If you are looking for investors to fuel your acquisition plans, first consider what’s driving those plans. Jeff Crane, CEO of Lewis-Goetz and Company, an industrial rubber products distributor whose fast growth has been due in part to an aggressive acquisition strategy, said in an interview with MDM that companies need to identify what they need to implement their long-term growth strategies. Lewis-Goetz brought on private equity firm Audax Group as a partner, providing access to capital that would allow the distributor to grow and let an owner take some chips off the table.
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Lewis-Goetz was acquired by ERIKS Group in late 2011.
Read the full interview with Crane: Lewis-Goetz’s Focused Growth Strategy