Episode #109
Ep. 109 - Private Equity: Exiting the Utility Space with Shenar Wood
Scaling a heavy civil operation often means suffocating under debt and yellow iron. Shenar Wood from Practical Grit, outlines his exact path from directional drilling to a strategic private equity rollup. Operators routinely bleed cash by mismanaging field production and running blind on financial data. Shenar breaks down the steps he took to prepare his underground utility company for a profitable exit. He shares the brutal cost of untangling messy accounting and why hiring a fractional CFO is non-negotiable for contractors wanting to increase margins. For heavy civil owners drowning in personal guarantees, this conversation delivers a clear roadmap to sell your company. Subscribe and share this episode with a fellow operator looking to clean up their operations. What specific metric are you tracking this week to increase job site profitability? Support the show Check out our Sponsors: PayDirt Support: paydirtsupport.com Trainual: trainual.com/bluecollar Bolster Built: bolsterbuilt.com Nextiva: nextiva.com Tune in to the Blue Collar Business Podcast with Sy Kirby for the rawest, most relevant stories behind building a successful business in the trades. New episodes drop every Wednesday at 5 am CST—put your boots on and get ready to level up. Follow and stay connected: Website: bluecollarbusinesspodcast.com YouTube: youtube.com/@BlueCollarBusinessPodcast Instagram: @bluecollarbusinesspodcast TikTok: @bluecollarbusinesspod Facebook: B...
