See we're a small company, but I'm pushing the boss to acquire a small company locally which would allow us to really amplify our estimation and bidding abilities. Seems like we might hit up a small boutique shop here in Dallas or even nationally.

Really pushing the 'ascend by acquiring' or 'build by buying' strategy to my boss.

"It is better to have a friendship based on business, than a business based on friendship." - Rockefeller. "Live fast, die hard. Leave a good looking body." - Navy SEAL
 
Best Response

lawyer who will do it at a fixed fee schedule rather than hourly.

edit: sorry, I read that as you already identified a target, not that you're looking for acquisitions. If you're looking for companies in that range reach out to all of the business brokers and local boutique IB's. Don't engage them per se, just ask what they have and tell them what you're looking for and say you're actively looking. In that range, however, you and your boss are probably the best source for deals especially if you're looking at a more local level (i.e. if you're in Dallas there's no reason looking for estimators in Seattle so you probably know who's good in your area). Look at who you do business with, competitors, etc. and start talking to them. Let your industry network quietly know that you're looking for acquisitions. If you're looking how to finance them, that's a more in depth discussion.

 

This is exactly what I needed. Thanks Dingdong.

Wish I could SB more than once.

"It is better to have a friendship based on business, than a business based on friendship." - Rockefeller. "Live fast, die hard. Leave a good looking body." - Navy SEAL
 

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