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In 2005, Scott kickstarted his entrepreneurial career in the cottage country of Muskoka, Ontario by setting up five small businesses. From wakeboard camps to a painting business, by 2010, all five ventures had closed their doors.
The most bitter of these closures being Basecamp, the most recognized wakeboard camp globally, boasting four locations and a team of over 30. Looking back, Basecamp would still be around today with the proper succession planning.
Starting From Scratch
In 2011, Scott set his sights on the mountain town of Revelstoke, BC. Upon arrival, he ventured into the world of food and beverage, starting Duke’s Dogs (hot dogs) and turning a profit early on.
The profits paved the way for something bigger, and that same year, he founded Stoke FM. To this day, its waves continue to broadcast across Revelstoke.
Scott also served as a City Councillor for four years, all while scaling Revelstoke Property Services (RPS) with his partner. In 2018, they sold RPS to Western Trust – a private equity firm based in the United States.
Diving Into M&A
Assisting other owners to sell their businesses began back in 2014. Scott’s first deal closing (sale) was a charming Italian restaurant run by a couple who had been trying to sell for years, with two failed attempts from other brokers.
While still operating RPS, Scott also orchestrated the sale of a movie theatre, print shop, spa, bakery, and burger shack. The thrill of unlocking the value in these businesses and passing on the entrepreneurial spirit resonated with him.
With early wins under his belt, Scott decided to double down in the exhilarating world of Mergers & Acquisitions (M&A). To better serve clients of all sizes and complexity, he dove headfirst into years of formal education and eventually founded OpnRoad.