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192: Private Equity Came Calling: A Journey From Small Roofing Biz to Acquisition with Ty Meredith
Manage episode 403377948 series 3475220
Το περιεχόμενο παρέχεται από το Jim Ahlin. Όλο το περιεχόμενο podcast, συμπεριλαμβανομένων των επεισοδίων, των γραφικών και των περιγραφών podcast, μεταφορτώνεται και παρέχεται απευθείας από τον Jim Ahlin ή τον συνεργάτη της πλατφόρμας podcast. Εάν πιστεύετε ότι κάποιος χρησιμοποιεί το έργο σας που προστατεύεται από πνευματικά δικαιώματα χωρίς την άδειά σας, μπορείτε να ακολουθήσετε τη διαδικασία που περιγράφεται εδώ https://el.player.fm/legal.
In this episode, Ty Meredith, co-founder of MHI Roofing and Ugly Roof shares his journey from taking over his uncle's small home improvement business to growing it into a multi-million dollar roofing company.
Ty discusses key strategies like focusing on core strengths, hiring people smarter than yourself, developing sales processes, and adding profitable service lines. Ty offers insights on the current private equity trends in the roofing industry and details his own recent deal with Vertex, a fast-growing construction consolidator.
Specific topics covered include:
- Ty's early days learning the roofing business from his uncle
- Shedding less profitable business lines to focus on roofing
- Implementing roof rejuvenation as an add-on service
- Improving sales processes to raise close rates
- Building a positive company culture that retains talent
- Evaluating private equity options: roll-ups vs dedicated platforms
- Joining forces with Vertex to rapidly expand market share
Whether you're looking to grow a roofing business or simply want to hear how one contractor achieved success, this episode delivers. Learn all about Ty's journey and get tactical insights you can apply.
If you are a roofing business owner and want to talk to Ty about private equity, or becoming part of the Vertex family, reach out and mention that you saw his interview on Roofing Success!
Ty Meredith:
https://www.facebook.com/profile.php?id=100009126331552
ty@themcmichaelgroup.com
Links:
https://www.facebook.com/uglyroofllc/
Check out the Pitch Pro Movement: https://www.pitchpromovement.com/jim
Give us your feedback! https://ask.roofermarketers.com/flnm846un
For Tips, Strategies, and Free Downloads visit our website and join the Roofing Success Facebook Group: www.facebook.com/groups/1940365569408073/
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