The roll-up concept is really interesting. I wanted to get some thoughts on how it might be applied slightly differently on a smaller scale. I've got an opportunity where a $1M revenue company wants to expand nationally (Canada) by acquiring small $150k owner-operator businesses in strategic locations. They want to use these locations to develop new business in these markets and leverage a larger footprint and market presence.
The goal here wouldn't necessarily be going public and the retention of the owner-operators would be key as the regional operations get built up.
What sort of structure might be good for a deal like this?