Sales and Acquisitions

Commercial Construction: Elevate the Industry

Episode 2: Sales and Acquisitions

Dave Procida, host of the new podcast series “Commercial Construction, Elevate the Industry” shares his experiences in all phases of commercial construction. His personal insight and interviews with industry leaders will help everyone from owner to intern, better understand the industry by seeing it through the eyes of those who continue to shape it. This powerful combination of real-life information will empower you to create your best path forward in the industry.

Episode 2 focuses on selling a commercial construction business. Dave walks you through the three basic types of exit plans. He discusses the reality of winding down a business and the pitfalls one will face. He then takes you through the nuances of an internal sale, one where management buys out the owner. On a subsequent podcast, Dave interviews experts in “Exit Planning” that does a deep dive into everything from grooming your staff to setting up a sale that will enable the company to do its business while offering the seller the best tax treatment on the proceeds.

The focus of Episode Two is on “external sales”, selling to a national company who is in your space. He discusses everything from the initial NDA to closing and beyond. He will walk you through the process, including the valuation of a typical business, due diligence done without interrupting your staff, potential reaction of your employees and clients, and life after the sale. Whether you are looking to sell your business, or are in a business being sold, this podcast will be a valuable resource.

Look at this podcast as an entertaining form of continuing education, on your schedule, from people who have been through it…. Together, we can “Elevate the Industry”.