In Good Companies

Whether you’re selling a business or buying into one, it’s a big deal. And when the stakes get high, so do emotions. On this episode, we dive into the human element of mergers & acquisitions. What’s it like to sell your business? How do you navigate change? What can you do to build trust?

Fortunately, we spoke with two people who have experienced the whole spectrum of M&A transactions. Father and son team George & Joshua Robertson run GrowCo Capital, an investment firm based out of Fort Worth, Texas. But before they were in venture capital, they ran their own businesses, including National HME. Hear the story of how George and Josh navigated the strategic partnership and eventual sale of their family business, and the lessons they now bring to the buy-side. We’ll explore how to manage your emotions, communicate with employees, and set a clear vision, so that everyone can win. 

So listen in and find out: how do you deal with the deal?

Highlights:
  • The Robertsons’ family background (2:05)
  • Planting the seeds for National HME (4:40)
  • National HME: the early years (7:43)
  • Why the Robertsons went looking for strategic partners (8:54)
  • How they chose partners (10:02)
  • Managing emotions (12:06)
  • How George and Josh adapted to new partners (14:22)
  • The golden nugget (16:41)
  • Communicating with employees (18:03)
  • Saying goodbye to the company you’ve built (19:23)
  • Having values at your core (21:47)
  • George and Josh on the buy-side (22:53)
  • Using what they’ve learned (23:57)
  • Channeling emotion towards a goal (26:13)
  • MasVida Health and the future for the Robertsons (28:17)

Links:

Feedback:
If you have questions about the show or topics you'd like discussed in future episodes, email our producers, sheena.cochran@cadencebank.com or danielle.kernell@cadencebank.com.

What is In Good Companies?

Starting and running a business or managing one isn’t for the faint of heart. You’re balancing internal and external forces in a continually changing landscape. This is where Cadence Bank’s In Good Companies comes in. We share our wealth of knowledge–and insights from noted industry experts–to guide you through the forces shaping business today.

It’s hosted by Patrick Pacheco, an EVP and President of Cadence Asset Management and Trust, who has more than 25 years’ experience and is a self-proclaimed lifelong learner. He leads discussions with business owners and subject matter experts about how they’re tackling business challenges like:

● What are ways to grow my business without growing my debt?
● How can I turn my data into meaningful information?
● Why is company culture more important than ever?

It’s information you need, in one place, in under 30 minutes. More than 250,000 listeners tune in each week. Shouldn’t you?

ABOUT OUR HOST
With more than 25 years’ experience in wealth management for business clients and a penchant for hosting, Patrick Pacheco is an EVP and president of Cadence Asset Management and Trust, and presenter of the bank’s In Good Companies podcast, now in its fourth season.
His background features years of legal practice and multiple degrees, including a Master of Taxation from University of Houston, a law degree from Southern Methodist University, and both a Master of Business Administration and Bachelor of Science in Economics from University of Texas at Arlington.
Pacheco describes himself as a lifelong learner and someone who loves asking questions–probably the ones you’re thinking about too. He’s especially excited about season four because of the diversity of topics and guests who will not only share their wealth of knowledge, but listeners will also get tips and tricks they can use in their own businesses, careers and professional lives.