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_this-billionaire-bought-over-a-thousand-small-businesses-and-never-lost-a-dime.webp "Staying small is working out big time for Shore Capital. Their average internal rate of return on its 14 exits, all in health care, is 53%, net of fees. That’s nearly triple the average net IRR of U.S. buyout funds raised since 2009, according to data from Cambridge Associates. After Shore took its 20% to 30% cut of profits, its exits multiplied investors’ money by 5.5 times on average, also nearly triple the average total value to paid-in capital multiple of U.S. buyout funds raised during that period. Shore has never unloaded a company for less than three times cost before fees, nor, it says, has it ever suffered a loss. “Those are top 1% returns in private equity,” marvels one investor who asked not to be identified, citing his organization’s press policy. “That’s rarefied air, right? That’s more like venture capital than a traditional buyout firm.”<br/><br/>Ishbia and his team have acquired more than 1,000 mom-and-pop shops across the country (average cost: $15 million) since Shore’s 2009 founding and rolled them up into 61 larger chains of things including autism treatment clinics, bakeries and exterminators. “We’re buying businesses in Akron, Ohio, and Pittsburgh, and Birmingham, Alabama,” Ishbia says. “There’s more low-hanging fruit for me. It’s Joe Schmo on Main Street.”<br/><br/>Shore then invests in computer systems and equipment, stacks the businesses’ boards with industry veterans and hunts for complementary companies in adjacent markets. “We’re just buying and buying and buying,” says Ishbia, who insists Shore doesn’t take on as much debt as other private equity firms and doesn’t cut services or head count. “The private equity world gets a bad rap for ‘buy this, slash that.’ We are growth—we have almost 35,000 employees and hire thousands per year.”<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/mattdurot/2024/04/08/this-main-street-billionaire-bought-over-a-thousand-small-businesses-and-never-lost-a-dime-justin-ishbia/?sh=3140aa9e39ee<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_92.webp "A woman says other mums shame her for her naturally “good looks” and “figure” because they are \")
_spring-101-wellness-and-beauty-buys.webp "The latest and greatest must-haves to get your spring game in check. Nothing makes you look and feel as good as when you know your teeth are really clean and bright white - but reality checkup - when it comes to a whiter smile, not all toothpastes whiten the same and your current, basic toothpaste likely isn't cutting it. Crest 3D White Brilliance Toothpaste, Vibrant Peppermint delivers a noticeably whiter and brighter smile in just three days by removing 100% more stains and you're just left with pearly whites. It tastes great too and gives you that extra confidence boost that you need, because when you're confident, you smile more, and nothing is more beautiful than smiling. Get it at crest.com and retailers nationwide. If you're looking for a spring refresh for your hair especially after the harsh cold weather, Pantene has recently launched an amazing shampoo and conditioning duo that gives you luxury results without the luxury price tag, you can get it right at Walgreens. Pantene Pro-V Miracles Infinite Lengths Shampoo and the Pantene Miracle Rescue Deep Repair Conditioner. The conditioner is really the star with Melting Pro-V Pearls that visibly repair six months of damage and just leave your hair soft and healthy. It works as well as the leading $60 hair bonding competitors out there. The shampoo has biotin and collagen and delivers 90% less hair breakage in your strands to promote length that lasts and gives you healthy hair from the inside out. Grab them both at Walgreens. Now of course the start of spring and warmer weather also means the start of allergy season for a lot of us. Allergies can majorly impact how you feel of course but also how you look due to sneezing, runny nose, and itchy, watery eyes and throat. If that's you try Xyzal, it helps so much giving you 24-hour continuous relief so you can feel and look your best all day long. What makes Xyzal unique from other allergy medications is that you take it at night to relieve symptoms while you sleep so you can wake up refreshed and ready for the day, when pollen levels are at their worst. You can find Xyzal at food, drug and mass retailers like Walmart, Target, CVS, and Walgreens. For more info visit xyzal.com .")
_shinchan-s11-ep471124124shinchan-in-hindi.webp "#shinchan_cartoon #doraemonnewepisode #shinchan_in_hindi_without_zoom_effect_in<br/>#doraemonnewepisode #doraemonandnobita #shinchan_in_hindi<br/>#shinchan_in_hindi #shinchan #Shinchancartoon Shinchan NO ZOOM effect viral hindi episode | New shinchan hindi episodes | Crayon shinchan Shinchan no zoon effect video in hindi shinchane new episode #Shinchancartoon #shinchan_in_hindi #shinchan_in_tamil #shinchan_cartoon #shinchan _shinchan #shinchan_new_episode_in _hindi #shinchan_in_hindi_without_zoom_effect_in shinchan in hindi without zoom effect in hindi new episodes 1 hour shinchan in hindi without zoom effect in hindi new episodes shinchan in hindi without zoom effect in hindi new episode horror shinchan in hindi without zoom effect in hindi new episode 2021 shinchan in hindi without zoom effect in hindi new episode 2022 shinchan in hindi without zoom effect in hindi new episodes 2021 horror shinchan in hindi without zoom effect in hindi new 1 hour shinchan in hindi without zoom effect in hindi new food hindi_new shinchan new episode shinchan song shinchan movie in hindi shinchan old episodes in hindi shinchan in hindi without zoom effect in hindi new shinchan in hindi without zoom effect in hindi nevw horror #doraemon #doraemongame #doraemonnewepisode Doraemon New Episode 2023 - Episode 01 - Doraemon Cartoon - Doraemon In Hindi - Doraemon Movie #doraemonandnobitafriendship #doraemongame #doraemonnewepisode #doraemonandnobita #doraemongame #doraemonnewepisode #doraemon #doraemonandnobita #cartoonbuddy Doraemon new ep in Hindi | Party episode | Doraemon new movies hindi | Doraemon In Hindi | Doremon Doraemon New Episode 2023 | Doraemon Cartoon | Doraemon In Hindi | Doraemon Movie Doraemon Latest Episode || Future Antina| Doraemon Cartoon in Hindi || Doraemon New Episode in Hindi Copyright Disclaimer under section 107 of the Copyright Act 1976, allowance is made for \")
_nt-indigenous-community-yarralin-unable-to-get-enough-food-in-to-feed-300.webp "The leaders of a remote NT indigenous community cut off by flood-damaged roads say children are becoming malnourished and adults are getting sick because they can't get enough food. For four weeks the NT Government has been flying some food into Yarralin after Cyclone Megan damaged roads. But after one more week of food aid, to be flown in by the Federal Government next week, the community has been told assistance will end.")
_carers-strike-and-protest-in-george-square.webp "STRIKING CARE WORKERS RALLY FOR FAIR PAY<br/><br/>Union warns councils not to scapegoat women workers for looming financial calamity<br/>Councils must not scapegoat women workers for multi-million pound equal pay claims threatening to bankrupt them, according to GMB Scotland secretary Louise Gilmour.<br/>She warned women fighting for fair pay must not be blamed for the financial calamity threatening to<br/>engulf some local authorities.<br/>Gilmour spoke out as home care workers striking across three council areas gathered in Glasgow to demand their pay reflects their roles and responsibilities.<br/>The union warns most councils are still failing to engage with the claims for equal pay while unfairly suggesting the money should be spent on threatened services.<br/>Gilmour said: “We know local authorities are struggling to make ends meet and we know why.<br/>“But to suggest women workers are somehow making things worse by asking for money they are owed and, in many cases, have been owed for years is as dishonest as it is disgraceful.<br/>“To blame equal pay claims instead of the systemic pay discrimination that has prevailed in our<br/>councils is scapegoating workers only asking for what they are owed.<br/>“It is an attempt to guilt women into believing they are being greedy and risking men’s jobs by simply asking for what they are due and have been due for years and years.<br/>“The cost of settling equal pay issues is looming over Scotland’s local councils but is not about<br/>women, it is about fairness and has been too long coming.”<br/>Strikes involving the union’s members working in home care across Falkirk, Renfrewshire and West Dunbartonshire Councils are underway this week.<br/>GMB Scotland, representing relatively low-paid women across the public sector, has warned claims<br/>totalling tens of millions of pounds will risk sinking local authorities without government<br/>intervention.<br/>Gilmour has written to first minister Humza Yousaf urging him to support the creation of a new specialist body to decide on pay discrimination claims across the country and enforce awards because local authorities are refusing to face reality.<br/>Gilmour said: “Scotland’s councils are approaching equal pay claims like the Titanic approaching the iceberg.<br/>“Councillors have their heads in the sand and executives have their fingers in their ears but these equal pay claims will come, will be won and will need to be settled.<br/>“It is understandable that our councils are refusing to acknowledge the reality because the reality is unthinkable and the scale of these claims unimaginable for local authorities already being forced to cut services.<br/>“Women who have been underpaid for far too long will still win these claims, however, and, unless that process is properly managed now, the impact on our councils and the communities they serve could be disastrous.”<br/>Care workers, mostly relatively low paid women, are striking in Falkirk, West Dunbartonshire and Renfrewshire council")
_cancer-research-uk-shop-opens-in-oakham.webp "Steve Bent cuts the ribbon to open the new Cancer Research UK shop in Panniers Way, 0akham, with his wife, Sue and store manager Fiona Riley")
_bullied-for-being-albino-but-i39ve-embraced-my-pale-skin-and-white-hair.webp "Credit: SWNS / Fleur Van Der Ven<br/><br/>A woman bullied for being albino has embraced her pale skin and white hair and says kids now often mistake her for Elsa from Frozen. <br/><br/>Fleur Van Der Ven, 20, didn't realise she was different until she was seven and other children started to avoid her - cruelly calling her a vampire and a ghost. <br/><br/>She claims she was picked on for her appearance - which left her dyeing her locks dark brown and coating her white eyelashes in black mascara.<br/><br/>But at the age of 15, Fleur learnt to embrace her albinism and stopped dyeing her hair and wearing a full face of make-up. <br/>")
_rishi-sunak-defends-nhs-waiting-list-figures.webp "Rishi Sunak has defended backlash from the latest NHS figures which show waiting lists have risen by 330,000 since he promised to cut them, insisting that the government's plan is working. \")
_top-10-celebs-whose-hair-got-ruined-because-of-a-role.webp "Some roles are hair-raising! Welcome to MsMojo, and today we’re counting down our picks for the times when celebs' tresses were fried, cut and/or damaged due to their jobs.")
_trump-slams-biden39s-handling-of-inflation-claims-administration-has-39lost-control39.webp "Former President Donald Trump criticized Biden's handling of inflation, saying it has \")
_world-leading-laser-beam-that-travels-at-speed-of-light-to-be-fitted-on-royal-navy-ships-by-2027.webp "A new British military laser could be rushed on to the front line in Ukraine to take down Russian drones, Grant Shapps has suggested.The DragonFire weapon, which is expected to be ready for deployment by 2027 at the latest, could have “huge ramifications” for the conflict in Europe, the defence secretary said.New reforms aimed at speeding up procurement mean the laser, originally set to be rolled out in 2032, will now be operational five years earlier than planned, according to the Ministry of Defence.Laser-directed energy weapons (LDEWs) use an intense light beam to cut through their target and can strike at the speed of light.")
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