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When Quality-of-Earnings Reveals Cold, Hard Truths

December 9, 2024
December 9, 2024
  |  
7 min read
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Bob Boniface and his ETA search partner went searching for a high quality, blue-collar business in the lower middle market, and found TransTech, a commercial driver's license (CDL) training business in North Carolina. The business had predictable revenue and competed in an essential, growing market. The seller was impressed with the research that Bob and his partner had done into the niche industry.