Buy and Build success: From employment to acquiring a £4m group
Manage episode 495563732 series 3453768
What happens when a successful pharmacist gives up his career to buy a care business—just weeks before the COVID-19 pandemic?
In this episode, Chike Nwangwu, Managing Director of Nash Homecare and the BESDA Group, shares how he built a £4M care group through four strategic acquisitions in just five years.
Chike breaks down the emotional and operational challenges of buying a business, from navigating sudden lockdowns to managing sceptical teams and sceptical family members.
Discover how he transitioned from corporate stability to entrepreneurial uncertainty—and the strategies that helped him not only survive but thrive.
"Building rapport with the seller can make or break an acquisition.” – Chike Nwangwu
You’ll hear about:
- How to transition safely from a corporate career into business ownership
- The critical role of team dynamics and internal leadership in acquisition success
- Lessons learned from completing two deals simultaneously, including a £1.2M+ acquisition
- Why building your team before you grow is the secret weapon to scaling
- How to avoid the trap of “buying yourself a job”
Connect With Chike Nwangwu
LinkedIn - https://www.linkedin.com/in/chikenwangwu/
Connect With Julie Wilkinson
LinkedIn - https://www.linkedin.com/in/juliewilkinson-accounting/
Tik Tok – https://www.tiktok.com/@wasolutions
YouTube - https://www.youtube.com/channel/UCUvq6gfNoP_4dfIJulL6C6A
Facebook - https://www.facebook.com/wilkinsonaccountingsolutions
Website - https://wilkinsonaccountingsolutions.co.uk/
Find out more about our brilliant sponsor Acquisition Masters here - https://www.acquisitionmasters.co.uk/
Before you go, don’t forget to leave a comment and review if you got something out of this episode!
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