Middle Market Musings

Episode 44 Bob Whalen, HB Global

December 13, 2023 Andy Greenberg & Charlie Gifford Season 1 Episode 44
Middle Market Musings
Episode 44 Bob Whalen, HB Global
Show Notes

Bob Whalen is CEO of HB Global, a $550-million revenues commercial specialty contracting firm based in Harrisburg, PA.  Bob talks about HB’s evolution since his acquisition of the business and its transition to ESOP ownership in 2008, as well as HB Capital, a private equity vehicle formed to acquire other businesses suited to similar management and ownership.  Some interesting discussion on valuations prevailing in HVAC/commercial services.  Bob opens with his learnings from being a competitive D-1 college wrestler and the relevance to running HB Global.  Andy and Charlie show their prowess as D-1 interviewers, as usual.