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E166: CEO Andrew Swiler Shares His Experience Acquiring and Turning Around Lanteria

6 dic 2023 · 45 min. 57 sec.
E166: CEO Andrew Swiler Shares His Experience Acquiring and Turning Around Lanteria
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"This episode was brought to you by Reconciled.com. Helping M&A Entrepreneurs just like you with Bookkeeping, CFO & Controller Services, Outsourced Enterprise Accounting and Tax Services. Reconciled.com" Watch it on...

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"This episode was brought to you by Reconciled.com. Helping M&A Entrepreneurs just like you with Bookkeeping, CFO & Controller Services, Outsourced Enterprise Accounting and Tax Services. Reconciled.com"

Watch it on Youtube: https://youtu.be/mqUo2JryOY4

About The Guest(s): Andrew Swiler is the CEO of Lanteria, a company that provides HR management software built on the Microsoft ecosystem. He has a background in private equity and entrepreneurship and has a passion for turning around stagnant businesses.

Summary: Andrew Swiler, CEO of Lanteria, shares his journey of acquiring and turning around the HR management software company. He discusses the challenges of managing a remote team and navigating the acquisition process in the midst of a war. Andrew also highlights the importance of employee engagement surveys and one-on-one meetings in managing a remote workforce.

Key Takeaways:
  • Andrew acquired Lanteria, an HR management software company, and is focused on turning it around and growing the business.
  • He faced challenges managing a remote team, especially during the war in Ukraine, where the company's owners were based.
  • Employee engagement surveys and one-on-one meetings are crucial for managing a remote workforce and building trust.
  • Andrew plans to raise more capital to fuel the growth of Lanteria and potentially acquire other HR SaaS companies.
  • He believes that humans will continue to be the most important part of every business, even with the rise of AI.
Quotes:
  • "We knew there were going to be issues, but we gave ourselves a decent cushion with the capital we raised to make those errors." - Andrew Swiler
  • "If you think it needs to be said, just say it, because if you don't communicate it, that just compounds." - Andrew Swiler
  • "One-on-ones are a great tool for building relationships, trust, and addressing challenges." - Andrew Swiler

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Contact Andrew on
Linkedin: https://www.linkedin.com/in/swiler/
Website: http://lanteria.com/ Twitter: https://twitter.com/swilera
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🎬SUGGESTED VIDEOS
Don't forget to watch 📽 Our other videos. Please check them out :

▶️E94: Hans Sperling Discusses Mergers And Acquisitions Transactions And Provisions - https://youtu.be/VdFEZq13SpE

▶️E90: Christine McDannell of Magnolia Firm Helps Business Owners Achieve Seamless Exits - https://youtu.be/wyl358GKQ4Y

▶️E127: Kirk Michie Discusses His Role As A Business Advisor And The Secrets To Selling A Business - https://youtu.be/ahHQk5_CVuo

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Autore Ronald Skelton
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