Podknife - 96: How To Narrow Down Your Search Criteria For A Business Acquisition with Tim Lahey by M&A Unplugged

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96: How To Narrow Down Your Search Criteria For A Business Acquisition with Tim Lahey

Podcast |: M&A Unplugged
Publisher |: Domenic Rinaldi
Media Type |: audio
Podknife tags |: Business,; Interview,; Investing,; Mergers & Acquisitions
Categories Via RSS |: Business,; Investing
Publication Date |: Apr 06, 2021
Episode Duration |: 00:42:28

Casting a wide net over the marketplace gives you a lot of choices when it comes to business acquisitions. But without proper search criteria, having many options may result in more challenging decision-making. tech.com/">Tim Lahey joins Domenic Rinaldi to share how he narrowed his business acquisition choices to just a few industries, allowing him to acquire the custom integration company, Homerun Technology. He also talks about the strategies he followed to ensure a smooth transition with its past owners and existing employees, how he used an SBA loan to finance this transaction, and how they closed the deal even with the COVID-19 virtual setting. Tim also explores the many ups and downs of business acquisitions, underlining the importance of having a thick skin.

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