Selling MAPerformance.com

Today we are going to be talking about selling and acquiring businesses with a couple of people who have recently been through the process themselves. Chris Carey recently sold his business, MAPerformance.com, to David Rauch’s team over at AnthemWheels.com. In this episode, they will be sharing the story of their unique transaction, as well as the power of trust and rapport in existing relationships.

Listen in as they explain how to evaluate offers and the importance of a cultural fit. You will learn what it’s like working with private equity firms (or deciding not to) and how valuable the terms of a deal are because it’s not just about the price. There is something to be said about buying a business from a known entity as opposed to someone you don’t know, and this episode really highlights the benefits of having that base of friendship.

You’ll learn:

• Why Chris decided to sell. (4:50)
• What it was like working with a private equity firm. (10:20)
• Why David was interested in buying Chris’s business. (13:39)
• What the process of laying out the deal looked like. (20:17)
• Why it is great to purchase from someone you know instead of someone you don’t. (28:15)
• The hardest discussion and agreements they had to go through. (36:50)

Subscribe: iTunes | Stitcher

(With your host Andrew Youderian of eCommerceFuel.com, David Rauch of AnthemWheels.com, and Chris Carey of MAPerformance.com)

What Was Mentioned

• David Rauch: Website | LinkedIn
• Chris Carey: Website | LinkedIn | Twitter | Facebook
• A Tale of Acquisition and Gratitude
• eCommerceFuel Forum
• Klaviyo
• One Click Upsell – Increase Sales 15%+ with Pre-and Post-purchase Upsells. (On average, Shopify users increase sales 15% immediately after installing the app!)

Photo credits to MAPerformance’s LinkedIn page.

Post by Andrew Youderian

Andrew is the founder of eCommerceFuel and has been building eCommerce businesses ever since gleefully leaving the corporate world in 2008.  Join him and 1,000+ vetted 7- and 8-figure store owners inside the eCommerceFuel Community.