White Collar Roll-Up from $700k to $12m

July 29, 2024
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lue collar, trades businesses get so much attention in our world of buying businesses.

HVAC, plumbing, landscaping — you've heard many such stories on Acquiring Minds.

But today's interview is with an entrepreneur who bought a white collar business.

In 6 years, he's taken a small 4-person, $700k/yr business to $12m in annual revenue, growing it both organically and inorganically with 3 bolt-ons.

Jordan Evans & the Language Network team
Jordan & team at a retreat in Cancún

Jordan Evans bought a language services business from his parents — another interesting angle of the story we spend time on.

You may be intrigued, as I was, by the language industry. It's bigger than you think, and "everywhere but nowhere," as Jordan describes it.

So this is a great interview for anyone who hears the blue-collar business buying stories but just can't imagine themselves in such a business.

This is the story of a white-collar roll-up.

It's also the story of someone who bought a very small business, had to pound the pavement in the early days to generate sales (delivering donuts himself to prospects), but figured that out and acquisition out, and is today having a blast building his way toward $40m in revenue.

Here's Jordan Evans, owner of Language Network.

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White Collar Roll-Up from $700k to $12m

Jordan Evans left tech & bought a tiny, decades-old language services business. 6 years later, revenue is 17x larger.

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Key Takeaways

Introduction

Listen to the introduction from the host
B

lue collar, trades businesses get so much attention in our world of buying businesses.

HVAC, plumbing, landscaping — you've heard many such stories on Acquiring Minds.

But today's interview is with an entrepreneur who bought a white collar business.

In 6 years, he's taken a small 4-person, $700k/yr business to $12m in annual revenue, growing it both organically and inorganically with 3 bolt-ons.

Jordan Evans & the Language Network team
Jordan & team at a retreat in Cancún

Jordan Evans bought a language services business from his parents — another interesting angle of the story we spend time on.

You may be intrigued, as I was, by the language industry. It's bigger than you think, and "everywhere but nowhere," as Jordan describes it.

So this is a great interview for anyone who hears the blue-collar business buying stories but just can't imagine themselves in such a business.

This is the story of a white-collar roll-up.

It's also the story of someone who bought a very small business, had to pound the pavement in the early days to generate sales (delivering donuts himself to prospects), but figured that out and acquisition out, and is today having a blast building his way toward $40m in revenue.

Here's Jordan Evans, owner of Language Network.

About

Jordan Evans

Jordan Evans

Show Notes

Jordan Evans left tech & bought a tiny, decades-old language services business. 6 years later, revenue is 17x larger.

Topics in Jordan’s interview:

  • Acquiring his parents’ language services business
  • Spending 2 years preparing the deal
  • Overpaying for a 180k SDE business
  • Doubling the businesses through organic growth
  • Pros and cons of seller notes
  • “We’re buying a bucket of people and problems”
  • Bolting on language companies as a growth strategy
  • How fast they integrate newly acquired businesses
  • Opportunities for white-collar rollups
  • Growing from 4 to 42 employees

References and how to contact Jordan:

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