How One Tiny Acquisition Grew Into a Holdco

Matt Huggins bought a small water & cable utility doing $200k/year. 15 years later, his holdco is on track for $20m/yr.

Topics in this interview:

• Matt's decision to step off the academic track
• Matt's career as a professional online poker player
• Transitioning from poker to small business
• Acquiring a utilities company for a group of condos
• The surprising complexity of running a utilities company
• Starting a manhole lining business
• The stability and diversity of the water industry
• Acquiring businesses from retiring owners without needing capital
• The value of a fractional CFO
• The reward of helping employees

References and how to contact Matt:

• Twitter
• LinkedIn
• Peak Group Companies
• Advanced Lining
• Peak Water Services
• Advanced Pump & Equipment
• Gordo Sales

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• Contact [email protected] or visit Aspen HR

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• See past + future interviews on the YouTube channel
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