How Not to Bomb Your First M&A Deal
Brock Blake, Co-Founder and CEO at Lendio
M&A is a never-ending web of complexities and challenges. While the potential for growth and transformation is promising, the chances of failure are extremely high. To increase chances of success, acquirers must learn how to be adaptable and work with the target company for alignment.\xa0
In this episode of the M&A Science Podcast, Brock Blake, Co-Founder and CEO of Lendio, shares their approach on how not to bomb your first M&A deal.\xa0
You will learn:
\u2022 How to drive your first deal
\u2022 Understanding the cultural aspect of M&A\xa0
\u2022 Strategizing acquisitions
\u2022 Validating assumptions before acquisition commitment
\u2022 Budget allocation for an earnout
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Episode Bookmarks00:00 Intro
06:02 Getting into M&A
07:14 First deals and their drivers
10:43 Second Acquisition
14:49 Third Acquisition
18:43 Understanding the cultural aspect
25:17 The new deal approach
29:10 Strategizing acquisitions
32:07 Validating assumptions before acquisition commitment
38:14 Budget allocation for an earnout
41:37 Craziest thing in M&A