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#351: [SUCCESS STORY] Keeping Ownership, Leadership, and Cultural Alignment Through 3 Rounds of Private Equity with Drew and Warner from BluSky
Ep.#3 [THEME NINE]
Would you marry someone after only going on a couple of dates with them? Of course not, you would spend plenty of time ensuring you are in alignment (hopefully) for a successful long-term relationship.
So far, in this mini-series, we've been discussing how to achieve ownership and leadership alignment. In this episode, we're taking it a step further and breaking down how to achieve that alignment in the rarest of cases—through three rounds of Private Equity.
In this episode, we're excited to have Drew Bisbing (CEO) and Warner Cruz (VP of Corporate Development) from BluSky, a fast-growing property restoration business with an impressive M&A track record, and an even more impressive ability to maintain an employee-centric culture along the way.
Drew started at BluSky when it was founder-owned and had fewer than 100 employees. In our conversation, he shares how they scaled the company through three private equity firm buyouts and expanded to over 1,300 employees, all while preserving their people-centric culture and vision.
Warner Cruz, who sold his business to BluSky in 2021, bought out his parents' restoration business and grew it to over 100 employees and $30 million in revenue. Warner shares his growth story, his decision-making process during his exit, and how BluSky's hyper-focus on cultural integration during and after the acquisition process won him over.
Drew and Warner explain how BluSky maintains alignment between private equity firms, leadership, and employees, even through complex structures and multiple acquisitions. This inspiring conversation demonstrates that it's possible to achieve alignment, change people's lives, and make a significant profit.
Enjoy!
// WATCH THE INTERVIEW ON YOUTUBE: Intentional Growth™ Podcast
What You Will Learn
What led Drew and Warner to join the private equity space
What led Warren to sell his restoration company.
Why Drew believes a company's attributes and story is so important when trying to partner with other business owners.
How leadership style influences a deal flow
Drew and Warners definition of culture
Why BlueSky encourages owners to think about their people in an exit
Final thoughts: why Drew and Warner recommend not rushing the deal process
// Sign up for the Intentional Growth™ Starter Kit: the kit has intro videos on each of the 5 Intentional Growth™ Principles, the Intentional Growth™ Financial Scorecard along with videos reviewing a case study on how to project out the value of your company, and the entire Intentional Growth™ Podcast Library.
Bio:
Warner Cruz:
Warner became a proud member of the BluSky family in December 2021 and is currently senior vice president of corporate development and a member of the executive leadership team. His passion is working with restoration owners interested in merging their organizations with BluSky and cultivating an atmosphere of valuable benefits, increased opportunities, winning spirit and culture.
As the former president & CEO of J.C. Restoration in Rolling Meadows,
View all episodes
By Arkona - Intentional GrowthEp.#3 [THEME NINE]
Would you marry someone after only going on a couple of dates with them? Of course not, you would spend plenty of time ensuring you are in alignment (hopefully) for a successful long-term relationship.
So far, in this mini-series, we've been discussing how to achieve ownership and leadership alignment. In this episode, we're taking it a step further and breaking down how to achieve that alignment in the rarest of cases—through three rounds of Private Equity.
In this episode, we're excited to have Drew Bisbing (CEO) and Warner Cruz (VP of Corporate Development) from BluSky, a fast-growing property restoration business with an impressive M&A track record, and an even more impressive ability to maintain an employee-centric culture along the way.
Drew started at BluSky when it was founder-owned and had fewer than 100 employees. In our conversation, he shares how they scaled the company through three private equity firm buyouts and expanded to over 1,300 employees, all while preserving their people-centric culture and vision.
Warner Cruz, who sold his business to BluSky in 2021, bought out his parents' restoration business and grew it to over 100 employees and $30 million in revenue. Warner shares his growth story, his decision-making process during his exit, and how BluSky's hyper-focus on cultural integration during and after the acquisition process won him over.
Drew and Warner explain how BluSky maintains alignment between private equity firms, leadership, and employees, even through complex structures and multiple acquisitions. This inspiring conversation demonstrates that it's possible to achieve alignment, change people's lives, and make a significant profit.
Enjoy!
// WATCH THE INTERVIEW ON YOUTUBE: Intentional Growth™ Podcast
What You Will Learn
What led Drew and Warner to join the private equity space
What led Warren to sell his restoration company.
Why Drew believes a company's attributes and story is so important when trying to partner with other business owners.
How leadership style influences a deal flow
Drew and Warners definition of culture
Why BlueSky encourages owners to think about their people in an exit
Final thoughts: why Drew and Warner recommend not rushing the deal process
// Sign up for the Intentional Growth™ Starter Kit: the kit has intro videos on each of the 5 Intentional Growth™ Principles, the Intentional Growth™ Financial Scorecard along with videos reviewing a case study on how to project out the value of your company, and the entire Intentional Growth™ Podcast Library.
Bio:
Warner Cruz:
Warner became a proud member of the BluSky family in December 2021 and is currently senior vice president of corporate development and a member of the executive leadership team. His passion is working with restoration owners interested in merging their organizations with BluSky and cultivating an atmosphere of valuable benefits, increased opportunities, winning spirit and culture.
As the former president & CEO of J.C. Restoration in Rolling Meadows,