MBA, Carnegie Mellon University – 1997
B.S. Industrial Engineering, Virginia Tech – 1990
U.S. Army – Infantry Battalion Commo Officer, Platoon Leader, Airborne & Jungle Warfare Certified – 1990 – 1993
Areas of Expertise
Chris Farls is a serial entrepreneur, Army Vet and the Founder and CEO of Acquisition Mentor, a consultancy dedicated to helping aspiring entrepreneurs find their success by buying small to mid-sized businesses and connecting business owners with competent and passionate next-generation leaders to embrace and build on their legacies.
Farls founded Acquisition Mentor as his ‘second act’ following a successful 30-plus year entrepreneurial career characterized by buying, building, and exiting small to mid-sized businesses. His mission is to follow his calling to serve and passion for Entrepreneurship Through Acquisition by providing services to competent aspiring entrepreneurs and existing business owners.
Prior to becoming an entrepreneur, Farls earned a M.S. in Industrial Engineering from Virginia Tech, served as an officer in the U.S. Army, and earned an MBA from Carnegie Mellon University (CMU).
With the support of a great mentor at CMU, Farls and a fellow MBA graduate partnered to buy their first business and he discovered an entrepreneurial passion for buying, leading, and growing small to mid-sized businesses.
Farls has acquired and grown businesses as an owner operator, turned around struggling companies, bootstrapped start-ups, served as CEO of early stage ventures, recapitalized businesses through private equity funding, and navigated the nuances of mergers and acquisitions.
His business sector experience spans a variety of industries, including Transportation, Value-added Distribution, Manufacturing, Industrial Services, Data Storage, Construction Equipment, Wholesale Distribution, Recreational Vehicle, and Consumer Goods.
With the launch of Acquisition Mentor, Farls has turned his passion for Entrepreneurship Through Acquisition into a purpose. And he is fulfilling his desire to serve by helping today’s generation of budding entrepreneurs find their success through acquisition while helping business owners pass their reins and legacy to the next generation of owner operators.
His approach to Advising and Mentoring combines his book smarts with street smarts and is grounded in being a proud Catholic and Army veteran. He believes being a business leader is an honorable vocation that requires a perspective of servant leadership and a focus on products and services that are truly “good” for society. His definition of business success includes the effective application of modern business principles, tools, and strategy, combined with constant awareness of providing dignified, meaningful work for employees and serving the community.
Farls has been a guest lecturer in Carnegie Mellon’s Tepper School Entrepreneurship through Acquisition class and has been featured in periodicals such as Success magazine.
He also currently serves as a Consultant to turnaround and equity firms focused on small to mid-cap industrial companies.
Farls’ community service includes volunteering at eMentor and Bunker Labs where he mentors military veterans who are considering starting or buying businesses, and at Light of Life Rescue Mission where he helps the homeless find meaning and purpose.
He is always open to connecting with budding entrepreneurs and business owners who could use a helping hand. Click here to schedule a consultation.