Preview Mode Links will not work in preview mode

Capital Allocators – Inside the Institutional Investment Industry


Dec 10, 2018

Brent Beshore is the founder and CEO of Adventur.es, an investment firm that buys small family-owned businesses with the intention of holding them indefinitely.  After launching a few businesses out of college, Brent developed a distinct investment strategy and style. Earlier this year, he raised outside capital for the first time in a permanent capital vehicle, and I am a happy investor in the fund.

Brent regularly shares his insights on business and investing through his widely distributed letters on his website and commentary on Twitter. And just last week, he released his first book, The Messy Marketplace:  Selling Your Business in a World of Imperfect Buyers.  It’s a fantastic instructional guide that covers everything from emotional expectations to the fine print in documentation.

Our conversation covers Brent’s childhood interest in business, early mistakes, structural differences in his strategy from traditional private equity, search funds and fundless sponsors, sourcing deals, conducting due diligence, understanding valuation, negotiating, raising a first-time permanent capital vehicle, entering the ranks of professionals, and his new book.

Brent is unusually insightful about investing in general and deeply knowledgeable about the niche he occupies.

Learn More

 

Discuss show and Read the Transcript

 

Join Ted's mailing list at CapitalAllocatorsPodcast.com

 

Join the Capital Allocators Forum

 

Write a review on iTunes

 

Follow Ted on twitter at @tseides

 

For more episodes go to CapitalAllocatorsPodcast.com/Podcast