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From a service no one wanted anymore to a growing business and a strategic buyer, find out how AMI was rebuilt to sell.
George Bandarian II took over AMI, his family’s microfilm business in 2000. Recognizing a need for change in an evolving marketplace, Bandarian restructured AMI’s services to become a digital transformation agency, helping corporations preserve paper records online and automate manual paper-based processes.
In 2017, with about $2 million in revenue, the timing was right for a sale. The M&A market was heating up, Bandarian had a new baby at home, and he felt a growing desire to find his passion and redirect his professional focus. But timing isn’t everything, and value doesn’t grow overnight. Find out how Bandarian transformed a nearly obsolete microfilming business into a company that was undeniably rebuilt to sell.
In this episode, you’ll learn:
Bandarian focused AMI’s growth using a number of the 8 Key Drivers of Company Value, but incorporating Module 7—Hub & Spoke— of The Value Builder System™ meant that AMI’s future growth wasn’t dependent on Bandarian himself. As a result, he was able to negotiate an exit that didn’t include him staying on in the new company. To find out how dependent your business is on you, complete Module 1 for free right now.