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How to Recover from a Fraudulent Seller

How to Recover from a Fraudulent Seller

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Register for the webinar:

  • Deal Structuring Under the New SBA Rules - TODAY May 8th - https://bit.ly/4jFLpX2

Jason Jackson thought he bought a $1.5m SDE dental practice. In fact, the business was losing money & engaging in fraud.

Topics in Jason’s interview:

  • Value of pattern recognition in business
  • Missing fraud despite $400k of due diligence
  • Turning around a business with negative EBITDA
  • When to fire a top performer
  • Fixing a broken work culture
  • Why he decided not to sue the seller
  • Hands-on learning in every role
  • Changing their revenue model during Covid
  • Focusing on cash, culture, and communication
  • Why his investors were thrilled with a 2x return

References and how to contact Jason:

  • LinkedIn
  • Jason’s partner Olaide Lawal
  • Futaleufu Partners
  • The Manager’s Handbook by David Dodson

Get complimentary due diligence on your acquisition's insurance & benefits program:

  • Oberle Risk Strategies - Search Fund Team

Get a free review of your books & financial ops from System Six (a $500 value):

  • Book a call with Tim or hello@systemsix.com and mention Acquiring Minds

Learn more about Walker Deibel's done-with-you buy-side advisory:

  • The Acquisition Lab

Connect with Acquiring Minds:

  • See past + future interviews on the YouTube channel
  • Connect with host Will Smith on LinkedIn
  • Follow Will on Twitter

Edited by Anton Rohozov
Produced by Pam Cameron

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