Garrett Morelock and Dave Scharrer of Monroe Engineering join Tom D’Ovidio and Peter Zimmerman from ShoreView to reflect on the significant growth achieved by Monroe Engineering during a partnership with ShoreView.

The conversation touches on a number of topics, including Monroe’s approach to add-on acquisitions, its use of digital marketing to drive revenue in traditional industrial sectors, rapidly scaling a business while maintaining a cohesive culture, and advice for anyone thinking about using add-on acquisitions to drive growth.

Finally, Garrett and Dave discuss their experience and perspective from now multiple rounds of choosing a financial partner to support their growth strategy.

An entrepreneurial CEO was ready to transition to the next phase of his career but wanted to maintain a board-level role and position his family business for significant growth. A talented executive was seeking an opportunity to leverage his multinational experience and lead a middle market business. Hear first-hand perspectives and advice from both the current and former CEO of Avidity Science on what it takes to accomplish a successful CEO succession and rapidly grow a family business.

Trey Smart shares his perspectives on the lessons learned over a three-decade career working with multiple private-equity backed businesses. Trey’s experiences range from executing turnarounds to massively scaling a family business. In this episode, Trey provides perspectives from his entrepreneurial career on the right questions to ask a prospective private equity partner, common challenges faced by family businesses, and the areas where private equity does and does not add value.