For Halloween, Still Searching with Jed Morris joins Andrew Hoffman of the Search Fund Coalition for Tales from the Search Crypt: six real stories of small business acquisitions that ended in the graveyard.
A $20 million healthcare deal that lost most of its EBITDA nine months after close. A 100% seller-financed plumbing buy that turned into a fight over $600,000 in receivables. A star salesman who turned out to be the most toxic person in the building, holding half the revenue hostage. A parts manufacturer that tripled capacity on cheap money right before the market normalized. A searcher...