Chris Pitts
Who is the Founder of the Olin ETA Club.
Investor Protections
What is a set of rules around what decisions need investor approval before implementing
Private Equity Firm
What is a firm that raises capital to take equity stakes in other companies.
Sticky Revenue
What is often referred to as revenue that requires little ongoing sales effort
Bruce Marks
Search Fund
What is an investment where investors provide capital to acquire a business
M&A
What are mergers and acquisitions.
Fragmented Market
What is a market with many smaller competitors versus a market with a few large competitors
Al Ludwig
Who is the M&A Practice Group Leader for Lewis Rice Law Firm.
SBA
What is the small business administration.
BizBuySell
What is a popular website listing small businesses for sale.
Due Diligence
What is the evaluation process behind confirming key parts of the business
Jim Edmunds
Who is a Stanford GSB alum and part of Search Fund Partners.
Business Broker
Who is a person who acts as an intermediary broker between business buyers and business sellers.
Seller Financing
What is when the seller offers direct financing bypassing banks
ETA
What is ENTREPRENUERSHIP THROUGH ACQUISITION!
Mike Mazzeo
Who is the Dean of Olin Business School.
SDE
What is Seller's Discretionary Earnings the total pre-tax cash flow benefit to the owner.
LOI
What is a letter of intent
EBIDTA
Earning before interest, taxes, depreciation and amortization