INTERVIEW · PROFESSIONAL BUYER · PART 1 · 2025

I Buy Businesses For a Living

Jonathan Jay interviews Nathan Winch — a biologist-turned-acquisitions entrepreneur who has bought millions of pounds worth of businesses. Nathan reveals his entire system: direct-to-vendor outreach, SPV structures, and how to minimise cash in every deal.

30 min 38 sec Jonathan Jay & Nathan Winch Part 1 of 2

Biologist

Where Nathan's career started

£39m NHS Contract

His first major commercial win

Serial Acquirer

Millions of £ in acquisitions

About This Interview

Nathan Winch's route into business acquisition is unlike most. Starting out as a biologist, he spotted a monopoly held by NHS cleaning consumable suppliers, won a share of a £39 million contract, then sold that business to a chemical supplier — realising that selling a business can generate more money than simply running it.

After a stint investing in startups (which taught him that acquiring established businesses offers a faster and more realisable return), Nathan began buying companies with turnovers of £200k–£400k, adding value, and selling them on.

Today, Nathan runs a full-time acquisitions operation with an internal team that generates deals without using a single business broker — going direct to retirement-minded directors to control the narrative, build rapport, and minimise cash in each transaction.

What You'll Discover

  • Nathan's unusual career path — from biologist to winning a share of a £39 million NHS contract
  • Why selling a business can generate more wealth than operating one — and how this realisation changed everything
  • How to target retirement-minded directors as sellers and why they make the best acquisition targets
  • Why Nathan's team go direct to vendors — and how this gives them control over the narrative and builds stronger rapport
  • How to use Special Purpose Vehicles (SPVs) to compartmentalise risk across a group structure
  • The importance of setting up a group structure correctly from the start — and the long-term cost savings it brings
  • Why many accountants and lawyers give lazy advice — and how to find professionals who genuinely work in your best interests

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