Jeremy Hall forged a reputation for growing organisations through acquisition during the dotcom boom and has gone on to become one of the UK’s most prolific aggregators of small businesses. Previously chairman of the prestigious global brand Who’s Who Publications, the CEO of asset provider WestWon has invested in a range of businesses over the last two decades including audio visual, hospitality, digital printing, distribution, credit information, import, publishing, recycling and commercial property sectors.
He founded Wyse Leasing, which became one of the UK’s largest independent IT leasing companies with £65 million of annual lease transactions a year. He knows how to acquire and build businesses by finding synergies, analysing competitors, uncovering true value, building networks and accelerating organic growth through acquisition. Sounds like he’s on the right podcast then!
Jeremy explains how he built Wyse and how he sold it, including writing a cheque for hundreds of thousands of pounds to an external adviser.
We then discuss what he did after banking a multi million pound cheque from the sale and how quickly you go from a high status chairman to Billy No Mates. This is a dangerous time for entrepreneurs who have to become stewards of significant wealth.
He is honest about the mistake he made in rebranding Power Leasing which had already been established for nearly 30 years at the time he acquired it.
As anyone running a finance business in 2008 will know, there were some tough years when liquidity dried up and there was no money available to support leasing deals. Jeremy talks about how he got through those tough times.
With severe restrictions on his previous core IT sector part of the business sale, Jeremy talks about the challenges of starting afresh in new sectors with new suppliers. He also talks about moving from a regional office structure to a more heavily online based approach.
Banks are famous for only lending money to companies that don’t need it – I ask Jeremy whether leasing is different? How flexible can you be and what can business owners do to ensure they get the best leasing terms?
We discuss whether Jeremy has an exit plan and if so how he might extract himself from the business.
Watch for Jeremy over-delivering when I ask him to share the top three lessons he has learned for the benefit of our community.
If you would like to appear on Grown My Business Or Sell It, or would like Graham Rowan to appear on your podcast, please email Graham on graham@grahamrowan.com
Looking to raise capital for your business or invest the sale proceeds in some outstanding opportunities that you won't hear about from your accountant or High Street financial adviser? Take a look at the Beaufort Society, a private members club for high net worth investors around the world. With 1,000 members in 37 countries they raise millions in equity, bonds and loan notes for fast growing companies that meet their criteria and also provide access to private placements in the arbitrage markets.
Learn more at https://beaufortsociety.com/
Jeremy Hall forged a reputation for growing organisations through acquisition during the dotcom boom and has gone on to become one of the UK’s most prolific aggregators of small businesses. Previously chairman of the prestigious global brand Who’s Who Publications, the CEO of asset provider WestWon has invested in a range of businesses over the last two decades including audio visual, hospitality, digital printing, distribution, credit information, import, publishing, recycling and commercial property sectors.
He founded Wyse Leasing, which became one of the UK’s largest independent IT leasing companies with £65 million of annual lease transactions a year. He knows how to acquire and build businesses by finding synergies, analysing competitors, uncovering true value, building networks and accelerating organic growth through acquisition. Sounds like he’s on the right podcast then!
Jeremy explains how he built Wyse and how he sold it, including writing a cheque for hundreds of thousands of pounds to an external adviser.
We then discuss what he did after banking a multi million pound cheque from the sale and how quickly you go from a high status chairman to Billy No Mates. This is a dangerous time for entrepreneurs who have to become stewards of significant wealth.
He is honest about the mistake he made in rebranding Power Leasing which had already been established for nearly 30 years at the time he acquired it.
As anyone running a finance business in 2008 will know, there were some tough years when liquidity dried up and there was no money available to support leasing deals. Jeremy talks about how he got through those tough times.
With severe restrictions on his previous core IT sector part of the business sale, Jeremy talks about the challenges of starting afresh in new sectors with new suppliers. He also talks about moving from a regional office structure to a more heavily online based approach.
Banks are famous for only lending money to companies that don’t need it – I ask Jeremy whether leasing is different? How flexible can you be and what can business owners do to ensure they get the best leasing terms?
We discuss whether Jeremy has an exit plan and if so how he might extract himself from the business.
Watch for Jeremy over-delivering when I ask him to share the top three lessons he has learned for the benefit of our community.
If you would like to appear on Grown My Business Or Sell It, or would like Graham Rowan to appear on your podcast, please email Graham on graham@grahamrowan.com
Looking to raise capital for your business or invest the sale proceeds in some outstanding opportunities that you won't hear about from your accountant or High Street financial adviser? Take a look at the Beaufort Society, a private members club for high net worth investors around the world. With 1,000 members in 37 countries they raise millions in equity, bonds and loan notes for fast growing companies that meet their criteria and also provide access to private placements in the arbitrage markets.
Learn more at https://beaufortsociety.com/