Welcome back to Season 3 of Empowered Owners!

In this episode, Chris Fredericks, host and CEO of Empowered Ventures, discusses key milestones and achievements from the past year. He highlights the acquisition of Benoure Plumbing while also celebrating the ESOP’s success in surpassing a long-term goal ahead of schedule.

Looking forward, Chris outlines new multi-year goals and improved processes for future growth. He also introduces new team members, Christine Webb and Casey Grisez, who will be featured in upcoming episodes.

You won’t want to miss it.

In this episode, you’ll learn:

• Achieving Long-Term Goals Ahead of Schedule: Empowered Ventures reached a major milestone by growing its share price from $22 to $85 a year ahead of its 2025 target, showcasing its employee-owners collective efforts and dedication.
• Refining Acquisition Processes: Developing post-closing and due diligence playbooks has greatly improved the company’s acquisition approach, ensuring smoother transitions for newly acquired businesses like Benoure Plumbing, Heating, and Air Conditioning.
• Sustainable Podcasting Approach: After initially releasing episodes weekly, Empowered Ventures is returning to a more sustainable bi-weekly schedule, ensuring each episode remains impactful and thoughtfully produced.

Jump into the conversation:

(00:00) Introduction and update on Empowered Ventures 

(00:43) Acquisition of Benoure Plumbing, Heating, and Air Conditioning 

(01:22) Achieving the share price growth goal a year early 

(02:35) Development of post-closing playbook for smoother transitions 

(03:34) Creation of due diligence playbook for future acquisitions 

(04:36) Adding new team members: Christine Webb and Casey Grisez 

(05:15) Announcement of the podcast going back to a bi-weekly schedule 

(06:11) Gratitude for the progress and support from employee-owners