Financial News
Two Premier Consulting Organizations Are Merging
GREENVILLE, S.C. - November 1, 2021 - (Newswire.com)
WWA Advisors LLC and 101 Solutions LLC, two premier consulting organizations based in the US but with a global client list, are merging effective November 1st, 2021. Under the terms of the agreement, WWA will be absorbed and be under the umbrella of 101 Solutions while retaining the WWA name and becoming the division of 101 providing services to the sewn goods market (Apparel, Footwear and Home Textiles).
Walter Wilhelm, Founder/Chairman of WWA Advisors, provided further details of the pending merger. "WWA has been providing process refinement and technology advice to the sewn goods market for more than 20 years, initially as Walter Wilhelm Associates LLC and since 2014 as WWA Advisors, LLC. Half of WWA clients have been retailers and the other half major brands and our reach has extended Europe, Asia, Mexico, CAFTA/DR and South America. We have had numerous opportunities for mergers or acquisitions but 101 is the closest in culture to WWA. I have known the founders for decades and they are exceptional professionals. I will be 83 next month and the merger with 101 will permit me to pick the projects I wish to be involved with so I slow down and "smell the roses" before my mind tells me they are something to eat."
Greg Stephenson, the newly appointed President of WWA Advisors, shared: "As 101 Solutions enters its 6th year building relationships, we are ecstatic to merge with the talented team from WWA. Together we will continue the mission of Accelerating the Potential that exists in our clients." Greg will apply his 35 years of executive apparel experience to lead the consolidated team.
Paul and Kelle Herring, Co-Founders of 101 Solutions, expressed their support of the merger. "We are thrilled to continue our relationship with Walter and the WWA team! Our friendship started more than 30 years ago at a dinner in NYC where Walter became a guiding light for what a consulting relationship could look like. After more than 30 years at brands like Nike and VF we started 101 Solutions. Today the seed that Walter planted has become 101 Solutions. We are honored to continue to steward the legacy he has built."
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Original Source: Two Premier Consulting Organizations Are Merging
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