Louis Massaro learned from the 2008 recession and built a hundred million dollar plan to buy struggling companies and equipment when the next downturn hits. He sees current economic challenges as a golden opportunity to expand through acquisitions and partnerships, and urges people to signal their buying or selling intentions through conversation.
A hundred million dollars.
December 17, 2024.
I wasn't on the right side of the recession in 2008 and I always said when the next one comes around I'm going to be on the right side of it. And so I've always had this kind of idea and plan in my back pocket that if I ever wanted to do it, if I ever felt compelled to do it that I would do it. It's a hundred million dollar plan. But in these times where there's companies that are challenging, having challenges, struggling if you want to buy companies to expand and grow right now it's a golden opportunity right you're going to be able to pick up companies, equipment, great operators because sometimes there's great operators in a business that just on their own it's too much right you might be able to form partnerships with those people. A lot of that might happen in this room. So if you're considering buying, if you're considering selling put it out there when you talk to people.
