
#218 - Talking about Consumer Brands and Investment Rollups with Tom Shipley, Founder of AVA, FOUNDRY, Atlantic Coast Brands and DealCon Summit
Episode Description
I spoke with Tom about:
- His early years as a catalog sales business owner
- His unusual decision to start a beauty brand and how they struggled to fund raise until they learned they can just acquire a successful brand using debt financing and how they scaled that business to a 100M dollar revenue (and why they sold that business in 2021 to a private equity firm).
- His passion around investment rollups, how it exactly works and why he started two aggregators, one buying 100 brands (FOUNDRY) and the other buying marketing agencies (AVA Acquisitions)
- His decision to start teaching entrepreneurs about how to properly do M&As as a growth strategy for their business (DealCon Summit) and what value he derives from it
- What is his latest project? and why he chose to live in Tel Aviv when most of his business is conducted in the US?
I learned a TON from this conversation. Totally worth a listen :)