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Re: Level2Me post# 40994

Monday, 03/23/2015 1:25:53 PM

Monday, March 23, 2015 1:25:53 PM

Post# of 63559
My partner and I typically talk to management before coming out with a recommendation- it's part of our due diligence. We had a great phone chat last week.

In this case I was very impressed with Jim Nelson and the business plan of growth through acquisition of the right companies- not rebuilding "project" companies, but good investments that make an immediate/positive impact to sales/income.

This works best if you have a competent management in place who is well acquainted/experienced in M&A transactions and can make the most of acquisitions without overlap and trim fat where possible. We feel this is the case here with Tracy Welch, the new CFO who has overseen 36 various and successful integrations/acquisitions.