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Building Success and Learning New Lessons

In this episode, Steven Pivnik interviews Mike Saldi, founder and CEO of SCLogic, and shares insights from his 28-year journey in logistics and facility software. Mike discusses his reasons for selling SCLogic, emphasizing the impact of age and the relentless drive to grow. He stresses the importance of company culture, equity distribution, and open communication. Mike also dives into the role of investment bankers in optimizing the sale process, elaborating on the complexities and the crucial support from advisors. He touches upon his leadership style, challenges faced during the transition, and future growth under new ownership. Mike concludes by reflecting on personal interests and the evolving role he now plays after the acquisition.