Mark Landry: A Conversation with 7MA's Newest Managing Director

What this episode covers

In this episode of Deal Talk with 7MA your host Ariail Siggins discusses 7MA's new consumer and retail practice with its managing director Marc Landry. Marc discusses globalization's impact on M&A, the emergence of the digital marketplace and big data, the value of acquiring smaller niche businesses from a consumer products perspective. Marc comes to 7MA after many years of consumer products leadership all around the globe and most recently leadership in the technology space. These experiences uniquely qualify Marc to speak about how globalization and technology have changed M&A for consumer products businesses and where its headed in the future. Now at 7 Mile, Marc seeks to use his experiences to help entrepreneurs and founders, who are contemplating the future of their business they built or grew, help get to that next leg of their journey. Marc also discusses how legacy companies are just beginning to embrace new technologies that allow them to market to one and how that may drive the consumer M&A space in the future, and his thoughts on the direction of the global economy over the next 12-24 months. Marc also talks about some of the best moments from his 40-year career giving listeners insight into what makes him tick and provides new business graduates a bit of advice as well. If you are interested in how leaders of consumer products companies think about M&A and what drives their decisions in the space along with how technology is changing those decisions, this conversation is for you. Quotes: Marc on larger businesses acquiring smaller, more niche businesses: "You're hoping to learn from [them] ... so you can make one plus one equal three to five, as opposed to just two." [10:59] Marc on leading businesses: "At the end of the day, it's about working with very smart people who have a very keen insight with huge energy, and helping them get to where they want to get to." [21:33] Marc on advice to any business owner contemplating a change: "Whether you're near some type of an event, a merger, or recapitalization, or it's in the distance, it never hurts to talk to folks like myself or 7 Mile." [29:08] Next Episode: Look for our next episode on March 4th, where we dive into more exciting topics in the M&A space. Links to companies and articles on mergers mentioned in this episode: * Unilever (https://www.unilever.com/) [01:02] * Unilever's acquisition of Chesebrough Ponds (https://www.nytimes.com/1986/12/02/business/unilever-sets-deal-for-pond-s.html) [01:14] * Suave (https://www.suave.com/us/en) [03:13] * Bombas (https://bombas.com/) [14:52] * Dollar Shave Club (https://www.dollarshaveclub.com/) [15:37] * Unilever acquisition of Dollar Shave Club (https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=15&cad=rja&uact=8&ved=2ahUKEwjDzpqyqsPgAhUGVd8KHdi3CkkQFjAOegQIAxAB&url=https%3A%2F%2Fwww.nytimes.com%2F2016%2F07%2F20%2Fbusiness%2Fdealbook%2Funilever-dollar-shave-club.html&usg=AOvVaw0ZchMrDqWuV4WX_m7bMZY-) [15:37] * Arrow Digital (https://www.arrowdigital.com/) [19:31] * Soft Vision (https://www.softvision.com/) [20:56] * Phoenix Brands (http://www.phoenixbrands.com/) [22:04] Connect with us: Our website: www.7mileadvisors.com (http://www.7mileadvisors.com)