Episode 23: Kendall Hoyd, CEO of the Sharpen Group

Are you interested in building a sustained business model that thrives whether you are there or not?   Are you facing scaling or turnover challenges?   Are you curious about what drives a building products business to sell for 6-8x EBITDA instead of 3x EBITDA?   This episode’s guest is one of the building industry’s top operators, Kendall Hoyd, CEO of the Sharpen Group. His track record includes taking a $5m business that was red on the profit line to $25m with double-digit profits. He was a C-level leader with Trussway, a $250m company achieving high returns, then moved on to Residential Design Services/Interior Logic Group, a subcontractor installing cabinets, countertops, and flooring. There he inherited $110m and grew it to $375m, with ownership evolving from founders to private equity to a publicly-traded structure.