The latest news and other interesting stuff.

February 20, 2017

The Fear of Non-Competes

“Fear leads to anger. Anger leads to hate. Hate leads to suffering.” ~ Yoda

Simply stated, our mission is to help professionals navigate planfully through their careers.

Our recent article on non-competes was written with the intent of enlightening professionals to the common miss-steps.  The themes and human patterns are there for you to compare with what you see from your perspective, in your world:

  • Ego and emotions clouding the judgement of otherwise top critical thinkers and professionals.
  • New employees feeling vulnerable to prove their value at great legal risk.
  • People paralyzed with fear blindly making legal comments, with some companies leveraging that fear to their benefit.

“The Fear Factor of a Non-Compete, published in the February 2017 LBM Journal

 

January 9, 2017

U.S. Fence Acquires Binford Supply

             

We would like to congratulate Building Industry Partners and Allan Breidenbach, CEO of U.S. Fence, for their recent acquisition of Binford Supply.  Binford Supply, is the second addition to support U.S. Fence’s install and distribution growth strategy.

Misura Group placed Allan as the CEO of U.S. Fence last year and we have enjoyed watching him impact the business.  If you are a great company searching for a great leader in the building materials industry, contact us and we will help find your next successful executive leader.

Read the Full Press Release
U.S. Fence Solutions Co. Invests In and Recapitalizes Binford Supply LLC, Texas’ Leading Residential & Commercial Fencing Distributor, in Partnership with Fencing Industry Veteran, Steve Stanley

 

January 5, 2017

2016 – A Year in Review

It has been pleasure partnering with our long-time clients and building new business relationships with some of the industry’s leading companies.  We value the trust they have in our firm to bring impact to their organizations.

 

http://conta.cc/2iIBDWN

 

 

November 14, 2016

ProSales Article on Succession Planning

In the ProSales Article Life After LBM  Craig Webb did a terrific job of outlining succession planning challenges facing our LBM owners and leaders.

The human tendency to have deep emotional blind spots when considering your exit after a life long, heart-rending battle, building and protecting your business, is natural. Let’s approach how your competition benefits when owners refuse to develop a solid succession plan.
Recruiting Top Talent:  The stability in company direction and core values remains a key motive for top talent. If their owner is over the age of 60 without a clearly defined succession plan, we find the best 35-45 year-old talent can easily become motivated to consider another opportunity.
 Acquisition Targets: The elephant in the room is far from a secret; at least not to those who benefit. The largest acquiring companies in LBM (USLBM, BFS, BMC Stock) and the Investment Bankers brokering deals, all know it, but rarely is it discussed.  Once profitable and stable LBM companies frequently sell for 3x EBITDA, asset value, or less, due to a lack of succession planning. The scenario is unfortunate and common:  the owner falls ill or comes to their demise and the heirs have no idea what to do with the business, many times not prepared to fill the operational and leadership void. Fearing the loss of sales talent and customer base, the business is sold in a quick process. I cannot imagine a more tragic outcome for your greatest legacy. Substantial economic opportunities come from emotionally controlled planning, or lack of, and your competitors are quick to take advantage.
Please take the time to prepare and protect your Company.

 

July 23, 2016

LBM Strategies 2016 Conference

Misura Group is honored to collaborate with LBM Journal at their upcoming conference in Charlotte September 6-8.  This year’s event will be filled with presentations and open panel discussions allowing for best practice sharing and learning.

Sessions Include:

  • Increasing Your Sales In Today’s Hyper-Competitive Reality
  • The “Wow” Factor: Making Your Company a “Best Place to Work”
  • Panel Discussion:  Real World Strategies to Attract, Hire & Retain Millennials
  • Panel Discussion:  M&A Strategies: True Tales & Horror Stories
  • What Next? Is Your Company Ready for its Next Chapter?
  • Beyond Selling Sticks: Grow Your Business by Leveraging Services
  • Strategy Z: Overcoming the Tyranny of Price Competition
  • Getting Paid:  Credit Management Strategies that Work

Conference Promotional Offer

Visit the LBM Strategies 2016 Conference website to learn more about the conference and to register.  And now through July 31, apply promo code LBMTM16 and receive a $250 discount on your registration fee.

 

May 20, 2016

LBM Strategies 2016 Conference!

I am excited for the LBM Strategies 2016 Conference and honored to be listed with the excellent collection of industry leaders. As the conference approaches, I’d like to highlight the following event taking place:

Panel Discussion:   Real World Strategies to Attract, Hire, and Retain Millennials

  • Wendy Whiteash, SVP of Culture, US LBM Holdings
  • Caitlin Stoll, Happy People Department Leader, Drexel Building Supply
  • Moderated by Tony Misura, President, The Misura Group

Wendy, Caitlin and I will highlight the personal stories of recruiting success hiring the next generation. The stories will deliver insight and dispel the myths around the LBM industry being unattractive to Millennials. Through discussion, we will break down the barriers and misconceptions and sift through the stereotypes to reveal what’s real and what’s not.

 

January 5, 2016

2015 – A Year in Review

It has been a pleasure partnering with our long-time clients and building new business relationships with some of our industry’s leading companies. We value the trust they have in our firm to bring impact to their organizations.

Mill Creek Lumber & Supply
Gary Poulos – President

Alexander Lumber
Rick Vancil – Executive VP
Greg Kimbrell – District Mgr.
James Wallace – GM

HPM Building Supply
Adrian Murphy – Sr. Buyer

The Detering Co.
Analisa Pratt – Design & Sales

JP Hart Lumber Company
Duane Sanders – Div. President
Brandon Natale – VP Purch

Marvin Window and Doors
Jason Carmichael – Terr. Mgr.

Mill Creek Carpet and Tile
Gary Cissell – President

Building Industry Partners
Allan Breidenbach –
Operating Principal

Great Southern Wood
Jeff Biddy – SYP Buyer

Cornerstone Building Alliance
Division President

Lyman Companies
Rakky Putnam –
Sales & Purchasing

We look forward to contributing to your success in 2016!

The Misura Group Executive Recruiting Team,

Tony Misura
Michele Burger
Tony Flint

 

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