This is Derek Miller Speaking on Business. The Decada Group acquires companies from business owners wanting to retire, but whose leadership team wants to remain and operate for the long-term. CEO Chase Murdock formed Decada two years ago and has more.
CHASE MURDOCK:
Our focus at Decada Group is to own and operate a collection of small businesses that provide positive impacts in our communities. When we buy a business, we work hard to honor the founder and the company’s legacy, picking up where they left off to take the business into its next chapter.
Over 10,000 baby boomers retire every day and of those nearly twenty percent are small business owners whose retirement is predicated on their ability to transition their legacy into competent hands.
Decada Group helps provide that transition, supplying a regimented approach to team building, solid strategy, and working capital so that these businesses can thrive and fulfill the visions on which they were founded.
As a holding company, we’re entirely self-funded, which means we don’t have outside investors. This allows us to operate with long term values and think in decades. Hence, our name: Decada Group.
DEREK MILLER:
Chase Murdock and his team are building a collection of eclectic and diverse small businesses in Salt Lake City. Check out the company’s website Decada-Group.com to learn more. I’m Derek Miller with the Salt Lake Chamber, Speaking on Business.
