issue is sponsored by SMB Diligence, the platform I helped start for matching business buyers with vetted legal counsel and Quality of Earnings providers.

ICYMI

I’m hiring another M&A advisor to join the SMB Deal Hunter team to support the clients in our business buying program. Read the full job description here.

If you’re interested in the role, email your resume and cover letter to [email protected].

WORK WITH ME

Want me to work with you to source on and off-market deals, mentor you through closing your first acquisition, and introduce you to investors?

INTERVIEW

In the interview with Kjael, we discuss:

  • Niche SaaS industry verticals that Kjael’s excited about

  • Kjael's first acquisition, a business management suite for event-based creatives (i.e. wedding photographers, DJs, etc.)

  • The 5 metrics in Kjael looks for in his initial screening

  • Kjael‘s 77-point diligence checklist for SaaS businesses

  • How Kjael leveraged an SBA loan to buy his first SaaS business

  • How Kjael structured his first deal with investors to help him cover the down payment

And more!

PRESENTED BY SMB DILIGENCE

Here’s Why You Shouldn’t Skip Due Diligence…

A friend of mine put a business under LOI and asked me for my advice.

I recommended he contract a 3rd party due diligence partner to rebuild the company's P&L from scratch.

Turns out their EBITDA was off by 2x 😳

SMB Diligence is the platform I helped start for matching business buyers with vetted diligence providers, from M&A lawyers to Quality of Earnings providers.

Their network of experts has worked on hundreds of small business transactions (including many from the SMB Deal Hunter community).

COMMUNITY PERKS

Want to invest passively in SMB acquisitions? Get access to investment opportunities.

Get a personal introduction to my preferred SBA 7(a) lender, non-SBA lenders, Quality of Earnings providers, or legal counsel

Raising capital for your deal? I’ll connect you with investors from the SMB Deal Hunter Community.

Interested in selling your business? I’ll help you connect with buyers from the SMB Deal Hunter Community.

THAT’S A WRAP

Want me to interview you for my podcast? Hit reply.

See you tomorrow with some new deals!

P.S. I'd love your feedback. Tap the poll below or reply to this email.

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Disclaimer

This publication is a newsletter only and the information provided herein is the opinion of our editors and writers only. Any transaction or opportunity of any kind is provided for information only; SMB Deal Hunter does not verify nor confirm information. SMB Deal Hunter is not making any offer to readers to participate in any transaction or opportunity described herein.