ATM Marketplace Interviews Nick Pellegrino
Company Acquisitions: How to Not Only Survive, but Thrive
Although acquisitions are a business norm, since the coronavirus pandemic, the number of companies being acquired seem to have ramped up. ATM Marketplace interviewed Nick Pellegrino, president of SVW, a company recently acquired by Powerhouse, and asked him to share his thoughts and insights about the acquisition and the future for SVW.
Acquisitions. Is it a blessing, a curse or somewhere in the middle? Due to the coronavirus, many companies are finding themselves facing acquisitions with serious concern but an acquisition may actually be a smart strategy.
But how does a company with a 30-year reputation for quality execution and customer care become part of another company altogether? Does the acquired company lose its identity or incorporate the values of the company that acquired them? Does a company continue with ” business as usual” or does everything, including its product labels change?
ATM Marketplace interviewed Nick Pellegrino, president of SVW, now a Powerhouse company, and asked him to share his thoughts and experience during the recent acquisition of SVW by Powerhouse.