RSE International Corporation
Tom Eliot had founded RSE International in 1970, grown it, taken it public, and firmly rooted it as a Russell 1000 company. In response to what he persuaded RSE’s board that firm’s growth challenges for the next decade, Eliot had persuaded RSE’s board that the company should follow a policy of focused diversification, which would be achieved by an aggressive growth-by-acquisition program designed to create opportunities and entries into more dynamic markets than the ones RSE then served.