M&A Diligence Checklists, Company Inconsistencies, and Post-Close Surprises from a Business Consultant's Point of View
Hosted By Kison Patel
"Be humble. Take it one step at a time. Don't be so ambitious that you're biting off more than you can chew and be prepared to under promise and over deliver."
On this episode
For the last decade, Joseph Feldman has owned his consulting business, Joseph Feldman Associates. He works with middle market companies that lack internal corporate development executives go through acquisitions. Furthermore, he helps companies develop acquisition strategies, identify potential targets and mange closing transactions.
In this podcast, Feldman discusses acquisition strategies, diligence checklists, company inconsistencies, and post-close surprises.
00:40 Joe’s Background
01:30 Best Due Diligence Checklist
02:40 Thinking Outside a Due Diligence Checklist
03:25 Eliminating Post-Close Surprises
05:35 Mapping Out Potential Post-Close Scenarios
11:00 Post-Close Surprises
12:50 Why Acquisitions Fail
15:20 Preventing Common Causes of Post-Close Failure
16:20 Operational Team Transparency
17:35 Easy to Spot Risks and Surprises
18:50 Getting Your Team to Think Outside the Box to Spot Hidden Risks
20:30 Using Third Parties During Diligence
23:35 Deal Type and Number of Risks Correlation
25:40 How Bankers Can Help Mitigate Deal Risks
27:00 Post-Close Surprises
28:40 Craziest Post-Close Surprises Joe’s Seen