Acquiring a company a long way from home

by a searcher from Loyola University of Chicago

3 years ago

If we are targeting a large region surrounding the home state in which we are operating, and a better deal is in a neighboring state, what should we take into consideration when making an acquisition in that state? Obviously different laws & regulations and longer travel from home, but what else is important to pay attention to?

I'd love to hear from anybody with prior experience on this, thanks!

5 likes
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16 comments

searcher from Johns Hopkins University

About to go under LOA with a company and it's about two hours away. I plan on renting something near the location and live there Mon-Thurs for the first six months. Going to be rough with a wife and two young kids, but I also recognize that its going to take a good bit of hands on to build the management team since it's fairly owner run. -- Just realized that this thread is 2 years old! Whoops.

5 months ago | like reply | 0 likes

searcher from University at Albany, State University of New York - School of Business

I have one 2 hrs from me, one 2 hrs and a third soon at 4 hrs, but all in the same state. I've only turned down other states because it's not part of the 1-3 yr plan. My point being, I'd ignore everything beyond: does it fit your plan. Everything else is fixable.

3 years ago | like reply | 1 like

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