An interesting side story has been brought to my attention thanks to a commenter on our recent blog post about Amazon.com's acquisition of AbeBooks. Peter was kind enough to point out that AbeBooks' CFO John Chase was also involved in selling Victoria-based Power Measurement to Schneider Electric in 2005. As far as I can tell, this makes Chase the only CFO to be involved in two successful Victoria-based exits.
Chase turned out to be a very smart hire by Abebooks in 2006 as he had already successfully sold a company to Amazon.com - Bibliofind in 1999. Ironically, Bibliofind was a competitor of AbeBooks in the late 90s, so Chase ended up helping to sell the same type of business to the same buyer in less than 10 years.
At AbeBooks.com our mission is to help people find and buy any book from any bookseller anywhere. AbeBooks, the world’s largest online... [more]
Schneider Electric is the world’s power and control specialist. Through its world-class brands, Merlin Gerin, Square D and Telemecanique,... [more]
I was the general manager of Bibliofind when it was acquired by Amazon.com. John is definitely "The Exit Master!"
