What Was the Hardest Part of the Acquisition? – Ask JP #088



Hello, everybody, it’s an episode of Ask JP. Today’s question, what was the most difficult thing about the acquisition of The Moery Company by Advancea? That’s a great question, and I’ve thought about it a lot.
1: Self-awareness and recognition
First, I think the recognition or self-awareness that additional resources could make the difference in a new Moery organization and help it flourish was very important, and that may or may not involve you as the leader. That kind of self-awareness or recognition was a big thing, and it was difficult.
I mean I wasn’t working off of a playbook. Even after a decade-plus, I was still learning. We’re kind of in a startup phase, but I recognized what was happening in the association space. The opportunities that were coming at us as an organization after associations were emerging from COVID, I knew we needed a partner to fully embrace all the opportunities and have the resources in place to do that.
2: Telling the team
Secondly, the other was letting the team know.  I’ve mentioned this before but, the company was my best friend, still is. The team was my family in a way. I’ve always said that business is personal, and so that was very difficult and complex to handle. At the end of the day, I believe that it was the best thing for the team and the company for a new era and the next level.
Those are the two things that were the most difficult.  One was the self-awareness that a new acquisition could be best, and the second was how to work that through with your family, your corporate family if you will.
I didn’t come from much, and we started this company a little bit from scratch. Would I do many things the same way? Yes. Would I do some things differently? For sure.  It’s been a great ride, and I’m really excited about the new journey, not only for The Moery Company but for myself. Thanks for the question. I enjoyed answering it and telling you about it. Be well.


Related Posts

Need Help?

Follow Us

About the Author

Get in Touch


803 W. Broad Street, Suite 730, Falls Church, VA 22046


(571) 814-3443