Post Closing Acquisition- How Involved Do You Get Running Business?

by a searcher from University of South Alabama

2 years ago

I'm curious to hear how others would approach running the business post acquisition? Assuming the business is somewhat profitable, do you hire a team of people to manage all aspects of the business? Would you ask your management team to provide daily, weekly or monthly reports to measure performance? What are the key performance indicators other than revenue that are critical to the success of the business?

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lender from The University of Chicago - Booth School of Business

In a transition, it is important to retain senior managers via KERPs or strait incentive programs. Speaking as a provider of small business capital, Byline Bank very strongly prefers owners or buyers who are "hands on" and actively involved in the business at the CEO/CFO level on a day-to-day basis.

2 years ago | like reply | 1 like

professional from University of Southern California - Marshall School of Business

Lots of good deals go bad fast post-completion due to inadequate attention, especially during the first 90-days. It is easy to access online info buyers need to know. DM me if you want a source re transition.

2 years ago | like reply | 1 like

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