# The Origins and Future of a 9-Figure SMB Holdco Page: https://stenobird.com/podcast/acquiring-minds-3909119/the-origins-and-future-of-a-9-figure-smb-holdco Text version: https://stenobird.com/podcast/acquiring-minds-3909119/the-origins-and-future-of-a-9-figure-smb-holdco.md Podcast: [Acquiring Minds](https://stenobird.com/podcast/acquiring-minds-3909119) Published: 2026-05-18T07:00:00+00:00 Episode link: https://acquiringminds.co/articles/gant-elmore-matt-moldenhauer-elmore-companies Audio file: https://media.transistor.fm/54f7253b/1fb5f27c.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/acquiring-minds-3909119/episodes/the-origins-and-future-of-a-9-figure-smb-holdco Duration seconds: 6597 ## Resource Gant Elmore and Matt Moldenhauer each bought $2m businesses they built over years. Today their holdco does over $200m. Register for the webinar: Revenue Recognition & Quality of Revenue in SMB Deals - TOMORROW!! - https://bit.ly/4dMvx4w Topics in Matt & Gant’s interview: 3 generations of acquisition entrepreneurs Matt started as operator, became partner Bain mentors warned Matt not to do ETA Goal of owning 50 companies by 2050 Being the Ferrari in a price-competitive industry Why they prefer holding to exiting Challenge of giving control to an operator Gant and his dad teach ETA together War stories from small business operations Demand exceeds supply of great businesses References and how to contact Matt & Gant: Elmore Companies matt.moldenhauer@elmorecompanies.com Matt’s LinkedIn Gant’s LinkedIn Download the New CEO’s Guide to Human Resources from Aspen HR: From this page or contact jenny@aspenhr.com Get a free review of your books & financial ops from System Six (a $500 value): Book a call with Tim or hello@systemsix.com and mention Acquiring Minds Get a complimentary IT audit for acquisition diligence or post-close transition. Visit inzotechnologies.com/eta . 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 and produced by Pam Cameron ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/acquiring-minds-3909119/episodes/the-origins-and-future-of-a-9-figure-smb-holdco/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/acquiring-minds-3909119/the-origins-and-future-of-a-9-figure-smb-holdco.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.