Renaud Besançon is the founder of Ceres Industries Capital, one of Europe's leading independent sponsor firms. Free from the constraints of traditional funds, Renaud's team targets "non-vanilla" mid-market acquisitions (€20m-€75m EBITDA), often closing them at 30-40% discounts. After 20 years as a sponsor, with a 30-year WIP investor database, Renaud details how he blends "back-to-basics" PE centered on operational value creation with deal-by-deal pioneership in France.References and how to contact today's guest:Renaud Besançon | LinkedInMinds Capital invests equity into deals by independent sponsors and searchers. For independent sponsors with a deal under LOI, visit Minds Capital to start a conversation. Our website also contains more information about this podcast and for prospective investors.Connect with Minds:See past + future interviews on the YouTube channelConnect with hosts Will Smith and Niklas JamesVisit Minds CapitalCredits:Edited by Anton Rohozov
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1:16:02
Nick Huber: From 400k Followers to $52m Deal
Serial entrepreneur Nick Huber turned a grueling college moving startup into a self-storage real estate empire. By mastering remote work and offshore labor, he cut payroll costs by 70%, lifted sales conversion rates by 35%, and built a defensible operating moat. Chronicling his playbook on Twitter earned him 400,000 followers, and he used that influence to acquire and grow Somewhere.com for $52m.References and how to contact today's guest:Nick Huber | LinkedInMinds Capital invests equity into deals by independent sponsors and searchers. For independent sponsors with a deal under LOI, visit Minds Capital to start a conversation. Our website also contains more information about this podcast and for prospective investors.Connect with Minds:See past + future interviews on the YouTube channelConnect with hosts Will Smith and Niklas JamesVisit Minds CapitalCredits:Edited by Anton Rohozov
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1:47:03
$16m Buyout to $55m Exit in 18 Months
Kevin Ramsier's bought his first company for $60,000 and exited it for $77 million - growing EV by more than 1,000x! He also shares the story about a $55m exit, only 18 months after acquiring it for $16m. With a silky voice and sharp insights, Kevin explains how hiring strong operators drives scale and protects his family from constant relocations. A proud evangelist of the deal-by-deal model, he candidly reflects on striking out on 18 consecutive LOIs over the past year.References and how to contact today's guest:Kevin Ramsier | LinkedInMinds Capital invests equity into deals by independent sponsors and searchers. For independent sponsors with a deal under LOI, visit Minds Capital to start a conversation. Our website also contains more information about this podcast and for prospective investors.Connect with Minds:See past + future interviews on the YouTube channelConnect with hosts Will Smith and Niklas JamesVisit Minds CapitalCredits:Edited by Anton Rohozov
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1:04:29
Solo Sponsor: 5 Deals & 2 Exits
Steven McGrath went from closing deals at billion-dollar family offices to becoming a solo independent sponsor headquartered in a LEGO-strewn basement. He proudly calls his first platform "Apollo 13", a near-impossible mission where he delivered 1x+ MOIC despite 3 Black Swans. Now, after 5 deals and 2 exits, he reflects on his journey as a lean, entrepreneurial, and disciplined sponsor.References and how to contact today's guest:Steven McGrath | LinkedInMinds Capital invests equity into deals by independent sponsors and searchers. For independent sponsors with a deal under LOI, visit Minds Capital to start a conversation. Our website also contains more information about this podcast and for prospective investors.Connect with Minds:See past + future interviews on the YouTube channelConnect with hosts Will Smith and Niklas JamesVisit Minds CapitalCredits:Edited by Anton Rohozov
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1:01:34
Expand Multiple by Zone-Skipping EBITDA
In just 4 years, Bobby Sheth has closed 10 platform deals, a rare pace for an independent sponsor. He focuses not on perfect companies, but on those with fixable issues like supply chain or people risks. Bobby explains how skipping EBITDA zones expands the buyer universe and how conservative deal structures create room to navigate surprises.References and how to contact today's guest:Bobby Sheth | LinkedInMinds Capital invests equity into deals by independent sponsors and searchers. For independent sponsors with a deal under LOI, visit Minds Capital to start a conversation. Our website also contains more information about this podcast and for prospective investors.Connect with Minds:See past + future interviews on the YouTube channelConnect with hosts Will Smith and Niklas JamesVisit Minds CapitalCredits:Edited by Anton Rohozov
Österreich