It looked like a dream: $2m EBITDA, recurring, large market. Only after Judd Lorson bought it did he learn the truth. Topics in Judd's interview: Searchfund accelerator pros & cons Understanding investors' role in your acquisition Importance of 100% transparency with employees (even pre-acquisition) Debt collection business pros & cons Discovery that he's acquired a bad business Managing hostility with sellers What is the proper attitude for buying a business? How to resign as CEO the right way Links & how to reach Judd: The Acquiring Minds debate about Self-Funded Search vs. Traditional Search Funds judd DOT lorson AT gmail LinkedIn Get complimentary due diligence on your acquisition's insurance & benefits program:Oberle Risk Strategies - Search Fund TeamLearn more about Walker Deibel's done-with-you buy-side advisory:The Acquisition LabConnect with Acquiring Minds: YouTube channel (easy access to all past + future interviews) Connect with host Will Smith on LinkedIn Follow Will on Twitter

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