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New Podcast: The Roll-Up Strategy Behind a $20 Million Revenue Language Services Business
An interview with Jordan Evans
Hello SMB Deal Hunters!
I’m excited to share a new interview with Jordan Evans, an entrepreneur who is rolling up language services businesses.
Jordan has made 5 acquisitions since 2018 (with more to come) and his company is now on a $20M/year revenue run-rate.
Previously, Jordan worked for early-stage startups while trying to build side hustles in e-Commerce and SaaS without success.
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.
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Here's what one member shared this past week:
INTERVIEW
In the interview with Jordan, we discuss:
Why the language services industry is the biggest industry nobody has heard of (and is growing 7-10% a year)
Jordan’s first acquisition—his parents' 30-year-old language services business
How Jordan doubled the business organically in the first 12 months (even though they lost their largest customer)
Financing multiple acquisitions without any outside capital
Jordan's decision to force the team to go completely remote
How hiring 50% of his team from abroad has added a lot of momentum
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 😳
Enter SMB Diligence.
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!
-Helen Guo
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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.