In this episode of the M&A Launchpad Podcast, hosts Casey Minshew and Feras Moussa interview JD Beck, a successful entrepreneur in the plumbing and HVAC industry. JD, a graduate from the University of Alabama with an electrical engineering degree, went straight to the army after college. After the army, JD spent time in the corporate world before discovering the world of business acquisitions. In 2022, JD stumbled upon Mountain Valley, a local plumbing and HVAC business, which he then acquired for an incredible price. JD continues to lead and operate Mountain Valley, while simultaneously acquiring other businesses in the space.
JD discusses the challenges he faced during his transition, including the acquisition of Mountain Valley Plumbing, operational changes, and the importance of building a high-performance team. J.D also emphasizes the significance of effective pricing strategies and the role of business brokers in finding opportunities. He discusses the challenges of his first deal compared to subsequent ones, the strategies he employed to evaluate businesses, and the significance of networking through platforms like Twitter. JD also reflects on personal growth and leadership changes within his company, outlining his future goals for expansion and profitability.
In this podcast episode, we discuss: · HVAC & Plumbing Industry · Improving Operations in the First Year · Due Diligence in an Acquisition
You can connect with JD by X (Twitter) or Email: @dirtyhandsops or jd@mtnvalleyplumbing.com
Additional Resources: · Access our archive of video interviews on YouTube · Get in touch with show hosts Casey Minshew and Feras Moussa at - info@equitylaunchpad.com · Looking to invest in M&A opportunities or partner with an advisor to acquire, scale or sell your business? Visit Equity Launchpad at https://equity-launchpad.com/
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