12 Feb Acquiring Minds: How to Own 20% of Multiple SMBs
Today’s interview has two parts. First, Evan DiLeonardi shares the story of buying a commercial cleaning business in a small rural town with about $500k in SDE. While not a full turnaround, the transition brought a scary J-curve. Evan spent a year and a half stabilizing a business plagued by weak leadership and complicated family dynamics, all while managing it partly remotely as a nomad.In the second segment, we explore Evan’s current role as an SBA buy-side advisor-investor. Through an ETA community, he helps searchers source and close acquisitions in exchange for roughly 20% equity per deal. With multiple partnerships, he’s building a diversified, mostly passive portfolio without personal guarantees. We dig into the model and why it’s so compelling.Here’s Evan DiLeonardi, owner of Quality Cleaning Service of Northwest Ohio.
