Gregg Gallant is the CEO and President of Quantum Exploration, a privately-owned oil and gas exploration company. Previously, he was the President and CEO of Allegient IT Services, which was acquired by DMI in 2016. He has over 20 years of experience in operations, technology, and sales with quickly growing, mid-sized organizations.
Here’s a glimpse of what you’ll learn:
- Gregg Gallant describes his experience selling Allegient IT Services to DMI
- The financial details and structure of the sales transaction
- The challenges of integration and what Gregg would do differently now
- How Gregg ended up in the oil business
In this episode…
Should you aim for shared equity or cash? Should you plan an earnout? What’s the best way to structure the sale of your company?
CEO and President of Quantum Exploration, Gregg Gallant, describes the process of selling the company and recently getting a second bite. With host Todd Taskey, Gregg explains the financial deals and structure of the first transaction, lessons he learned along the way, and his current business goals.
Resources Mentioned in this episode
Sponsor for this episode…
This episode is brought to you by Potomac Business Capital, where we help businesses in the lower middle market maximize their value.
By putting a unique twist on the typical banking process, we create satisfied, wealthy clients who make an impact on the world.
Over the past 15 years, we have perfected our strategies for M&A advising and exit planning to guide clients through everything — from pre-deal planning to closing.
To learn more, visit potomacbusinesscapital.com or email todd@potomacbusinesscapital.com.
This episode is also brought to you by Trivest.
Trivest is a top private equity firm created specifically for founders and family-owned companies. They have completed 300+ transactions and are on Inc. Magazine’s Founder Friendly list for 2019 and 2020.
To learn more about Trivest, visit Trivest.com/secondbite.