The technology industry is currently experiencing significant growth, particularly with the emergence of artificial intelligence. This trend has not only attracted significant investments but has also intensified the competition among tech companies striving to lead the market. This has made the tech space a prime area for M&A. Boomi is one of those companies who have recently made a significant move via acquisitions.
In this episode of the M&A Science Podcast, we will discuss how to source deals in the tech space with Steve Lucas, CEO of Boomi.\xa0\xa0
Things you will learn:
\u2022 Approach on strategy
\u2022 Acquiring capabilities
\u2022 Deal sourcing in M&A
\u2022 Building relationships
\u2022 Negotiations during M&A
This episode is sponsored by DealRoom.
Ready to take your M&A to the next level with software made to manage each stage of the deal process? See how DealRoom can facilitate your next deal at https://dealroom.net\xa0
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Episode Timestamps
00:00 Intro
10:16 Boomi\u2019s approach on strategy
16:32 Acquiring capabilities
18:55 Deal sourcing in M&A
22:12 Building relationships
25:45 Convincing someone to sell their business
30:51 Example of pitch
32:31 Negotiations during M&A
36:08 Tips on negotiating
38:45 M&A at Boomi
41:43 Making integration successful
47:26 AI in M&A
52:44 Boomi\u2019s future
45:26 Craziest thing in M&A