Andrew Gazdecki explains why he turned down acquisition offers to protect his team. He asked buyers directly if they'd guarantee six to twelve months of employment for staff, and only trusted the managing partner of HSR Capital when he proved it through actions before signing.
I fully and truly honestly believe that the team came first. Culture was the most important thing to me. And I wanted to make sure that legacy of good culture was gonna be able to transition over. And so I asked all the buyers very bluntly and honestly, like, what are your plans with this? Like, can you guarantee that everyone has a job 6 months into the future, 12 months in the future? And so the managing partner at HSR Capital, who is now the president of Strathdev, was very much a people person, a genuine individual who didn't just tell me the things that I want to hear, but I believed it. I was able to see him before before we ended up actually closing in real time through his actions, reassured me of what I thought was the case before I signed that LOI.
The Buyers Who Made the Move: What They Bought, How They Did It, and What Happened Next
