$33m Holdco: Teddy Bears to Insurance Claims

Colin King and his 50/50 partner have paid themselves little since 2018, reinvesting profits back into their businesses.

Topics in Colin’s interview:

• Growing Circle City Capital’s business portfolio
• Don’t call them private equity
• Why Colin stopped wanting operational roles
• Why critical mass matters for holdcos
• He still earn less than operators
• Holdco strategy versus industry-specific rollups
• The fox versus hedgehog framework
• Learning through hands-on operating experience
• Why chasing money can make things harder
• Costly mistakes and failed acquisitions

References and how to contact Colin:

• [email protected]
• LinkedIn
• Colin King’s first appearance on Acquiring Minds: How to Build a $28m Holdco (in 6 Years)
• Circle City Capital Group

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• Jenny Thear: [email protected]

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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 and produced by Pam Cameron