Acquisitions Anonymous

The go-to podcast where experienced investors and operators analyze real SMB deals in real-time. Each episode, the hosts take a real business-for-sale listing, break down the numbers, discuss the pros and cons, and give their honest, no-fluff take on whether it’s a good deal or a potential landmine.
Acquisitions Anonymous

The Best Podcast for Breaking Down Real SMB Deals

If you’re into buying small businesses, you need to check out Acquisitions Anonymous—the go-to podcast where experienced investors and operators analyze real SMB deals in real-time.

Each episode, the hosts take a real business-for-sale listing, break down the numbers, discuss the pros and cons, and give their honest, no-fluff take on whether it’s a good deal or a potential landmine.

🤓
It's hosted by Michael Girdley, Bill D'Alessandro, Mills Snell, and Heather Endresen (usually a subset of them on a given episode) and it feels like you're a fly on the wall listening to a bunch of SMB nerds tear down actual businesses listed on the market. Expect friendly banter up front followed by serious expertise as the hosts who know the given industry the most tend to pipe up on a given breakdown.
Acquisitions Anonymous Podcast - Simplifying Business Buying and Selling
The #1 Podcast for Acquiring & Operating Small Businesses. Tune in twice a week as Michael Girdley, Bill D’Alessandro, Mills Snell, and Heather Endresen break down businesses that have hit the market.

Why Listen to Acquiring Minds?

Unlike other business podcasts that stay high-level, this one gets into the weeds. The hosts talk about real financials, valuations, deal structures, and operational challenges—exactly the kind of insight you need when looking at your own deals.


Who Should Listen?

🎧 Searchers & SMB buyers who want to sharpen their deal evaluation skills

🎧 Investors & operators interested in small business trends

🎧 Anyone curious about SMB acquisitions and what makes a deal good or bad


What You’ll Learn

🔹 How to assess SMB listings – spotting risks, opportunities, and hidden red flags

🔹 Valuation insights – what makes a business worth buying (or avoiding)

🔹 Industry breakdowns – from HVAC to SaaS to laundromats, they cover it all

🔹 Lessons from experienced buyers (the hosts) – real stories, real deals, real mistakes


Why It’s Worth Your Time

If you’re serious about buying a business, this podcast will level up your deal analysis skills. Even if you’re not actively searching, listening to these breakdowns will give you a better gut instinct for what makes a business worth acquiring.

Acquisitions Anonymous Podcast - Simplifying Business Buying and Selling
The #1 Podcast for Acquiring & Operating Small Businesses. Tune in twice a week as Michael Girdley, Bill D’Alessandro, Mills Snell, and Heather Endresen break down businesses that have hit the market.
About the author
Tom Tofield

Tom Tofield

Part-time searcher by night, M&A integration expert by day, and founder of ETA Orbit. Obsessed with all things acquisition entrepreneurship, and looking to help share what I can with the community.

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