The role of acquisition and due diligence in business, focusing on strategies for speeding up innovation and market dominance through acquisitions.
The role of acquisition and due diligence in business, focusing on strategies for speeding up innovation and market dominance through acquisitions. It also delves into ensuring acquired company culture thrives post-merger.
But then in the end, um, so the the buyer, nice, uh, who I'm working for now, approached us early in '25 and said they wanted to acquire us. Now, I have to admit, I've I personally did not find the process that strenuous, other than maybe the final purchase price negotiation, that was tough, uh, yet interesting. But, um, the actual process of due diligence and so on, when you go through investment rounds, you're going through due diligence every single time, right? And the way that I've always looked at it is you learn a lot about where you need to improve your business throughout these due diligence rounds. Okay, maybe there are certain things where may maybe during the due diligence they go like, "Okay, we want to see a copy of every customer contract. And we want to see a register that says in which contracts do you have have you changed your uh, merger, um, merger clauses or
something like that." Now, you don't think about that when you found a startup, right? But maybe after your series A due diligence, you start thinking about that and you go like, "You know what? We should have that." And then you put that in place. So, in the series B, it's already easier. Now, by the end of I mean, we also went through a series C then. After that, you should be in quite good shape to go through an acquisition because anything they ask for, you can produce in a matter of minutes. Sometimes it was a matter of a week where we worked 24/7. But still, um, you need to have your act together as a company. And then actually going through the process of the acquisition, um, really doesn't have to be that tough.