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Life After the Sale – Thiru

Thiru (bottow row, second from right) takes his team out to dinner.
Thiru Thangarathinam
Former CEO of MST Solutions
Joined Vistage in 2016
2022 Member Excellence Award Winner

If someone had told me 10 years ago that this is where I would be in my life, I wouldn’t have believed it. I was on a corporate IT track and could have kept going until I retired. But I felt the urge to do something on my own. It was one of the best decisions I ever made.

Three years after starting my company, though, I found myself struggling. I heard about Vistage and reached out. I needed to do something, or I was not going to go anywhere. Vistage has been a big part of my journey. I’ve learned so much.

I did not know, for example, that my professional growth is linked to my personal growth and my health. The power of taking a well-rounded approach to life was the most significant learning. We extended it into creating an environment for my employees to thrive.

Once I got the fundamentals right, we started growing 30-40% every year. We had the right people in the right seats on the right bus. We became one of the largest integrators of the platform, and I did not have to work 80 hours a week. Our cultural foundation really drove the growth.

So, when I decided to sell the company, I looked for a cultural alignment and better growth platform for my colleagues. We closed the deal in August for $115 million, but it is not the money I am proud of. It’s the value we’ve created for our customers, colleagues and community.

When I first contemplated my future post-sale, I thought I would sell the company, not work and just have fun. Then I realized I need to be engaged in life. Work gives me purpose. After Mastek acquired my company, I became CEO of the Mastek Salesforce Business Unit. My role really hasn’t changed, but the management structure is different. I don’t carry the same burden on my shoulders. Next year, we will beat our 2024 forecast by a few million dollars.

The sale and the liquidity have given me the liberation to focus on the things that I want to do in my work and in my life. I feel that it’s the best of both worlds.

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Life After the Sale