Scaling a Tiny Acquisition to a PE-Backed Exit

Phil Miller turned a tiny pet shop doing $100k in sales into a regional pet boarding brand — and the ideal PE platform. Topics in Phil’s interview:Pivoting from real estate to the pet industrySlow renovation creating a financial messDelegation is the key to growthThe real cost of a cheap turnaroundBuilding a pet resort brandAccelerating growth with Store CapitalWhy franchising is a poor option in his industryDealing with tire-kicking searchersPartnering with private equityEmotional rollercoaster of combining cultures References and how to contact Phil:LinkedInPawvilleBuy Back Your Time by Dan MartellTaylor Wallace - first appearance on Acquiring Minds: Buying Doggy Daycares After 10 Years in TechTaylor Wallace -  second appearance on Acquiring Minds:Why Sell to Private Equity: Former Guest Has an ExitStore Capital Get a free review of your books & financial ops from System Six (a $500 value):Book a call with Tim or hello@systemsix.com and mention Acquiring Minds Download the New CEO’s Guide to Human Resources from Aspen HR:From this page or contact mark@aspenhr.com Get complimentary due diligence on your acquisition's insurance & benefits program:Oberle Risk Strategies - Search Fund Team Connect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on Twitter Edited by Anton Rohozov Produced by Pam Cameron