BROADCASTS.com

b'

Brent Beshore is the founder and CEO of Adventur.es, an investment firm that buys small family-owned businesses with the intention of holding them indefinitely.\\xa0 After launching a few businesses out of college, Brent developed a distinct investment strategy and style. Earlier this year, he raised outside capital for the first time in a permanent capital vehicle, and I am a happy investor in the fund.

Brent regularly shares his insights on business and investing through his widely distributed letters on his website and commentary on Twitter. And just last week, he released his first book, The Messy Marketplace:\\xa0 Selling Your Business in a World of Imperfect Buyers.\\xa0 It\\u2019s a fantastic instructional guide that covers everything from emotional expectations to the fine print in documentation.

Our conversation covers Brent\\u2019s childhood interest in business, early mistakes, structural differences in his strategy from traditional private equity, search funds and fundless sponsors, sourcing deals, conducting due diligence, understanding valuation, negotiating, raising a first-time permanent capital vehicle, entering the ranks of professionals, and his new book.

Brent is unusually insightful about investing in general and deeply knowledgeable about the niche he occupies.

Learn More

\\xa0

Discuss show and Read the Transcript

\\xa0

Join Ted\'s mailing list at\\xa0CapitalAllocatorsPodcast.com

\\xa0

Join the Capital Allocators Forum

\\xa0

Write a review on iTunes

\\xa0

Follow Ted on twitter at @tseides

\\xa0

For more episodes go to\\xa0CapitalAllocatorsPodcast.com/Podcast