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.  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.  You will learn: • How to drive your first deal • Understanding the cultural aspect of M&A  • Strategizing acquisitions • Validating assumptions before acquisition commitment • Budget allocation for an earnout ____________________________________________________________________________ This episode is sponsored by our products DealRoom and FirmRoom 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 dealroom.net. FirmRoom is the fastest virtual data room used to get deals done. Leave the pay-per-page world behind by going to firmroom.com Episode Bookmarks 00:00 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