This Friday’s Program
Aqua Quip was founded by Brian’s parents, Richard and Esther Quint, in 1959. He joined the company full time in 1979. His father passed away in 1995 and the business merged with a Tacoma business is 2000. In 2018 they had sales of approx. $22 million with 85 employees.
Brian’s family sold Aqua Quip in January 2019 to the largest retailer and seller of pool and spa products in the industry.- Leslie’s Poolmart, Inc. Brian is in the 3rd year of his 3-year employment agreement. Leslie’s did an IPO in November 2020.
Brian will discuss the following –
- What succession/exit planning he was doing prior to receiving the ‘phone call’ in July 2018.
- Lessons learned about how to be best prepared – when the phone rings – which it did in my case!
- The process – buyer’s due diligence, seller’s due diligence, getting to the LOI and then what it takes to get the deal ‘across the finish line’ from the LOI.
- Going from being self employed with 90 employees to working for a Billion dollar company with
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