Buying a $12.5m Contractor to Create 1,000 Jobs
Episode 1 hr 30 min

Buying a $12.5m Contractor to Create 1,000 Jobs

From Acquiring Minds Will Smith

Manolo Diaz Corrada came home to Puerto Rico to build for decades and keep the wealth from leaving the island.

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Topics in Manolo’s interview:

  • Building a career across engineering, business, and law
  • Fighting Puerto Rico’s brain drain
  • Launching a self-funded search in a tiny market
  • Why traditional search fund investor passed on Puerto Rico
  • Finding an acquisition through family connections
  • Navigating SBA financing challenges in Puerto Rico
  • Using reputation as a due diligence tool
  • Betting on Puerto Rico’s infrastructure boom
  • Using backlog to underwrite acquisition risk
  • Structuring a deal with seller financing

References and how to contact Manolo:

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Work with an SBA loan team focused exclusively on helping entrepreneurs buy businesses:

The ecosystem for serious acquisition entrepreneurs—education, capital, community, and post-close support to buy and grow a business:

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Edited by Anton Rohozov and produced by Pam Cameron

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