Dealmakers Podcast

Zero to Multi Million Business Acquisition Masterclass

John Hood breaks down how he acquired six businesses with 6 million pounds in annual revenue using deferred consideration, seller education, business cash reserves, and disciplined buy and build execution.

Listen to the Episode

Episode 326  |  Runtime: 26:36  |  Audio Episode

Listen to the Episode

Hear John Hood explain how he built a multi million pound acquisition group through structured offers, deferred payments, and seller led funding logic.

Episode

326

Runtime

26:36

Topic

Buy and build acquisitions

Format

Live acquisition masterclass

Key Takeaways

Three practical lessons from a buyer who acquired multiple businesses without writing personal cheques into the deals.

Use Business Assets to Fund Completion

John explains how surplus cash inside a target company can form part of the consideration when the structure is transparent, tax aware, and discussed early with the seller.

Defer Consideration to Protect the Buyer

Deferred payments can preserve cash, expose accounting issues after completion, support right of offset protection, and reduce the risk of overpaying for hidden problems.

Pay Yourself a Deal Fee

A buyer who originates, negotiates, funds, and closes an acquisition should build in a legitimate deal fee rather than waiting until everyone else has been paid first.

Episode Breakdown

In this episode, Jonathan Jay interviews John Hood, an experienced M&A professional who used acquisition strategy to build a group of six businesses generating around 6 million pounds in annual revenue. John explains how accountability, structured deal flow, and direct seller conversations helped him move from advisory experience into active business ownership.

The discussion goes deep into practical deal mechanics. John shares how he bought companies using deferred consideration, surplus cash already sitting in the acquired businesses, SPV structures, distressed acquisition logic, and disciplined negotiation. He also explains why buyers must introduce funding structures early, educate sellers clearly, and avoid leaving sensitive money conversations until the end of the process.

John also covers the realities of consolidation, post acquisition risk, accounting issues, working capital, and refinancing deferred consideration once the group reaches scale. The episode is a direct masterclass for acquisition entrepreneurs who want to buy profitable SMEs, build a sector focused group, protect downside risk, and create future exit options through aggregate EBITDA growth.

Best For

  • Buyers planning a buy and build strategy in a defined sector.
  • Acquisition entrepreneurs structuring deferred consideration.
  • Dealmakers learning how to use target company cash reserves in a purchase.
  • Operators assessing distressed acquisitions and pre pack opportunities.
  • Buyers aiming to build group EBITDA toward refinancing, MBO, investment, or exit.

Questions Answered In This Episode

Can cash inside a target company help fund the acquisition?

Why does John Hood prefer deferred consideration?

What is a deal fee in a business acquisition?

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