Ep 8. Buying a Business: Creating a Playbook and Running it – Tom Henrich, Eagle Aluminum – CEO 2 CEO

Tom Henrich, the CEO of Eagle Aluminum, talks with me about his decision to become a business owner and his process towards a successful acquisition in 2022. Amidst a landscape where transactions may be opportunistic or with tunnel vision, Tom's approach was very strategic and deliberate. He identified his preferred geographic area and targeted industry sectors and then did the really hard work of networking and forging vital relationships with key advisors to any business–– from accounting firms to banks, attorneys, and consultants. This work led him to evaluate numerous deals and put together multiple Letters of Intent (LOIs), giving him a spectrum of options. Additionally, he also built his financing structure to get the deal done.    This is a fun success story of a local entrepreneur who is now growing Eagle Aluminum into their future. Be sure to subscribe to CEO 2 CEO and listen in on conversations where Scott connects the dots between the issues CEO’s face and the experience of remarkable guest leaders in upcoming episodes. And, be ready to be wiser from it.