16 Mar Acquiring Minds: A $6.5m Business Worth Flying To
Naveen Vinta set out to buy a small manufacturer, betting on onshoring trends and using his IT background to modernize an overlooked shop. From Northern Virginia, he acquired Bailey Specialty Cranes & Aerials near Milwaukee, nearly maxing out a $5M SBA loan to purchase the business and its real estate. The company earns high six figures, but ownership comes with a commute. A former road-warrior consultant, Naveen now spends four days a week in Milwaukee, aiming for three. His takeaway is blunt: at first, the business owns you.
