You know, Troy, in my opinion, there are two types of entrepreneurs. No, that was never really part of the plan. I’m curious - when you started the firm, did you have this big vision of building a large successful investment bank that might have a big exit like this? So, fast forward to today, you’ve built one of the most respected investment banks in the middle market, and you just had a huge exit to B. And now, when the stakes actually matter to the client, it’s a lot more motivating. I think it was that moment that was a real eye-opening moment for me because I realized it wasn’t banking I didn’t enjoy anymore. So what was the impetus to make the final decision - I’m not gonna go back to a bulge bracket, and I’m gonna start my own firm. And so doing the same thing in banking at Merrill was great, but when you have a real emotional connection, it really sticks. I really realized it’s not what you do or how you do it that matters, it’s why you do it.
We closed the deal, and we were at the closing dinner, and he turned around to me and said because of us and what we did, his autistic son would never have to worry again. We had this one deal a few years ago in Chicago where we had this entrepreneur who had an autistic son. And then we started FocalPoint, and our principal thing is we help founders sell their companies. I met my business partner, Duane, and we started our firm.Īnd it’s funny, you know, I got to a point in banking where I had just had enough because it felt like a job, and there was no real emotional connection to it. And so I quit, and I came out to LA and went to grad school. I was doing banking for my whole career, and I got to the point where I kind of hated it. Well, as I think you know, she’s an English bull terrier.
Say hi to Nishen, we’re gonna go for a walk today. We’re going to learn a little bit about what it takes to build a market-leading investment bank and what’s going on in the M&A markets today. We’re about to meet up with Nishen Radia, the founder and CEO of FocalPoint investment bank. I’m here in beautiful Los Angeles, California, with my dog, Lola. With a Wonder Services and Focal Point partnership, companies can achieve digital transformation success and even exceed expectations while driving lasting results.I’m Troy Pospisil, founder and CEO of Ontra. "Our mission is to help other procurement leaders succeed with their transformations, and partner with procuretech firms like Focal Point to deliver the value that is possible. "Just like our partners at Focal Point, the Wonder Services team came from procurement, so we know firsthand how daunting digital transformations can be and how often they fail," said Wonder Services founder Amanda Prochaska. This includes ESG, vendor diversity, risk management, and more.
With deep expertise in procurement, both Focal Point and Wonder Services are well positioned and committed to delivering strategy and solutions that ensure procurement contributes meaningfully to a business's bottom line and other goals. "Our partnership with Wonder Services will help our customers maximize the ROI of our solution and their entire procurement tech stack with tangible long-term results." "Businesses are quickly realizing the competitive advantage of moving up the digital maturity curve and fully modernizing outdated procurement processes," said Anders Lillevik, CEO and Founder of Focal Point. As digital transformation and change management experts, Wonder Services will develop a customized plan and lead the tech implementation for Focal Point's solution from discovery through deployment and ongoing adoption. Wonder Services will leverage Focal Point's highly configurable platform that brings a unified view to the procurement function, allowing real-time visibility, reporting, efficiency and savings to every part of the process.
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Together, the partners will empower Chief Procurement Officers and other industry professionals to accelerate their digital transformation journey and rapidly evolve from outdated manual procurement processes. 21, 2022 /PRNewswire-PRWeb/ - Focal Point, provider of an end-to-end enterprise procurement management platform, today announced its partnership with Wonder Services, an expert in digital transformation and change management. Wonder Services will work as a strategic implementation partner to help CPOs maximize the benefits of Focal Point's enterprise procurement solutionsĪTLANTA, Sept.
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