ATI Restoration, the largest family-operated restoration firm in the U.S., acquired ProCare Solutions and Lang Restoration & Construction at the end of 2021. This Ask the Expert episode brings leaders from all three businesses together to share both acquisition stories and lessons learned.
In part five of the "7 Lessons Learned from $500 Million in Restoration Transactions" series, Gokul Padmanabhan discusses the letter of intent, must-have clauses and how to ensure your exclusive agreement with the buyer leads to a favorable transaction.
Gokul Padmanabhan unpacks one of the key lessons he has learned over 15 years and $500 million in restoration business transactions. He explores time and how important it is in getting a deal done. "Time is not your friend," Padmanabhan says. He also overviews six additional lessons he has learned about restoration transactions.
In this installment of “7 Lessons Learned from $500 Million in Restoration Transactions,” Gokul talks about identifying what is important and understanding the leverage you have as you sell your business.
Gokul Padmanabhan predicts the tidal wave of restoration mergers and acquisitions will continue for the next four to five years as more Baby Boomers look to retire and sell their businesses. However, he sees a big opportunity gap that not enough restoration business owners are seizing on.
In a repeat of our hot-topic video, "The #1 Mistake Owners Make in Selling a Business," industry expert Gokul Padmanabhan lays out the primary mistake costing owners as they plan their exit strategy.
In the third installment of Seven Lessons Learned from $500 Million in Restoration Transactions, Gokul Padmanabhan discusses the important information required to complete the extensive process of due diligence.
Even if you don’t believe millennials are ready for the business of restoration, realize that they are already opening businesses and that many restorers are retiring. Consider millennials your peers and help the industry transition well into the future by helping them to succeed in business.
In his second video in the series, Seven Lessons Learned from $500 Million in Restoration Transactions, industry expert Gokul Padmanabhan discusses the importance of competition in getting the best terms and price for your restoration business.
In his new series, Gokul Padmanabhan reviews seven important takeaways from over 14 years and $500 Million sold in the restoration space. Here he overviews all seven lessons and dives into lesson one, “time is not your friend.”
