“He liked it when people didn’t put him on the pedestal,” she said.
In 2013, when Britcourt married his legal counsel, Scottcourt, Buffett walked down the aisle knowing that he had lost his father. She was Buffett’s supportive when she told him she was planning to launch her own company in late 2019. Brit Cool recalled her pursuit of her career in the 1950s when she broke up with mentor Benjamin Graham, her renowned value investor, she told her.
Drew Van Pelt, former CEO of Berkshire-owned picture frame maker Larson Jules, said Brit Cool made Cambric a private equity antithesis, just as Buffett did in Berkshire. He said he had positioned it skillfully.
“Who are these jerks the number one reason people don’t want to sell to PE?” Said Van Pelt, a classmate at Brit Cool’s business school she hired for Larson Jules. “It’s the exact opposite of her style.”
In 2020, the company purchased a majority stake in Thirty-One Gifts, a company that sells bags and household items through a network of sales consultants. The company’s founder, Cindy Monroe, followed a turnaround designed by Pampered Chef’s Ms. Britt Cool and wanted to do the same.
In June, Kanbrick signed a second deal and purchased a majority stake in Marine Concepts. It is a patented system that simplifies the process of covering boats.
Believing in the power of relationships, Brit Cool also organizes training programs and events to connect with entrepreneurs and possibly build a pipeline of future acquisition goals. In 2020, her company launched an accelerator program called Build With Kanbrick, inviting mid-sized business leaders to apply for a three-month course on business expansion.
