Published Nov 26, 2024

Plumbing Acquisition Gone Wrong | Josh Key Interview

Josh Key delves into the tumultuous journey of acquiring a plumbing business, exploring vital lessons on due diligence, partnership pitfalls, and operational missteps that led to financial collapse and ultimate bankruptcy.

Episode Highlights

Topics covered

Episode Highlights

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Dexa/Acquiring Minds

Plumbing Acquisition Gone Wrong | Josh Key Interview

Topics covered

Popular Clips

Friendship and Conflict

Finding the Right Word

Partnership Pitfalls

Business Partnership Pitfalls

Business Turmoil

SBA Loan Insights

Costly Decisions

All In Decisions

Trust and Growth

Legal Trust Issues

Red Flags Revealed

Business Acquisition Insights

Exit Strategies Explained

Strategic Partnerships

Diligence Lessons

Episode Highlights

Acquisition Process

Partnership Issues

Operational Challenges

Related Episodes

Buying a Plumbing Business with $2m EBITDA | Doug Johns Interview

How to Buy a Big Plumbing Business (as a Non-Plumber) | Peter deBaptiste Interview

Building a $10m Platform from 2 Low-SDE Businesses | Scott Walton Interview

How to Grow a Small Plumbing Business to $26m | John Wilson Interview

How to Unlock Growth in a 40-Year-Old Business You Buy | Josh Medow Interview

How to Buy a Construction Business | Chandler Reed Interview

Business Collapse After Going All-In | Justin Willess Interview

Buying 2 Businesses at Once as a First-Timer | Mike Okhravi Interview

Buying a Business to Build a Life | Dan Drake Interview

How One Tiny Acquisition Grew Into a Holdco | Matt Huggins Interview

Business-Buyer Fit in a 42-Year-Old Media Biz | Nathan Gregory Interview

How to Buy a Pool Service Business | Ryan Doyle Interview

Partnering with an Operator to Buy a Business | Landon Mance Interview

3x Revenue Despite Turnover, Hangovers & Threats | JD Beck Interview

Buying in a Huge but Overlooked Market | Jonathon Tupper Interview

Plumbing Acquisition Gone Wrong | Josh Key Interview

Topics covered

Popular Clips

Episode Highlights

Acquisition ProcessJosh Key, former owner of a plumbing business, shares his journey of acquiring a company and the subsequent challenges he faced. His story highlights the importance of thorough due diligence, especially when selecting business partners.

Acquisition Process

Partnership IssuesJosh Key's acquisition of a plumbing company was marred by conflict and trust violations with his partner, leading to the business's downfall. Miscommunication and legal oversights compounded the challenges, ultimately resulting in bankruptcy.

Partnership Issues

Operational ChallengesJosh Key's acquisition of a plumbing business turned into a cautionary tale of financial mismanagement and leadership failures. His experience underscores the importance of thorough due diligence and effective crisis management in business acquisitions.

Operational Challenges

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