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  • $10m EBITDA After COVID Killed The Business

    $10m EBITDA After COVID Killed The Business
    2026/04/22

    Nicolás Lulli "grew up" at Relay Investments, a well-known fund in the traditional search fund world in the Prudential Tower in Boston. With their backing, he later acquired a $1m EBITDA business in Peru shortly before the pandemic. Peru was hard hit by the pandemic, not the least due to draconian government policies. So $1m EBITDA dropped to $0, before heavy-lifting turned it around to $10m and climbing.

    References and how to contact today's guest:
    Nicolás Lulli | LinkedIn

    Minds Capital invests equity into deals by independent sponsors and searchers. For independent sponsors with a deal under LOI, visit Minds Capital to start a conversation. Our website also contains more information about this podcast and for prospective investors.

    Connect with Minds:

    • See past + future interviews on the YouTube channel
    • Connect with hosts Will Smith and Niklas James
    • Visit Minds Capital

    Credits:

    • Edited by Anton Rohozov
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    1 時間 10 分
  • One Man's Trash: 5x MOIC on a 14-Deal Waste Roll-Up

    One Man's Trash: 5x MOIC on a 14-Deal Waste Roll-Up
    2026/04/15

    Chandos Mahon dreamed of driving garbage trucks at age 3. In 2024, he exited a tire recycling waste management platform to a strategic buyer for a 5x net MOIC. Starting as a searcher in 2015, he acquired the business in 2017 and scaled it through 14 add-ons before exit.

    References and how to contact today's guest:
    Chandos Mahon | LinkedIn

    Minds Capital invests equity into deals by independent sponsors and searchers. For independent sponsors with a deal under LOI, visit Minds Capital to start a conversation. Our website also contains more information about this podcast and for prospective investors.

    Connect with Minds:

    • See past + future interviews on the YouTube channel
    • Connect with hosts Will Smith and Niklas James
    • Visit Minds Capital

    Credits:

    • Edited by Anton Rohozov
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    1 時間 18 分
  • $100m Acquisition as First Deal

    $100m Acquisition as First Deal
    2026/04/08

    Former auto mechanic Eugene Polevoy is an independent sponsor based in Toronto. His strong opinions routinely go viral on LinkedIn and were recently featured in Pitchbook's daily newsletter. Eugene walks through how he built and exited an HVAC platform and talks about his latest move into a $100m commercial generator services deal.

    References and how to contact today's guest:
    Eugene Polevoy | LinkedIn

    Minds Capital invests equity into deals by independent sponsors and searchers. For independent sponsors with a deal under LOI, visit Minds Capital to start a conversation. Our website also contains more information about this podcast and for prospective investors.

    Connect with Minds:

    • See past + future interviews on the YouTube channel
    • Connect with hosts Will Smith and Niklas James
    • Visit Minds Capital

    Credits:

    • Edited by Anton Rohozov
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    1 時間 35 分
  • Almost 40% IRR across 55 Platforms

    Almost 40% IRR across 55 Platforms
    2026/04/01

    Transition Capital Partners is a mainstay in Dallas private equity. Jason Faucett and his team are the 4th generation of partners at this 33-year old firm, with a track record that includes 55 platform acquisitions and a historical IRR in the high 30% range. TCP proves that local networks and reputational compounding are the ultimate competitive moats.

    References and how to contact today's guest:
    Jason Faucett | LinkedIn

    Minds Capital invests equity into deals by independent sponsors and searchers. For independent sponsors with a deal under LOI, visit Minds Capital to start a conversation. Our website also contains more information about this podcast and for prospective investors.

    Connect with Minds:

    • See past + future interviews on the YouTube channel
    • Connect with hosts Will Smith and Niklas James
    • Visit Minds Capital

    Credits:

    • Edited by Anton Rohozov
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    1 時間 9 分
  • "We're Not Operators": Bridging Capital & Management

    "We're Not Operators": Bridging Capital & Management
    2026/03/25

    As early deal-by-deal pioneers, Edwin Burke and Chris Eichmann of Pillsman Partners have have completed 7 platform investments and 23 add-on acquisitions since their founding in 2012. Unlike many PE executives who embrace operations depth as a differentiator, Pillsman's "suits & jeans" model focuses on value creation through partnership, team building, capital access, and strategy.

    References and how to contact today's guest:
    Edwin Burke | LinkedIn
    Chris Eichmann | LinkedIn

    Minds Capital invests equity into deals by independent sponsors and searchers. For independent sponsors with a deal under LOI, visit Minds Capital to start a conversation. Our website also contains more information about this podcast and for prospective investors.

    Connect with Minds:

    • See past + future interviews on the YouTube channel
    • Connect with hosts Will Smith and Niklas James
    • Visit Minds Capital

    Credits:

    • Edited by Anton Rohozov
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    1 時間 18 分
  • 7x Organic EBITDA Growth After Liberating Employees

    7x Organic EBITDA Growth After Liberating Employees
    2026/03/18

    Corbin Cook and Alex Swanston of Rise Run Capital challenge the "get rich slow" reputation of independent sponsorship. Since starting 6 years ago, after having roadmapped their firm over beers by a bonfire in Wyoming, they have acquired 5 platforms, reaching more than $50m of aggregate EBITDA, before landing their 1st home run exit (7x EBITDA growth in 4 years) a few months ago.

    References and how to contact today's guest:
    Corbin Cook | LinkedIn
    Alex Swanston | LinkedIn

    Minds Capital invests equity into deals by independent sponsors and searchers. For independent sponsors with a deal under LOI, visit Minds Capital to start a conversation. Our website also contains more information about this podcast and for prospective investors.

    Connect with Minds:

    • See past + future interviews on the YouTube channel
    • Connect with hosts Will Smith and Niklas James
    • Visit Minds Capital

    Credits:

    • Edited by Anton Rohozov
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    1 時間 10 分
  • The Applied AI Engineer: A New PE Weapon

    The Applied AI Engineer: A New PE Weapon
    2026/03/11

    Chris Breaux left the world of $500m middle-market deals as an investment banker to build Emberline, an independent sponsor focused on the intersection between government, defense, and vertical tech. Their portfolio consists of 3 platform companies. They view technology and AI as a differentiator in the small business world, leaning heavily in on the implementation and utilization to drive organic growth.

    References and how to contact today's guest:
    Chris Breaux | LinkedIn

    Minds Capital invests equity into deals by independent sponsors and searchers. For independent sponsors with a deal under LOI, visit Minds Capital to start a conversation. Our website also contains more information about this podcast and for prospective investors.

    Connect with Minds:

    • See past + future interviews on the YouTube channel
    • Connect with hosts Will Smith and Niklas James
    • Visit Minds Capital

    Credits:

    • Edited by Anton Rohozov
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    59 分
  • Acquiring $10m of EBITDA as Industry Operators

    Acquiring $10m of EBITDA as Industry Operators
    2026/03/04

    Edoardo Maggini is the Operating Partner at Star Step, a specialty coatings rollup. Founded in 2021 by 3 partners, Star Step pivoted away from chasing a $45m EBITDA carveout to aggregating smaller, founder-led businesses, resulting in rapid growth across USA and Europe.

    References and how to contact today's guest:
    Edoardo Maggini | LinkedIn

    Minds Capital invests equity into deals by independent sponsors and searchers. For independent sponsors with a deal under LOI, visit Minds Capital to start a conversation. Our website also contains more information about this podcast and for prospective investors.

    Connect with Minds:

    • See past + future interviews on the YouTube channel
    • Connect with hosts Will Smith and Niklas James
    • Visit Minds Capital

    Credits:

    • Edited by Anton Rohozov
    続きを読む 一部表示
    54 分