Neil Mehta built Greenoaks Capital into one of the most successful — and secretive — investment firms in the world. While most VCs chase hype, Neil built a reputation for radical focus, long-term thinking, and doing his own diligence. In this solo research episode, I break down what holdco builders, private equity investors, and traditional busines…

My guest today is Nick Huber — entrepreneur, investor, and creator behind a $30M+ holding company spanning real estate, service businesses, and media. In this episode, we dive deep into how Nick allocates capital across multiple businesses, builds operationally lean teams, and balances short-term cash flow with long-term wealth creation. We explore…

My guest today is Nick Keegan, co-founder and CEO of Mail Metrics, a company helping highly regulated industries—like banks, insurers, and pension providers—communicate more effectively with their customers. Nick started Mail Metrics in 2013 at just 24 years old, after serving 11 years in the Irish Defence Forces. It took 7 years to reach €1M in re…

In this special episode, I share transformative insights on the power of networks, heavily inspired by the wisdom of Alix Pasquet, a Managing Partner at Prime Macaya Capital Management. I dive into his framework for understanding how your network acts as both a critical competitive moat and a vital margin of safety in investing and business. Key to…

My guest today is Yuen Yung, Founding Partner at HalBar Partners, a firm focused on operator-led acquisitions. In just two years, HalBar and NCA ETA have closed 15 acquisitions totaling $270M in enterprise value, hitting their goal of 10 deals per year. We discuss: Yuen’s journey from immigrant roots to building HalBar The firm’s investment thesis,…

My guest today is Jesper Søgaard, co-founder and CEO of Better Collective — a global leader in digital sports media and sports betting information, with over 400 million monthly visits, 1,200+ employees, and 20 international offices. Founded in 2004, Better Collective has grown into a powerhouse through a disciplined mix of organic growth and over …

Meet Matthew Mathison – Co-founder and Managing Partner at MBL Partners, a firm building and investing in enduring, cash-flowing businesses. With a unique mix of Wall Street experience and entrepreneurial grit, Matthew shares how MBL identifies overlooked opportunities, partners with exceptional operators, and builds long-term value without chasing…

In this episode, I sit down with Pascal Levy-Garboua, a seasoned entrepreneur, investor, and the founder of Noosa Labs. After making 140 venture capital investments, including seven unicorns, Pascal shifted his focus to acquiring and scaling small, profitable SaaS businesses under Noosa Labs. His next goal? Building a $50 million ARR portfolio with…

In this show Dr. Jeremy Roberts, Sameer Khan, and show guest Jason Zimmerman discuss the role of AI in human authenticity and how to protect the human element. Key Points: AI is changing business, but authenticity is essential. Blind automation risks losing trust and connection. The goal: Balance AI efficiency with human influence. AI automates, an…

Meet Arie Scherson, co-founder of Bluedot Holdings, a fast-growing e-commerce and SaaS holding company with six portfolio businesses generating over $10 million in revenue. Arie started his journey as a YouTuber in his 20s, testing 15 different products before mastering Facebook Ads and scaling his first business. Through relentless experimentation…

In this show Dr. Jeremy Roberts, Sameer Khan, and show guest Jason Zimmerman discuss the role of AI in human authenticity and how to protect the human element.Key Points:AI is changing business, but authenticity is essential.Blind automation risks losing trust and connection.The goal: Balance AI efficiency with human influence.AI automates, analyze…

Jeremy Giffon is one of the most interesting minds in business that almost no one knows about. As a former analyst at Tiny Capital, he played a key role in acquiring and operating dozens of companies—while staying almost completely out of the spotlight. His insights on capital allocation, holding companies, and finding asymmetric opportunities have…

Bruce Marks is a seasoned lender who has closed over $400M in deals, helping over 1,200 entrepreneurs acquire businesses using SBA loans. As Senior VP at First Bank of the Lake, Bruce specializes in financing small business acquisitions, search funds, and lower middle-market M&A transactions. Bruce doesn’t just finance deals—he knows what makes a b…

In this episode, we dive into the world of serial acquisitions with Niklas Savas, an analyst at Redeye, who has a unique perspective on the Swedish serial acquirers' approach. Addtech AB: Over 150 companies, $1.5B in revenue, $150M in operating profit. Lagercrantz Group AB: Around 40 companies, $500M in revenue, $50M in profit Lifco AB: Over 100 co…

Today’s story is a huge reminder to not cancel out the troubled kid or the teen who doesn't have it all together. Just a down-to-earth success story (with all the drama, obstacles, grind and persistence for 90-min straight). Dustin Carreon’s journey is a testament to the power of reinvention and strategic thinking. He started with a business that h…

Ben Little runs the #1 Zaxby’s franchise in the U.S. His company owns 14 locations, employs over 800 people, and generates more than $50M in annual revenue. Ben didn’t just buy into a franchise—he built a powerhouse. In this episode, we dive into what makes a top-performing franchisee, Ben’s approach to scaling, and how he structures deals and fina…

Ryan Sullivan is a risk-conscious entrepreneur who stepped into business ownership in his late 40s, proving that it’s never too late to take the leap. As the co-founder of North Park Group, Ryan has been acquiring small legacy manufacturing businesses across the U.S., starting with a 100-year-old electrical component manufacturer in Wichita, Kansas…

Roman Khan is the co-founder of Peak21, a direct-to-consumer holding company that has scaled to an impressive $200 million in revenue—all while maintaining profitability. Together with his wife Jennifer, Roman has acquired 10 companies, building a diverse and thriving portfolio of DTC brands. In this episode, we dive into Roman’s entrepreneurial jo…

Christopher Hillier is a seasoned entrepreneur with over 15 years of experience in the employee benefits industry. He began his journey as the Co-Founder and President of Benefit Health Advisor, a full-service employee benefits brokerage based in Englewood, Colorado. In our conversation, we delve into Chris’s entrepreneurial journey, from starting …

Santino DeFranco is a former UFC fighter turned entrepreneur who has successfully transitioned from the octagon to the world of business ownership. Santino has acquired two companies: a Shell Gas Station with a Krispy Krunchy Chicken franchise and a restaurant hood cleaning business. In this episode, we dive into his journey from professional fight…

Meet Joe Van Deman and Colin King Founders of Circle City Capital Group. Starting with a small amount of savings and an SBA loan, over the past six years, they’ve made 14 acquisitions that have been consolidated into 4 companies, employing a total of 200 people. A combined $30m of revenue. ---------------------------------------------- Timestamps: …

Jason Andrew is the co-founder of a holding company Arbor Permanent Owners - team of operators and investors committed to growing businesses for the long-term. They just closed their fundraise and cornerstone deal: 40-year-old manufacturing business in the materials handling sector. $25m in revenue, 25%+ EBITDA Jason, Simon and Rowan have done an e…

Meet ​Iryna Dubylovska and Sameer Rizvi. Founders of RD Capital Partners (RDCP). Over the past eight years, they’ve made 31 investments that have been consolidated into 12 companies, employing a total of 2,000 people. A combined $400m of revenue and $40m of EBITDA. 1. We pick sectors and businesses where profits and cash-flow are the main driver of…

Top 10 AI, Digital, and Data Predictions/Trends for 2025 Jeremy and Sameer are back after their sabbatical with the latest episode of the Analytics Today Podcast. As we step into 2025, the digital, data, and AI landscape is evolving faster than ever. In this special episode of Analytics Today, we unveil our top 10 predictions that will shape the fu…

Jeremy and Sameer are back after their sabbatical with the latest episode of the Analytics Today Podcast. As we step into 2025, the digital, data, and AI landscape is evolving faster than ever. In this special episode of Analytics Today, we unveil our top 10 predictions that will shape the future of technology, business, and innovation in the comin…

12 ideas and observations from the 56-minute conversation with Andrew Wilkinson, the the founder of Tiny, on building a 30+ business holding company: Starting companies is fun, but anyone who has done it knows it is a lot of work. Buying established businesses with existing cash flow isn’t as sexy so I suspect it is wildly underrated as a way of bu…

Selling the very first flooring business for $30k turned into a career of starting, buying and selling B2B, B2C service businesses. A total of 6 different companies in different industries: 2 residential flooring companies 2 commercial flooring companies 1 restoration company 1 commercial cleaning company My conversation with Robert Lombardi, the f…

Forget HVAC and trade businesses… Private equity comes after your kids swim schools… Meet Josh Scott (with wife Annie): 5 locations 7 figures in revenue (30-35% margins) Spends a lot of time with family and children. Again, the riches (both time and $$$) are in niches. We discussed: - Raising prices and selling it to private equity (which they choo…

“Selling B2B SaaS is great, but owning assets is better - that's why I went and built Skaling Ventures on my own.” A portfolio of profitable niche vertical B2B SaaS businesses: $1-3M with some ARR growth (~10%) logo retention greater than 95% limited go-to-market (GTM) knowledge/investment, fragmented competition, and technical founders. We discuss…

This gentleman and his grocery store holdco opened 32 new stores in 90 days. Tomasz Biernacki - a true capital allocator has cracked the code on how to compound his wealth (at a staggering rate!) His grocery holding company has invested 96% of its earnings for the past 10 years. He opened 167 new stores in Q1-Q3 in 2024. Every store he opens return…

Not too many folks are willing to quit their job at Goldman Sachs to start a holding company. It gets even better… He even decided to move from the US to Hong Kong. That’s the story of Alex Schultz who grew a live lobster business to $11m a year; growing 20-30% per year. - Convincing the Hong Kong government to grant him a Visa to build a business …

Meet Dan Tamkin, co-founder of Resurgent Capital Partners: - Portfolio of 4 companies in different industries - $60M in revenue - $8M EBITDA - No LPs - Happy, excited about life, spends tons of time teaching kids to play hockey This is a must listen for someone who’s extremely good at growing and building a single company but feels that they aren’t…

Graham Duncan from East Rock Capital is so generous that wrote a letter to his friend who was considering starting an investment company. Why listen to Graham: - Started his fund at 31 years old - Today $2B in aum - Manages the capital of five families "Letter to a friend who may start a new investment platform" Show notes: 00:00:00 - Intro 00:04:5…

James started and built a financial media holdco to the point where it was acquired for $31 million. He did it in 5 short years… We discuss: - Founding HoldCo with the most financially creative person he knew – a former commodities trader - Organic growth vs growth through mergers and acquisitions - Looking for stable year-over-year growth opportun…

Organic growth is great, but if you want to grow through M&A while beating almost every private equity firm in deal competition. Learn from Jesse. He became so good at it that he built the company to $200mm - 8 acquisitions and counting - 100% bootstrapped - Being 35 years old; hungrier than ever A couple of notes: 1. I am a forced entrepreneur, I …

Imagine that for a moment… You are 24 years old and want to acquire a business… You pick up the phone and make your first cold call to the founder who owns two companies in the $1-2mm EBITDA range The founder says, "yes, I would be interested in selling my company," four months later you are the new owner of a small holding company with two traditi…

"There is an ultimate way to build a group of software companies without having to follow the typical VC growth playbook." Philippe Willi is building a SaaS holding company TrekkSoft in Switzerland. He buys SaaS companies all day but never sells them. Philippe's story is different: He started a VC-backed SaaS, but wasn't able to grow it fast enough…

Jeremy has bought and sold over 100 businesses, but never uses a broker. Treat a company like a product. You buy one and then you sell it Again, never use brokers! Buy right and you’re gonna win Do more of what works Joint ventures and the beauty of it Great story with Jeremy building a holding company in Dubai while the team is based in Singapore.…

Swedish serial acquirers have cracked the code on how to compound their wealth (at a staggering rate!) Their holding companies trade at 12-29 times EBITDA. Here is the story from their founder and CEO Fredrik Karlsson who got so unhappy with his boss so he decided to leave… Start the exact same business. Following the exact same strategy. Today, ON…

Dream for 1,000s of software investors: Build a portfolio of profitable B2B SaaS companies The northstar being Constellation Software (which trades at a P/E ratio of 104 and has a market cap of $90B) Reality: It’s hard, extremely hard! Despite this, there are few people who actually go and try to do that… Take Colin Keeley, co-founder of Verne, whe…

Imagine this... First acquisition March 2023 Today a portfolio of 10 companies $7.5M in EBITDA Average acquisition multiple so far 2.5x (!!!) Last deal: $550k EBITDA business acquired for $850k Craziest part, doing all that with ZERO personal investment and still making 50% of the carry Show me a better salesman! When asked how you did it? “There a…

Imagine this… You help grow the home care and hospice company from $20 million to $150 million and then they fire you. Then you think whether you should start your own thing or not, “I always knew I wanted to be an entrepreneur but I wasn’t ready for it…” Voila… You still decide to do it… Today, at 38, Nikolas runs a diversified portfolio of 5 comp…

Even when every 3rd and 4th person in finance dreams of starting their own private equity fund… Only 0.01% give it a chance and far fewer succeed…Here is my conversation with John Caple of Hidden Harbor Capital Partners who just went and did all that... $260m fund I $465m fund II $800m fund III (just announced fundraising) They invest in lower midd…

My research of Chris Rolls, the founder of PieLAB Capital, who went through the journey of building and selling his business, then starting a private equity fund, and then starting a permanent holding company. Their most successful portfolio company, Detector Inspector, have grown from $6.5 million in revenue to $84 million. Chris is a big fan of a…

My conversation with Eugen Benedikt Russ. A gentleman in his 30s who runs a $200 million a year holding company. Since starting in 2018, they have achieved an IRR of 39% over the past 6 years. A portfolio of 10+ companies (all majority owned) They specialize in acquiring, managing, and operating profitable niche businesses in Online Marketplaces, C…

My conversation with Kashyap Chanchani, managing partner of The Rainmaker Group, an Indian firm that works with traditional family businesses and VC-backed companies. "I started the Rainmaker Group because I didn't want to sleepwalk through life." Kashyap runs a growth equity advisory firm which does $500 to 700 million worth of transactions annual…

My conversation with Daniel Priestley about how to become a "key person of influence" in the world of private equity, investing or small business acquisition. Being known in your own little world makes three things possible: - Finding better deals - Attract more capital on better terms - Have more talent wanting to partner with your companies Danie…

“Don’t stop trying…” Eran used to work as an airport security to pay the bills. Today, VerDiesel Group does $1 billion in revenue… Turns out that KFC and McDonald's used cooking oil can be VERY big business. Add biodiesel, biogas, feedstock… it gets HUGE. Everything we touched in the first 2-3 years failed. Everything. We tried to touch everything …

If you are ever considering buying or investing in a profitable small business… Or you want to build a holding company where each company is run by a CEO... Here's my talk with Xavier Helgesen (co-founder of Enduring Ventures), where he shares everything he knows about buying businesses after 20+ acquisitions and looking at 1000s - Currently 17 com…

Imagine being in your early 30s, starting a private equity fund and raising $450 million as your first fund. All this with no prior track record and without your rich father or uncle. Years later, you own 90 companies, have $152 billion in AUM, your EBITDA is growing at 15% year-over-year, and only Thoma Bravo has outperformed you… True story, all …