# 40% Growth in Year 1 of a Paving Business

Page: https://stenobird.com/podcast/acquiring-minds-3909119/40-growth-in-year-1-of-a-paving-business
Text version: https://stenobird.com/podcast/acquiring-minds-3909119/40-growth-in-year-1-of-a-paving-business.md
Podcast: [Acquiring Minds](https://stenobird.com/podcast/acquiring-minds-3909119)
Published: 2026-03-23T07:00:00+00:00
Episode link: https://acquiringminds.co/articles/eric-donahue-peninsula-paving
Audio file: https://media.transistor.fm/3e437d76/8e1a656c.mp3
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JSON: https://stenobird.com/v1/public/podcasts/acquiring-minds-3909119/episodes/40-growth-in-year-1-of-a-paving-business
Duration seconds: 5602

## Resource

Eric Donahue quickly grew revenue to $6m thanks to operational enhancements, culture tweaks, and a little good luck. Register for the webinar: What Actually Makes a Good Deal? Patterns from 1,000+ Transactions - Thurs March 26th - https://bit.ly/4lT2ajG Topics in Eric’s interview: Navy SEAL career and retirement Performing the basics at a high level His tree service side hustle Old school proprietary search Buying an off-market paving company Forgoing SBA for a conventional loan Working in the field to learn the asphalt trade 40% revenue growth in 13 months Splitting his crew to keep the team productive Using his military clearance to win jobs References and how to contact Eric: LinkedIn Peninsula Paving Hunter at Hanger Law Learn more about Walker Deibel's done-with-you buy-side advisory: The Acquisition Lab Get complimentary due diligence on your acquisition's insurance & benefits program: Oberle Risk Strategies - Search Fund Team Download the New CEO’s Guide to Human Resources from Aspen HR: From this page or contact jenny@aspenhr.com Connect with Acquiring Minds: See past + future interviews on the YouTube channel Connect with host Will Smith on LinkedIn Follow Will on Twitter Edited by Anton Rohozov Produced by Pam Cameron

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## Transcript

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