Think you can spot a great acquisition?
Analyze real SMB deals, make the calls before seeing the answers, and find out where your acquisition judgment ranks.
See where you rank →Make the call before you see the answer.
Read the deal. Commit to your decision. Then see the verdict.
A residential pool service business outside Phoenix: $780K revenue, $295K SDE, asking $944K (3.2x). Four routes — three W-2 techs costing $60k each fully loaded, plus the owner, who drives the fourth himself and writes every repair quote. the add-backs supporting SDE include $58K of the owner's wages, $9K of personal auto and health insurance, and a one-time $12K compressor replacement. The buyer is a career-changer who plans to run the business and hire a fourth tech rather than drive. The listing calls it semi-absentee.
Which addback do you push back on?
How good are you, really?
Where do you rank?
Every challenge is scored against the same rubric, so you can see how your acquisition judgment compares with other buyers.
- 1Tommy71
What separates a good acquisition call from a bad one?
Your score tests the parts of acquisition judgment that matter when deciding whether a deal deserves your time and money.
Your score isn't just about getting the answer right. It's about recognizing the risks, tradeoffs, and diligence that matter.
The leaderboard gets you in. The feedback makes you better.
After every decision, see the model answer and exactly where your reasoning held up or fell short.
Competition is the hook. Better acquisition judgment is the point.