Acquiring Minds

Stars Align After 4 Broken Deals

Apr 10, 2025 · 1 hr 19 min · 76.2 MB
0:00-1:19:22

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Keegan Dum wound down his search fund after 2 years without a deal, but he went on to acquire & create a great outcome. 

Topics in Keegan’s interview:

  • Choosing traditional search
  • No deal after 2 years of searching
  • Selling the business after 18 months
  • Finding a business on his own through consulting
  • Role of software in car washes & auto shops
  • Renegotiating terms with previous investors
  • Low churn for you means low churn for your competitors
  • The “always on” nature of running an essential business
  • Spreadsheet vs reality of operating the business
  • Profitable exit after 18 months

References and how to contact Keegan:

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Download the New CEO’s Guide to Human Resources from Aspen HR:

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Get $200 off your ticket to the M&A Launchpad Conference in Houston on May 3rd:

Connect with Acquiring Minds:

Edited by Anton Rohozov
Produced by Pam Cameron