M&A Deal Sourcing in the Tech Space

Steve Lucas, CEO of Boomi

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.  

Things you will learn:

• Approach on strategy

• Acquiring capabilities

• Deal sourcing in M&A

• Building relationships

• 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 

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Episode Timestamps

00:00 Intro
10:16 Boomi's 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's future
45:26 Craziest thing in M&A