Founded in 2013 in New York City. Whitestone has graced the Inc 5000 List for Fastest-Growing Private Companies in America the last seven years.
Founder and President Joe Sommer has led a superstar sales team and is looking at growth through both organic sales and acquisitions, they recently acquired Merchful (who operates in Canada and Europe) and they acquired San Francisco-founded distributor Design Like Whoa.
In 2020, Joe was recognized as Entrepreneur of the Year at skucon and this year, honored as ASI’s Entrepreneur of the Year.
This is his third time to join us on the skucast, our first episode was back in 2018 and it was about “How Failure Drives Success." Today we talk with Joe about:
- Why you should consider adopting M&A as a growth strategy
- How deal structures need to be arranged per acquisition (but, there are common qualifiers)
- The impact the commonsku platform has had on M&A activity
- Plus we dive into Joe’s short term vs. long term business planning tips
How commonsku makes acquisitions easier
