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Article: One bite at a time: one successful MBO is a stepping stone to another for Prince Albert entrepreneur.(Management Buyouts)
- Article from:
- SaskBusiness
- Article date:
- March 1, 2009
- Author:
CopyrightCOPYRIGHT 2009 Sunrise Publishing Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Fourteen years ago Brent Pauli was working for a printer in Saskatoon and got to know a print broker in Prince Albert named Bun Young who operated a business called, not surprisingly, A.M. Bun Young Business Forms. Then he had an idea.
"I always thought I'd like to stay in this province and own my own business," Pauli recalls. So, one day, he went for a purposeful coffee with Bun Young.
The next step was to return to Saskatoon and announce to his wife, "We're quitting our jobs, selling our house and moving to Prince Albert ... and we're still married."
Initially, Pauli bought an 11 per cent stake in the Prince Albert business with an eye to ...