Business Growth During Coronavirus: A Successful Merger During Chaos

April 13, 2020

Can anyone use a feel-good business story right now?

15 years ago, DVS Managing Partner Kevin Lindsey mercilessly cajoled and harangued a friend, Janine Akers, for about a year into buying a business. “She was so smart, so confident and so driven, it was just so obvious she needed to own and control a business,” he said.

At that time, Janine was also the mother of two daughters under the age of four,  was running a home-based business, and her husband, Bill Akers, had recently bought into Ace Scale Company which was based in a different city. Hard to imagine a better time to make the jump and buy a business and create a dual entrepreneur household, huh?

Building a Business and Completing a Merger During Coronavirus

Eventually, Janine bought DataFile Technologies, a medical record scanning business, that consisted of two scanners, two employees and a handful of customers. There are so many incredible stories about this dual entrepreneur household making it work.

It has been amazing to watch this brilliant, fearless woman grow a small company into an industry leader with over 325 employees. Janine recently completed a successful merger with another industry leader, ScanSTAT Technologies, in the middle of a harrowing business crisis.

“When I first started DVS Group, I was driven by the idea of helping good people buy good businesses and they will do good in the world, which eventually became our why – Make Change Positive,” said Lindsey. “Janine embodies everything our Why and what that stands for.”

Janine was the first deal that was closed while social distancing was in place – which is a bit of a bummer, but we are confident that we will be able to have a real closing celebration soon enough.

Watch our world, as Janine Akers is only getting started!

We can’t wait for the second, third and fourth acts. #nofreelunchcards. You go, girl!

A special thank you to Erik Edwards, Bill Mahood, Steve Munch, Polsinelli, Michelle Brown, Kathryn Rhodes, CBIZ, Frankie Forbes, Forbes Law Group, Vistage.

See More Done Deals From Our Team

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Thanks to Kirk Kaiser for contributing this post to The DVS Group blog. He is an owner of Barrier Technologies. He founded the company in 2008 with Jaye Sieland. Barrier Technologies is a national containment contractor that specializes in preventing the spread of fire, smoke, sound, water, and infection in buildings. Here are his top tips for business owners considering selling. 

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Read the story of Robert Drumm, a DVS Group client, to find out.

Lawyer, brewer of beer, writer, dad, husband – all words used to describe Robert.

In 2013, he was ready to add one more role to that list – business owner. Read more