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Back from the Brink: When Everybody Quits Day 1

Back from the Brink: When Everybody Quits Day 1

Update: 2025-02-24
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24 hours into Jack Carr's ownership of a tiny HVAC business, disaster struck. Just 2.5 years later, it did $3m in sales.

Topics in Jack’s interview:

  • All HVAC techs quit on the first day
  • Buying an HVAC business with no physical location
  • Why he feels like his 2x multiple was too high
  • Teaching himself HVAC skills via YouTube
  • How he prices a book of business
  • His process for retaining customers after acquisition
  • Value of a business owner community
  • How Google reviews keep the phone ringing
  • Understanding the risk of buying small
  • Listening to your employees without being held hostage

References and how to contact Jack:


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

Listen to Meeting of the Minds, our new sister podcast about independent sponsors and deal-by-deal private equity:

Get a complimentary IT audit of your target business:

Learn more about Walker Deibel's done-with-you buy-side advisory:

Get complimentary due diligence on your acquisition's insurance & benefits program:

Connect with Acquiring Minds:

Edited by Anton Rohozov
Produced by Pam Cameron

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Back from the Brink: When Everybody Quits Day 1

Back from the Brink: When Everybody Quits Day 1

Will Smith