Podcast: executive sessions – successfully merging companies & cultures
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In this episode of Executive Sessions, we dive into the complexities of successfully merging two companies. Ryan McComb, a Managing Director on the Transaction team, and Dan Stoettner, CEO of A. M. Castle & Co., walk through the merger of Banner Industries and Castle Metals.
Ryan and Dan discuss how to identify merger opportunities that expand capabilities, unlock new markets, and create value. They highlight the critical role of cultural alignment, sharing how a “best idea wins” mindset, free of “us versus them” mindsets, unified two distinct organizations. The conversation also explores the importance of early integration planning, open communication with employees, and using merger challenges as a catalyst for process improvements and future growth.