“Hang in there. You’ll be rewarded.”

Happy Friday!

On Monday, I shared a case study of how Kris pulled off acquiring a company for $2.6M, with only 5% out of pocket.

Today, you’ll get his biggest takeaways, and our full conversation about how he pulled off this incredible deal. 👇

Community Spotlight

Before we get into Kris’s key takeaways, here’s a quick success story from one of our Acquisition Ace community members.

Brittany bought an $850K medical weight loss clinic with 100% seller financing after joining Acquisition Ace.

She stuck with a deal for 9 months that others said to abandon, and now owns a business poised to become a seven-figure cash flow machine.

👉 Want to learn the principles that help you see diamonds in the rough others miss? Book a call with our team here.

“Don’t let anybody tell you you can’t do something. Hang in there, and once the deal’s done, you just start looking for the next one.”

That’s what Kris told me after closing on a niche oil pump maintenance company for $2.6M, with only 5% out of pocket!

Here into 3 of the biggest takeaways from his unique acquisition deal.

(Kris closed this deal while working full-time at Chevron, and cut his down payment in half. In the Acquisition Ace community, we help members structure creative deals like this all the time. To learn more on how you can join our community, book a call with our team here.)

3 Key Takeaways from Our Conversation

1. Know when to walk away

Kris spent months chasing a steel supply company before it stalled.

Instead of waiting indefinitely, he made the call to move on.

And in the end, his second choice turned out to be the better deal!

2. Industry knowledge is a competitive advantage

Kris had spent 20 years in oil.

That background gave him instant credibility with the sellers, a built-in growth opportunity with Chevron as a future client, and the confidence to know this was a business he could actually run.

3. The sellers staying on changes everything

Both previous owners remained post-close, with one planning to stay for 10 years.

Details like that can be the difference between a risky acquisition and a stable one, so make sure to drill down on where the current owners’ heads are at while doing due diligence.

This Week’s Action Item

Find one business in your target industry where your existing skills or professional network could add immediate value after acquisition.

That overlap is exactly what makes a deal lower-risk and higher-upside.

Now, to get Kris’s full story on how he got this incredible deal…

Watch our full interview here.

P.S. Kris started completely from scratch.

And with the help of the Acquisition Ace community, he got all the tools and support he needed to acquire his first company for $2.6M with only 5% out of pocket.

To get that level of support for your acquisition aspirations…

👉 Book a call with our team here to see if it would be a good fit for you too.