The Makings of a Merger
When meeting with prospective companies, DeWitt made sure his wife, Susan Phillips DeWitt, who is also his business partner and the person who handles ACE’s financial matters, accompanied him. “It really helped to have another perspective. We were able to debrief on the way home and talk about the positives and negatives of each situation,” he remarked. “Also, there is a member of our church who is a CPA and an attorney, as well as a friend, who my wife and I referred to as our kitchen advisor during this time. He literally sat in our kitchen on three separate occasions and we just sort of bounced things off him. Even though he isn’t in the industry, he certainly asked pointed questions and offered insights that helped in our discovery process and in preparing for the meetings [with prospective companies].
- People:
- Susan Phillips DeWitt
- Places:
- Detroit