By David West
November 9, 2015
If you’ve been a part of the Equinox “family” for any time at all, you know what an unexpected statement that is. While a number of suitors have come calling over the years—looking to enhance their portfolios by acquiring Equinox—each was turned away.
As attractive as these offers were financially, Byron Middendorf and Wayne Lowe knew that none of them were consistent with their original intent in starting Equinox—to create a great place to work. This year, to mark our 29th anniversary, Byron and Wayne made a startling announcement. For the first time, there would be a significant change in the ownership of the company. However instead of selling to a competitor, investor, or other software vendor, they announced a program to give a portion of the company to the employees, allocating stock annually based on tenure and other factors.
In their leadership, Byron and Wayne embody the principle that if you take good care of your employees, they will take good care of your customers. Employees who are able to enjoy their families and have rewarding lives outside of work are happy and focused while at work. Based on our success in every sector of the telecom industry around the globe, including cable telephony, wireline, wireless, rural independent, CLEC, and wholesale providers, there’s no doubt that this model is working, benefitting employees and customers alike!
Early next year, I’ll celebrate my 20th anniversary at Equinox. While I’m very proud of that, what’s notable is that I’m in the middle of the pack in terms of tenure as nearly half of our staff has been here longer than I. Byron and Wayne succeeded in creating a great place to work, earning them the loyalty of their employees and their customers. As the next chapter in our corporate story begins, all of us “owners” are incredibly grateful for their leadership and their generosity. Standing firm on a solid foundation where family still comes first, we are excited for what the future holds for Equinox and our many customers!
About the Author: David West is Executive Vice President of Equinox Information Systems. David oversees the company’s sales and marketing team, develops the company’s long-term strategic plan, and works directly with the company’s hundreds of customers across the United States, Europe, Australia, and Asia. When he is not helping Equinox achieve record growth, he enjoys spending time with his family, playing basketball, and serving his community through his efforts at Salvation Army of Middle Tennessee and St. Bartholomew's Church. To learn more, visit www.equinoxis.com or call (615) 612-1200.