$33m Holdco: Teddy Bears to Insurance Claims | Colin King Interview

Synopsis

Colin King describes building Circle City Capital Group to $33 million of revenue across 17 acquisitions since 2018, ranging from teddy bear manufacturing to insurance claims adjusting. The discussion focuses on what makes a holdco work: enough cash flow to hire strong operators, selling weaker portfolio companies, and partnering with a searcher to acquire an insurance business with equity and no personal guarantee.

Ideas in this episode

• Search-fund small business acquisition

  The episode describes partnering with a searcher to acquire an insurance business using equity and no personal guarantee, framed as a holdco cash-flow deal.

• Buy-and-build holding company

  Colin King built Circle City Capital Group to $33M of revenue across 17 acquisitions in industries from teddy bears to insurance claims, selling weaker portfolio companies.