Ep. 126 Getting A Second Bite Of The Apple

Published: Feb. 2, 2018, 9 a.m.

Richard Manders co-founded iAutomation and built it up to $12M before deciding it was time to recapitalize. Manders sold 75% of his company for almost 8 times EBITDA to a Private Equity (PE) and held 25% interest in the company after the sale.