[Re-Run] Collin Hathaway Investing and Operating in Home Services Ep. 85

Published: Oct. 12, 2021, 7 a.m.

My guest today is Collin Hathaway. Collin runs a small micro private equity fund in Seattle, WA called Skylight Capital and has developed a strong core competence in plumbing, HVAC, roofing, and other home services businesses. He also has one of the most interesting stories I\u2019ve heard of getting into micro private equity. During the episode, we talk about his path to Skylight, why he focuses on home services businesses, characteristics he looks for in new acquisitions, and a little bit of his home services operating playbook.\nI\u2019ve been trying to get Collin on the podcast since our first conversation a year ago and I wish this episode could have been longer. Collin is a great, entertaining storyteller and I hope you enjoy his hearing fascinating journey so far.\nListen weekly and subscribe on iTunes, Spotify, Google Podcasts, Stitcher, Breaker, and TuneIn.\nThink Like an Owner Sponsors\nLive Oak Bank\xa0\u2013 Live Oak Bank is a seasoned SMB lender\xa0providing SBA and conventional financing for\xa0search funds, independent sponsors, private equity firms, and individuals looking to acquire lower middle market companies. Live Oak has closed billions of dollars in SBA financing and is actively looking to help more small company investors across the country. If you are in the process of acquiring a company or thinking about starting a search, contact Lisa Forrest or Heather Endresen directly to start a conversation or go to\xa0www.liveoakbank.com/think.\nHood & Strong, LLP\xa0\u2013 Hood & Strong is a CPA firm with a long history of working with search funds and private equity firms on diligence, assurance, tax services, and more. Hood & Strong is highly skilled in working with search funds, providing quality of earnings and due diligence services during the search, along with assurance and tax services post-acquisition. They offer a unique way to approach acquisition diligence and manage costs effectively. To learn more about how Hood & Strong can help your search, acquisition, and beyond, please email one of their partners Jerry Zhou at\xa0jzhou@hoodstrong.com.\xa0\nOberle Risk Strategies\u2013 Oberle\xa0is the leading specialty insurance brokerage catering to search funds and the broader ETA community, providing complimentary due diligence assessments of the target company\u2019s commercial insurance and employee benefits programs. Over the past decade, August Felker and his team have engaged with hundreds of searchers to provide due diligence and ultimately place the most competitive insurance program at closing. Given August\u2019s experience as a searcher himself, he and his team understand all that goes into buying a business and\xa0pride themselves on making the insurance portion of closing seamless and hassle-free.\nIf you are under LOI, please reach out to August to learn more about how Oberle can help with insurance due diligence at\xa0oberle-risk.com. Or reach out to August directly at\xa0august.felker@oberle-risk.com.\nInterested in sponsoring?\nLinks Mentioned:\n\nAlpine Investors\n\nSkylight Capital\n\nFlint Group