Podcasts about dealroom

Matt Arsenault, VP of Corporate Development & Strategic Alliances at Jamf Venture-backed companies are priced at their future state, not their current revenue. When growth stalls and another fundraising round stops making sense, the gap between VC valuation and what a strategic buyer will pay becomes the hardest conversation in any deal process. Matt Arsenault, VP of Corporate Development & Strategic Alliances at Jamf, has run this play across hundreds of targets. His work starts before the deal does, with the founder relationship, the cap table, and a clear-eyed conversation about risk tolerance that most corp dev teams never have.  What You'll Learn Why a $25M offer today can beat a $125M VC exit three years out How AI is shrinking the moat of wrapper-product startups and changing target screening The seven stakeholder groups in any acquisition and why most founders miss them How liquidation preferences and cap table structure change the math behind any offer Why VC relationships matter as much as founder relationships before a deal starts How to structure deals for underwater targets without losing the team What entrepreneurs should know about VC terms before taking their first check If you're working a deal where the founder's VC valuation is the first thing they said and the last thing they'll let go of, DealPilot, powered by M&A Science, gives you the guidance to close the gap without overpaying. ____________________ This episode of M&A Science is presented by DealRoom. DealRoom just launched the only MCP server built for Buyer-Led M&A™ — so your AI and your deal data finally work together. Connect Claude, ChatGPT, or Copilot directly to DealRoom and let your AI read your pipeline, analyze due diligence documents, and automatically write findings back.  See for yourself: dealroom.net/mcp ____________________ Episode Chapters [00:01:14] Introduction and Kison's overview [00:03:32] Matt Arsenault's background and path into M&A [00:05:17] How VCs actually value companies: the two major components [00:06:52] Where VC and strategic buyer valuations diverge, and why [00:09:29] The current market for VC-backed acquisition targets [00:10:39] Rule of 40, profitable growth, and what AI is changing [00:25:01] The liquidation preference math: $25M today vs. $125M later [00:31:38] Cap table dynamics, voting power, and co-founder alignment [00:33:10] How to have the valuation conversation with a founder [00:35:35] How to structure deals when a company is underwater [00:36:45] Stakeholder management: severance, retention, and employee equity [00:44:03] Structural tools for bridging valuation gaps [00:49:21] What entrepreneurs should know before taking their first VC check [00:51:03] Due diligence war stories: what a code scan revealed

What changes when an innovation ecosystem stops talking about problems and starts talking about solutions?In this wrap of Season Four, Oxford+ host Susannah de Jager reflects on a clear shift in rhetoric across the series, from missing pieces of the puzzle to a real sense of momentum in Oxford and the wider UK. She points to initiatives like Equinox, Equitable Innovation Oxford, and the inaugural Oxford Tech Week as signs of an ecosystem finally galvanising itself and becoming easier to engage with.The timing fits a buoyant national picture: UK startup funding reached $7.8 billion in the first quarter of 2026, up 60 per cent year on year, the strongest start to a year since 2022, according to HSBC Innovation Banking and Dealroom. Susannah also looks ahead, previewing a summer Ethics and Innovation miniseries on how AI should be shaped for societies, children and workforces, and a Season Five from September featuring names including Gordon Sanghera and Hermann Hauser.Susannah de Jager: Susannah is a seasoned professional with over 15 years of experience in UK asset management. She has worked closely with industry experts, entrepreneurs, and government officials to shape the conversation around domestic scale-up capital.Connect with Susannah on LinkedIn and Subscribe to the Oxford+ Newsletter for Exclusive ContentOxford+ is hosted by Susannah de Jager and supported by Mishcon de Reya, HSBC Innovation Banking, and James Cowper Kreston.Produced and Edited by Story Ninety-Four in Oxford.

Nathan Rust, Lutz Lehmann, Troy Pospisil, Jeremy Segal, Patrick Mumman, Tej Brahmbhatt, George Helock, and Angie Astle Eight deal professionals share the M&A moments that never make the CIM. A birthday cake in a management presentation that confirmed a culture fit and influenced a bid. A buyer who died before close, forcing a nine-month restart from scratch. Eight years of customer revenue data on a 1980s IBM that management claimed did not exist. A target quietly heading toward Chapter 11 while diligence was underway. Unexpected events mid-deal are not exceptions. They are the deal. How you read them is what separates experienced practitioners from everyone else. What You'll Learn: How cultural signals in a management presentation can influence a bid decision What to do when a buyer dies before close and the sell process has to restart How to find data that management says does not exist Why late-stage valuation surprises from founders are a signal you could have caught earlier How to take a bankrupt target through Chapter 11 and still close the deal Why experienced advisors document every surprise the moment a deal closes If you're running deals and want pattern recognition built from thousands of real M&A situations to back your judgment, DealPilot, powered by M&A Science, gives you the deal guidance and advisor access to know which surprises you push through and which ones mean walk away. ____________________ This episode of M&A Science is presented by DealRoom. DealRoom just automated Pipeline Management with AI so you can spend less time updating deals, and more time working them.  Automatically push deal context from Outlook to DealRoom Pipeline and use AI to keep deal target data and tasks updated, so follow-ups never slip through the cracks. No manual logging. No stale pipeline data. See for yourself: https://hubs.ly/Q045fXp50 ____________________ Episode Chapters [00:00] Intro [04:11] Birthday cake in the management presentation [07:10] Recruiting bankers from the sell side [09:04] Culture fit as a bid decision factor [10:03] When the buyer dies before close [11:46] Nine-month restart from scratch [17:04] Management says the data does not exist [18:39] Finding Susie and the 1980s IBM [22:25] IP ownership surprise at signing [24:43] Bootstrap founders and commitment signals [27:43] When bankers favor PE over strategics [30:40] 78-year-old seller, a fistfight, and an earn-out [32:25] The 12-year sales cycle [35:23] Teaching a CEO to speak like an investor [43:14] Aviation IPO pulled mid-road show [45:52] Background check kills the deal a week before close [50:03] Forever corporation: how Chugach approaches M&A [54:47] HVAC target heads toward bankruptcy mid-diligence [55:59] Becoming the secured creditor to save the deal

Geschätzte Lesedauer: 8 Minuten Es gibt Vertriebsfehler, die Aufträge kosten — und einer davon ist so alltäglich, dass ihn fast jeder täglich begeht. Hunderte Male. Ohne es zu merken. Genauer gesagt: Es ist eine einzige Nachricht. Sie killt mehr Deals als jeder Preiseinwand. Mehr als jeder Wettbewerber. Mehr als jede verpatzte Kaltakquise. Und zwar alle zusammen. Ich spreche konkret vom Autoresponder. Der klassischen „Bin dann mal weg"-Mail. Vielleicht denkst du jetzt: „Christopher, das ist doch Standard. Jeder hat eine Abwesenheitsnotiz." Genau das ist aber das Problem. Weil sie Standard ist, denkt niemand darüber nach. Was sie eigentlich kommuniziert. Und vor allem: was sie kostet. Eine Geschichte, die sich so zugetragen hat Um Ostern herum hat mich ein Kunde um Hilfe gebeten. Es ging um die Auswahl eines CRM-Systems. Wer sowas schon mal gemacht hat, weiß: Das ist nervenaufreibend. Und verdammt wichtig. Schließlich ist das CRM das digitale Rückgrat deines gesamten Vertriebs. Wir hatten zwei Anbieter in der engeren Auswahl. Zwei starke Lösungen. Zwei motivierte Sales-Teams. Vor Ostern liefen die Drähte heiß. Denn es ging auf eine Entscheidung zu. Die Nerven waren blank. Kurz vor dem Finale schickte der Projektleiter noch eine letzte Frage. Gleiche Mail. Gleiche Uhrzeit. An beide Anbieter. Bei Anbieter A kam zurück: ein Autoresponder. „Ich bin bis zum 30. im Urlaub. In dringenden Fällen wenden Sie sich an meinen Kollegen XY." Der Projektleiter war fassungslos. Der Vertriebler war einfach weg. Ohne Vorankündigung. Ohne Übergabe. Er schrieb den Vertriebsleiter an. Auch von dem: Autoresponder. „Bin ebenfalls nicht erreichbar. Meine Assistentin hilft weiter." In diesem Moment klingelte sein Handy. Mitten in die Wut hinein. Anbieter B. Jemand sagte: „Herr Mayer hier. Mein Kollege ist heute leider nicht da — aber ich habe Ihre Nachricht gesehen und bin direkt ins System. Ihre Antwort habe ich vorbereitet. Wollen wir kurz sprechen?" Die Entscheidung war damit gefallen. Nicht wegen des Preises. Nicht wegen der Features. Sondern weil einer einfach da war. Der andere nicht. Ein Autoresponder hat diesen Deal gekillt. Und das in weniger als fünf Sekunden. Daran siehst du also: Es geht nicht um große Strategie — sondern um solche kleinen, alltäglichen Vertriebsfehler die Aufträge kosten. Was dein Kunde wirklich will — und was ihn zum Abbruch bringt McKinsey hat Ende 2025 über 3.600 B2B-Einkäufer befragt. Das Ergebnis ist brutal ehrlich. Die wichtigsten Gründe, warum Einkäufer einen Lieferanten verlassen: 52 %: Verschiedene Teams geben widersprüchliche Informationen zu Preis, Verfügbarkeit oder Lieferzeit. 52 %: Ich kann die Person mit dem richtigen Wissen nicht erreichen. 51 %: Der Lieferant kann nicht kanalübergreifend kommunizieren. 50 %: Keine auf mein Geschäft zugeschnittene Vertriebserfahrung. Merkst du was? Keiner dieser Gründe hat mit Preis oder Produkt zu tun. Es geht ausschließlich um Erreichbarkeit und Reibungslosigkeit. Das nennt man Customer Effort. Der Kunde will nämlich gar nicht „begeistert" werden. Er will einfach keine Steine im Weg. Die Harvard Business Review hat das schon 2010 gezeigt. Nicht Begeisterung treibt Loyalität. Sondern wie einfach der Kunde sein Problem lösen kann. Deshalb bestätigt Gartner das auch: Kunden mit nur einer schwierigen Interaktion haben eine viermal niedrigere Loyalität. Schlimmer noch: 81 Prozent verbreiten danach negative Mundpropaganda. Ein Autoresponder ist die Definition einer schwierigen Interaktion. Vertriebsfehler die Aufträge kosten: Die drei Szenarien, in denen dein Autoresponder zuschlägt 1. Der Neukunde Stell dir vor: Jemand wurde dir empfohlen. „Sprich mal mit dem Account Manager da. Der ist super." Der Interessent schreibt dir eine Mail. Vielleicht der wichtigste Neukunde des Jahres. Und was kommt zurück? „Bin im Urlaub. Melden Sie sich bei..." Glaubst du wirklich, der ruft jetzt einen fremden Kollegen an? Und erklärt dem alles nochmal von vorne? Vergiss es. Der hat nämlich nicht nur dich angeschrieben. Sondern zwei, drei andere auch. Außerdem zeigt die Studie von Drift: Wer zuerst antwortet, hat eine über 50 Prozent höhere Chance auf den Auftrag. Völlig unabhängig von Preis und Leistung. Dein Autoresponder hat dir diesen Vorsprung genommen. Und zwar endgültig. 2. Der Kunde im Angebotsprozess Noch schmerzhafter. Du hast Wochen investiert. Präsentationen gehalten. Referenzen geschickt. Der Kunde ist heiß. Er will abschließen. Und hat noch eine letzte Frage. Du bist im Urlaub. Dein Autoresponder sagt: „Kümmer dich selbst." Zwei Wochen später fragst du dich: „Was ist eigentlich aus dem Angebot geworden? Der Kunde meldet sich einfach nicht mehr." Doch. Hat er. Du hast nur nicht geantwortet. 3. Der treue Bestandskunde Der, der seit Jahren bei dir kauft. Der ein Problem hat und schnell Hilfe braucht. Dein Autoresponder signalisiert ihm: „Meine Freizeit ist wichtiger als dein Problem." Dazu fällt mir Anthony Iannarino ein. Einer der klügsten Sales-Köpfe der USA. Er bringt es auf den Punkt: „Abwesenheit lässt die Zuneigung nicht wachsen. Sie lässt sie abwandern. Mehr Kunden gehen durch Vernachlässigung verloren als durch jede andere Ursache." Vernachlässigung. Genau das tut dein Autoresponder. „Aber ich habe doch ein Recht auf Urlaub!" Ja, hast du. Absolut. Darum geht es aber gar nicht. Es geht nämlich um den Unterschied zwischen Person und Firma. Dein Kunde will etwas von deinem Unternehmen. Und dein Unternehmen muss dafür sorgen, dass seine Customer Experience einfach und schnell ist. Völlig egal, ob du gerade am Strand liegst. Sam Walton, der Gründer von Walmart, hat es einmal so gesagt: „Es gibt nur einen Chef — den Kunden. Und der kann jeden im Unternehmen feuern. Vom Vorstand abwärts. Einfach indem er sein Geld woanders ausgibt." Der Kunde muss sich nicht um deine interne Organisation kümmern. Er muss nicht warten. Und vor allem: Er muss nicht dreimal nachfragen. Im Gegenteil: Seine Aufgabe endet, sobald er auf „Senden" klickt. Ab da ist es deine Bringschuld. Punkt. So machst du es besser: Drei Stufen der Vertriebs-Erreichbarkeit Stufe 1: Proaktiv kommunizieren (kostet nichts) Wenn du länger als zwei, drei Tage weg bist: Informiere deine wichtigsten Kunden. Und zwar vor deiner Abreise. Nicht durch einen Autoresponder — sondern proaktiv. „Hallo Herr Kunde, ich bin von Donnerstag bis Dienstag auf einer Familienfeier. Kein Problem — mein Kollege Peter Mayer übernimmt. Er ist komplett eingearbeitet und kann jede Frage sofort beantworten. Sie erreichen ihn unter [Durchwahl/Mail]." Am besten stellst du den Kollegen vorher schon vor. In einem gemeinsamen Call oder per Mail. Dann kennt der Kunde ihn nämlich. Und fühlt sich nicht abgeschoben. Stufe 2: Echte Übergabe mit Substanz (braucht Struktur) Telefon umstellen. E-Mail-Zugriff für die Vertretung. Und vor allem: Das CRM so pflegen, dass jeder Kollege innerhalb von 30 Sekunden versteht, was Phase ist. Wenn ein Kunde anruft und du nicht da bist, sollte nicht der Praktikant rangehen. Der dann sagt: „Äh, der Herr Müller ist nicht da. Keine Ahnung, worum es geht. Soll er zurückrufen?" Besser so: „Herr Mayer hier, Kollege von Herrn Müller. Ich sehe gerade im System: Es geht um den Projektabschluss Phase 2. Angebot vom 12. Juni. Hier ist Ihre Antwort. Wollen wir's kurz besprechen?" Das ist 2026 übrigens kein Hexenwerk mehr. CRM-Systeme. Cloud-Telefonanlagen. Shared Inboxes. Das kostet nämlich nur ein paar Euro im Monat. Und spart dir hunderttausende an verlorenen Deals. Stufe 3: Hyperpersonalisierung (der echte Wettbewerbsvorteil) Die Top-Performer im B2B-Vertrieb gehen noch weiter. McKinsey zeigt nämlich: Diese Unternehmen wachsen 15 Prozent schneller als der Durchschnitt. Die anderen schaffen nur 7 Prozent. Was heißt das konkret? Ein Dealroom für jeden Kunden. Eine gemeinsame Projektseite. Alle Ansprechpartner sichtbar — inklusive Verfügbarkeitsstatus. Alle Dokumente und der aktuelle Stand an einem Ort. Der Kunde sieht sofort: Wer ist da? Wen spreche ich an? Und für Routinefragen findet er die Antwort vielleicht sogar direkt auf der Seite. Ohne überhaupt jemanden zu kontaktieren. Das ist längst keine Science-Fiction mehr. Es gibt Standardsoftware, die das abbildet. Und Kunden lieben es. Denn sie bekommen damit endlich, was sie wirklich wollen: Kontrolle und Geschwindigkeit. Quick Takeaways Dein Autoresponder tötet Deals. Jeden Tag. Auch wenn du es nicht mitbekommst. Der Kunde will keine Begeisterung — er will keine Hindernisse. Customer Effort ist der Loyalitätstreiber Nr. 1. Jeder Kundenkontakt ist ein „Moment der Wahrheit" (Jan Carlzon). Ein Autoresponder ist immer ein negativer Moment. 50 % der Einkäufer verlassen einen Lieferanten, weil sie die richtige Person nicht erreichen (McKinsey 2025). Proaktive Abwesenheits-Kommunikation kostet dich 2 Minuten. Einen verlorenen Kunden reinzuholen kostet dich dagegen Wochen. Eine echte Urlaubsvertretung braucht CRM-Zugriff und Telefonumstellung. Nicht „ruf doch mal den Soundso an". Dealrooms und Hyperpersonalisierung sind keine Spielerei — sie bringen 15 % mehr Wachstum als der Durchschnitt. FAQ: Häufige Fragen zum Autoresponder Warum ist ein Autoresponder schädlich für den Vertrieb? Er signalisiert: „Meine Abwesenheit ist wichtiger als dein Anliegen." Der Kunde soll einen fremden Kollegen anrufen und alles nochmal erklären. Die meisten tun das nicht. Sie gehen zum Wettbewerber. Schnelle Reaktion ist der wichtigste Conversion-Faktor — ein Autoresponder macht das unmöglich. Was ist die beste Alternative zur klassischen Abwesenheitsnotiz? Die proaktive Kommunikation vor der Abwesenheit. Informiere aktive Kunden und Interessenten, bevor du gehst. Stelle außerdem eine echte Vertretung vor — jemanden, der das CRM kennt und sofort antworten kann. Ideal ist ein Dealroom. Oder eine Projektseite. Dort sehen Kunden, wer verfügbar ist. Und finden direkt Antworten. Wie richte ich eine professionelle Urlaubsvertretung im Vertrieb ein? Erstens: CRM und E-Mail-Zugriff für die Vertretung sicherstellen. Zweitens: Telefon auf den Kollegen umstellen. Drittens: Die Vertretung proaktiv beim Kunden vorstellen — am besten noch vor der Abreise. Außerdem alle offenen Vorgänge dokumentieren. Mit Status und nächsten Schritten. So kann der Vertreter selbstständig antworten. Was kostet ein verlorener Kunde durch schlechte Erreichbarkeit? McKinsey beziffert die Wahrscheinlichkeit eines Lieferantenwechsels bei schlechter Erreichbarkeit auf über 50 Prozent. Dazu kommt nämlich: Negative Kundenerfahrungen führen zu viermal niedrigerer Loyalität. Und 81 Prozent verbreiten danach negative Mundpropaganda. Ein verpasster Anruf kostet also nicht nur den aktuellen Deal. Sondern auch zukünftige — durch Reputationsverlust. Kann ich im Urlaub komplett abschalten, ohne Kunden zu verlieren? Ja — mit dem richtigen System. Der Schlüssel: Das Unternehmen bleibt erreichbar, nicht die Person. Dafür brauchst du drei Dinge. Erstens: einen gut eingearbeiteten Vertreter. Zweitens: ein CRM mit vollständiger Dokumentation. Drittens: eine gemeinsame Projektseite als Dealroom. So bekommen Kunden jederzeit Antworten — während du völlig offline bist. Entscheidend ist die Vorbereitung. Wer im CRM nur Stichworte hinterlässt, kann keine saubere Übergabe erwarten. Anleitung: Bessere Erreichbarkeit in 6 Schritten So verhinderst du ab sofort, dass deine Abwesenheit Kunden kostet. CRM-Check: Sind alle offenen Vorgänge aktuell dokumentiert? Kann ein Kollege innerhalb von 30 Sekunden verstehen, was Phase ist? Wenn nicht: nacharbeiten. Telefonanlage prüfen: Rufumleitung auf Vertretung einrichten. Keine Weiterleitung ins Leere. Idealerweise mit Rufnummernerkennung, die sofort den Kundendatensatz öffnet. Proaktiv informieren: Drei Tage vor Abwesenheit alle aktiven Kontakte per Mail anschreiben. Vertretung namentlich vorstellen. Erreichbarkeit nennen. Übergabestatus bestätigen. Außerdem: ruhig auch anrufen, nicht nur mailen. Vertretung briefen: 30-Minuten-Call mit dem Kollegen. Durchgehen: Welche Deals sind heiß? Welche Kunden brauchen besondere Aufmerksamkeit? Wo liegen die Antworten? Eigene Abwesenheitsnotiz optimieren: Falls du doch eine brauchst: Kein „ich bin nicht da". Sondern konkrete Vertretung mit Namen und Durchwahl. Mit dem Hinweis, dass die Vertretung bereits informiert ist. Rückkehr-Check: Nach dem Urlaub prüfen: Welche Kunden haben sich gemeldet? Wurden alle Anfragen beantwortet? Was kannst du beim nächsten Mal noch besser machen? Schließlich geht es um kontinuierliche Verbesserung.

Brent Baxter, Sam Delestienne, Steve Hoffman, John Strenger, and Matt Melsen Winning a banker-run auction at 5% under the highest bid. Closing a deal when co-sellers have not spoken in months. Getting through 22 countries of employment complexity with a client who refused to work with EOR providers. Acquiring a Netherlands-based public company and discovering the due diligence documents were in Dutch. These are the problems that no playbook prepares you for. Four corp dev professionals share how they handled them, and what it cost when they got it wrong. What You'll Learn  How to win a competitive auction when you're not the highest bidder What seller conflict at the closing table looks like (and how to get a deal back on track) When an employer of record works in a cross-border carve-out and when it creates permanent establishment risk Why management trust in the buyer can outweigh the highest bid number What a first European acquisition actually costs in compliance, legal, and cultural surprises If you're running deals where the numbers are right but the relationship isn't, or you're in a market you haven't operated in before, DealPilot, powered by M&A Science, connects you with advisors who have closed deals in exactly that situation. ____________________ This episode of M&A Science is presented by DealRoom. DealRoom just launched the only MCP server built for Buyer-Led M&A™ — so your AI and your deal data finally work together. Connect Claude, ChatGPT, or Copilot directly to DealRoom and let your AI read your pipeline, analyze due diligence documents, and automatically write findings back.  See for yourself: dealroom.net/mcp ____________________ Episode Chapters [00:00] Intro [03:12] Partners who came to blows over valuation [03:37] The closing table walkout [05:47] Every deal craters on Friday [07:54] Why managing emotions is the hardest job after LOI [13:30] A door blows off an Alaska Airlines jet mid-process [16:00] Winning at $15M under the highest bid [18:23] Trust and reputation as deal currency [23:09] The "baby ugly" lesson [25:06] Preempting banker processes [32:14] What EOR is and when it works [33:52] Permanent establishment risk with C-level hires [34:48] CBA compliance across 22 countries [40:38] First European cross-border acquisition [42:38] Dutch documents and data residency surprises [46:20] Why in-person matters more in Europe [50:38] The $100M tax exposure that was not real [55:57] Outro

Jörgen Wigh, CEO of Lagercrantz Group Lagercrantz Group has completed 90+ acquisitions over 20 years and never sold one. CEO Jörgen Wigh runs 85 niche B2B companies under a 22-person headquarters with no integration, no exits, and no value realization targets. This is Part 2 of 2. Part 1 covers the deal model, while Part 2 is the operating culture. Jörgen gets into how 85 autonomous companies are governed without a matrix structure, why this model exists almost exclusively in the Nordics, what makes a founder walk away from a signed deal twice, why Lagercrantz deliberately targets a 10% failure rate, and what he would do differently starting from scratch today. What You'll Learn How Lagercrantz governs 85 autonomous companies with 22 people at headquarters Why the person who sources the deal always stays on the board post-close Why the Nordic compounder model exists here and almost nowhere else What makes a founder walk away from a signed deal twice What a 10% deal failure rate looks like when it's working as intended Why building this from scratch today takes at least a decade How cross-border deals get done when the legal contracts run 30 pages instead of 300 If you want to know how your team stacks up against the discipline Jörgen described across both episodes, take the M&A Competency Assessment. ____________________ This episode of M&A Science is presented by DealRoom. DealRoom just launched the only MCP server built for Buyer-Led M&A™ — so your AI and your deal data finally work together. Connect Claude, ChatGPT, or Copilot directly to DealRoom and let your AI read your pipeline, analyze due diligence documents, and automatically write findings back.  See for yourself: dealroom.net/mcp ____________________ Episode Chapters [01:14] Introduction and Part 1 recap [03:54] Deal governance: go/no-go process and board sign-off [04:31] No handoffs: why the deal sourcer stays on the board post-close [04:59] HQ structure: 22 people distributed across geographies [07:05] Why so many compounder platforms come from the Nordics [07:23] The cultural reasons: flat hierarchy, financial transparency, equality [09:19] Nordic management style versus US hierarchy [13:53] Cross-border deal friction: SPA length and legal complexity [24:43] Programmatic serial acquirer versus roll-up [25:18] The 100-day plan question: when Lagercrantz uses one and when it doesn't [25:59] The Bergman & Beving spinout ecosystem: six listed companies [26:45] Jörgen's role at Bergman & Beving and how conflicts are managed [29:57] Geographic expansion: Germany, Netherlands, DACH, Northern Italy [31:30] Starting from scratch today: why programmatic takes 10 years [33:01] EPS as the true long-term performance driver, not stock price [33:52] The perpetual ownership model and why it attracts certain sellers [34:17] The founder who backed out twice, patience won the deal [35:36] Failure rate: targeting 10%, what drives deals off course

Jörgen Wigh, CEO of Lagercrantz Group Jörgen Wigh has been CEO of Lagercrantz Group (STO: LAGR-B) for over 20 years. In that time he completed 90+ acquisitions, built a portfolio of 85 niche B2B companies, and delivered 15 consecutive years of record earnings per share. No capital raises. No forced integration. No exits. The Nordic compounder model has quietly outperformed global markets for decades, and Lagercrantz is one of the longest-running, most disciplined examples of it in operation. In Part 1 of 2, Jörgen walks through the deal model behind that track record.   What You'll Learn How Lagercrantz finds companies that are not for sale, and why the first call almost never closes a deal How Jörgen pushes for exclusivity in weeks when most sellers are running a banker-led process The earnout structure Jörgen uses to keep founders motivated for three years after signing What he says when PE shows up at 11x and the seller is tempted to take the bigger check Why founders walk away from more money for legacy preservation, and the conversation that earns it How to close 8 to 12 deals a year without breaking pricing discipline If you are holding pricing discipline against private equity and want to know whether your team would do the same, DealPilot, powered by M&A Science, runs the M&A Competency Assessment so you can benchmark deal judgment before the next term sheet. ____________________ This episode of M&A Science is presented by DealRoom. DealRoom just automated Pipeline Management with AI so you can spend less time updating deals, and more time working them.  Automatically push deal context from Outlook to DealRoom Pipeline and use AI to keep deal target data and tasks updated, so follow-ups never slip through the cracks. No manual logging. No stale pipeline data. See for yourself at dealroom.net/pipelineai ____________________ Episode Chapters [00:00] Introduction [05:48] Jörgen's path: analyst, McKinsey, and the Bergman & Beving spinout [07:00] Coming back as CEO in 2006 and rebuilding from scratch [09:21] Buy and hold, forever: how the model actually works [11:21] What makes a company worth buying (and what kills it) [12:28] A real deal: helicopter deck safety systems [13:52] Who sells to Lagercrantz, and why [15:44] The only two things Lagercrantz adds: energy and structure [20:17] Finding companies that are not for sale [22:36] When the banker shows up: getting exclusivity early [23:55] Holding the line at 4-8x EBITDA when PE bids 11x [25:09] The legacy preservation pitch that wins without matching price [33:38] Earnouts that keep founders motivated for three years [36:17] Running 85 companies with 22 people at HQ [36:46] The only three functions Lagercrantz centralizes [37:57] The annual MD conference and the peer network behind it [40:13] 8 to 12 deals a year, one a month

Tomer Stavitsky is SVP and Chief Corporate Development Officer at Omnicell (NASDAQ: OMCL) Corp dev teams treat M&A and partnerships as separate tracks, but Tomer Stavitsky looks at them holistically. In this episode, he breaks down the partner-first approach: an acquisition framework for situations where the target isn't ready, the PE owner isn't selling, or your integration capacity isn't there. He walks us through structuring the partnership, keeping the acquisition thesis alive through execution, negotiating and defending a right of first refusal, and managing the three-way stakeholder dynamic without signaling the wrong things at the wrong time.   What You'll Learn When partner-first is the right call and when it isn't How to keep the acquisition thesis alive through the partnership execution phase Managing the three-way dynamic between target leadership, the PE owner, and your own organization How to negotiate a right of first refusal and what happens when it gets tested Why teams pull the trigger too early and how to protect the process from internal pressure Applying partner-first to AI-era targets without getting caught in the hype cycle If you're working through a partner-first deal, the M&A Science membership has frameworks and tools built for exactly this kind of situation. Learn more at mascience.com/membership. ____________________ This episode is sponsored by DealRoom DealRoom's Buyer-Led M&A™ Summit is Back! Join me at the summit on May 20, a free virtual event hosted by DealRoom covering AI, pipeline, diligence, and integration across the deal lifecycle. Sessions run 11:30 AM to 1:30 PM ET.  Register here. ____________________ Episode Chapters [00:00] Introduction: Tomer Stavitsky's Background and the End-to-End Corp Dev View [08:04] Building or Rebuilding a Corp Dev Function [16:01] What Is the Partner-First Approach and When Does It Apply [21:10] Mapping the Market and Deciding Who Stays on the Watch List [24:13] Managing Multiple Targets Without Over-Committing [27:48] Using Exclusivity as a Strategic and Protective Tool [35:00] Managing the Three-Party Dynamic: Target Leadership, PE Owner, and Your Own Org [37:58] The Real Story: How a Partnership Became an Acquisition (Including the Competitive ROFR Moment) [42:41] The Most Common Mistake in Converting a Partnership to an Acquisition [44:32] Applying Partner-First to AI-Era Targets [49:21] What's the Craziest Thing You've Seen in M&A?

Chandradev Mehta, SVP Strategy and Business Development at Hexion Inc. Chandradev Mehta, SVP Strategy and Business Development at Hexion Inc., breaks down how a commodity chemical company uses M&A to transform into a technology-enabled, chemistry-as-a-service business. He covers the acquisition of an AI and MarTech company, the build vs. buy vs. partner decision framework, integration planning discipline, banker selection, small deal execution, and JV governance. What You'll Learn How to build a genuine build vs. buy vs. partner framework  and when each is right Why buying a commercialized or near-commercialized business changes your risk profile in ways that building from scratch can't (and never will) How Chandradev structures must-believes to maintain valuation discipline in competitive processes Why integration planning needs to start at IOI, not post-close What separates a banker worth your time from one running a numbers game Why small deals are frequently harder to execute than large ones (and how to protect against organizational deprioritization) How to negotiate JV governance before you need to unwind it ____________________ If you're building an M&A capability from scratch or trying to get your team aligned on deal fundamentals, the M&A Fundamentals Track on DealPilot covers the full deal life cycle in roughly five hours, including vocabulary, process, and both sides of the table. Access it when you become an M&A Science member. ____________________ This episode is sponsored by DealRoom DealRoom's Buyer-Led M&A™ Summit is Back! Join me at the summit on May 20, a free virtual event hosted by DealRoom covering AI, pipeline, diligence, and integration across the deal lifecycle. Sessions run 11:30 AM to 1:30 PM ET.  Register here: https://hubs.ly/Q0496h-s0 ____________________ Episode Chapters [00:00] Introduction [04:41] From Investment Banking to the Principal Side [10:24] Using M&A to Transform Hexion [11:01] Build vs. Buy vs. Partner Framework [16:42] What Chemistry as a Service Actually Means [23:43] Sourcing Deals: Push and Pull Model [26:24] What Makes a Banker Actually Useful [29:12] Valuation Discipline and Must-Believes [36:21] Environmental Risk in Chemical Deals [36:46] Why Small Deals Are Harder Than They Look [41:21] Joint Ventures: Negotiate the Divorce First [43:25] Execution Principles and Stakeholder Alignment [47:08] Getting Deals Actionable

Keith Levy, Operating Partner at Sonoma Brands Capital Most consumer brand founders think about exit as an event. Keith Levy thinks about it as a design requirement. In the second of two episodes, Keith walks through what exit-ready actually looks like in CPG: the revenue and EBITDA thresholds that matter, why you have to get beyond the corp dev team to the operators who actually need what you're building, how capital gets wasted at every stage of a brand's lifecycle, and what the investments that produce exits have in common versus the ones that don't. If you missed the first episode, it covers Keith's five-pillar CPG diligence framework and the Touchland and Bachan's case studies. Start there. What You'll Learn What revenue and EBITDA thresholds a consumer brand needs to attract a strategic acquirer. Why getting to corp dev is not enough, and how to reach the operators who actually need your brand. How capital gets wasted at each stage of a CPG brand's lifecycle. Why execution is where most investments fail, not the idea or the founder. What the celebrity founder model got wrong, and why copying a formula that worked once rarely works twice. What the investments that produced exits at Sonoma Brands had in common. ____________________ If you're building a consumer brand toward exit or evaluating one for acquisition, DealPilot, powered by M&A Science, has the practitioner playbook for CPG exit positioning. Join at mascience.com/membership. Already a member? The bonus conversation with Keith is live now: boards, earnouts, and the hardest lessons from six years backing consumer brands. ____________________ This episode is sponsored by DealRoom DealRoom's Buyer-Led M&A™ Summit is Back! Join me at the summit on May 20, a free virtual event hosted by DealRoom covering AI, pipeline, diligence, and integration across the deal lifecycle. Sessions run 11:30 AM to 1:30 PM ET. Register here: https://hubs.ly/Q0496h-s0 ____________________ Episode Chapters [00:00:01] Intro [00:04:19] Day-to-day across 20+ portfolio companies [00:05:43] When to lean in and when to stay out [00:09:28] Pre-LOI landmines that kill deals early [00:13:26] The CPG brand lifecycle: from first check to exit [00:16:04] How capital needs change as a brand grows [00:20:15] Execution is why most investments fail [00:21:26] Capital allocation as the real test of a founder [00:23:00] What it takes to position a CPG brand for strategic exit [00:25:13] Big companies can't incubate brands — why that's your edge [00:26:23] Why you have to get beyond the corp dev team [00:29:48] What the investments that worked had in common [00:33:43] Why investments fall apart after you cut the check [00:35:16] The celebrity founder trap [00:39:16] How the Sonoma deal funnel actually works [00:45:22] What kills a deal at the investment committee stage

Dan Caruso, Managing Director, Caruso Ventures; Founding CEO of Zayo Group This is Part 2 of our conversation with Dan Caruso, founder and former CEO of Zayo Group. Be sure to start with Part 1. It covers the Zayo thesis, deal sourcing, structure, and the negotiation playbook, whereas this episode picks up at the execution. Part 2 is about the equity value-creation framework Dan built at Zayo, applying the same IRR math PE firms use for their portfolio companies to daily operating decisions. It replaced budgets and tied every compensation decision to a single equation. It ends with the exit and how Dan put together a competing bid after a buyer consortium locked up the debt market. What You'll Learn How Zayo's integration process matured across 45 deals +  where it broke post- IPO The equity value creation model: the IRR metric that replaced budgets and tied compensation to a single equation Negotiation tactics: countering lower, manufacturing urgency, and splitting the CEO from their investor at the table Culture during integration: one culture, take it or leave it IRR compression as a sell signal and how Dan acted on it before most saw it coming The sell process: engineering a competing bid after buyers locked up the debt market The ICG deal: $8.7M in, $250M out, 18 months Want to apply Dan's framework to your own business? The Intelligence Hub has the Equity Value Creation Operating Model, a step-by-step guide to replacing budget-based management with IRR as your operating compass. Access here.  ____________________ This episode is sponsored by DealRoom M&A Science is heading to ACG DealMax in Las Vegas, April 27–29 and we'd love to see you there. Stop by the booth for a book signing, swag, and a look at what the M&A Science and DealRoom teams have been building. Learn more and save the date: https://hubs.ly/Q043VnNH0 ____________________ Episode Chapters [00:02:28] Public company vs. private: what changed about deal execution. [00:03:40] Negotiation tactics: countering lower, manufacturing urgency, the CEO-investor wedge.  [00:08:15] Integration maturity: how execution evolved across 45+ deals. [00:18:43] Culture: join us or don't.  [00:20:35] Going public: super voting shares, activist investors, and the PR game Dan skipped.  [00:24:40] Post-IPO talent drain and what Dan would restructure in management equity.  [00:29:26] When to sell: reading value compression.  [00:33:03] The sell process: competing bid against a cornered debt market. [00:39:18] The equity value creation model: replacing budgets with IRR. [00:43:29] IRR as a real-time operating metric.  [00:49:50] Cruso Ventures, quantum, space, and Boulder Roots Music Fest. [01:01:06] The ICG deal: $8.7M in, $250M out

Dan Caruso, Managing Director, Caruso Ventures; Founding CEO of Zayo Group Dan Caruso built Zayo from a startup into an $8.5B bandwidth infrastructure platform through 45 acquisitions. In Part 1, he walks through the full buyer-led playbook — how the thesis was built on a contrarian bet that everyone else got wrong, how proprietary deals were sourced through early relationship-building, and why fast integration wasn't a reputation problem — it was a competitive advantage.  He also breaks down the metric trap most roll-up operators fall into: mistaking EBITDA growth for true value creation. If your board is tracking acquisitions individually or your deal structure is loaded with earnouts, this conversation will challenge how you're running the program. What you'll learn: How to identify and build a contrarian acquisition thesis with investor alignment Why proprietary deal flow is a brand and relationship problem, not a sourcing problem How Zayo executed an unsolicited, fully funded offer on a larger public company — and won Why tracking individual acquisitions kills synergies in a roll-up When earnouts hurt more than they help — and what to use instead How clean, all-cash offers win on certainty, not price Dan's approach to thesis validation, investor alignment, and platform value creation is documented in the Roll-Up Readiness Assessment inside the Intelligence Hub, a stage-gated guide built directly from this conversation. Access inside the Intelligence Hub — → Access inside the M&A Science Hub — members only. This episode of M&A Science is presented by DealRoom. DealRoom just automated Pipeline Management with AI so you can spend less time updating deals, and more time working them. Automatically push deal context from Outlook to DealRoom Pipeline and use AI to keep deal target data and tasks updated, so follow-ups never slip through the cracks. No manual logging. No stale pipeline data. See for yourself: https://hubs.ly/Q045fXp50 ____________________ Episode Chapters [00:02:00] Introduction: Dan Caruso and the Zayo Story [00:03:51] Background: From Ma Bell to MFS to Level Three [00:08:58] Lessons from WorldCom: What Fake Value Creation Looks Like [00:10:35] What First-Time Acquirers Get Wrong [00:12:39] Building the Zayo Thesis: Fiber Orphans and Accidental Owners [00:17:20] Raising Capital When You Have a Track Record [00:23:50] What Must Be True for the Thesis to Work [00:26:54] Why EBITDA Doesn't Measure Value Creation [00:29:15] The Danger of Tracking Acquisitions Individually [00:31:17] What Actually Drove Zayo's Success [00:36:10] Convincing Sellers: Proprietary Sourcing and Relationship Strategy [00:45:30] The Above Net Acquisition: Unsolicited, Fully Funded, at a Conference [00:51:02] Negotiation Tactics: Unpredictability, Silence, and Team Play [01:02:16] Deal Structure: Why Zayo Avoided Earnouts [01:03:56] Clean Cash Offers and Certainty of Close

Rodrigo Dominguez Sotomayor, Partner at White & Case LLP Most US buyers approach Latin America M&A the same way they do a domestic deal — optimize the process, close fast, move on. That approach gets deals killed. Rodrigo Dominguez Sotomayor, Partner at White & Case LLP, has spent 25 years closing transactions across every major Latin America market. In this episode, he walks through what actually determines outcomes: antitrust consent timelines, labor regimes that make post-close restructuring expensive, and the relationship dynamics that can unwind a billion-dollar deal a week before signing. What You'll Learn In This Episode:  How a PE fund lost a billion-dollar deal over 2% — and why it was avoidable Why LatAm antitrust approvals can take up to nine months and how to plan around them What no employment-at-will actually costs you post-close Why showing up to a LatAm auction without reps & warranties insurance is a disadvantage How to negotiate with family founders when price isn't what closes the deal Why 80% of Latin America deals now run through auctions Your standard diligence process will miss things that kill LatAm deals — statutory severance you didn't model, title searches that go back a hundred years, antitrust consent timelines that block close for months, auctions where R&W insurance is already expected. Running diligence on a LatAm target right now? The M&A Science Hub has two resources built directly from this episode — the LATAM Diligence Delta Checklist and the Latin America M&A Entry Playbook — plus an AI tutor trained on 400+ practitioner conversations you can pressure-test your current deal against. Members get access before the episode goes public. → Access inside the Intelligence Hub — members only.  This episode is sponsored by DealRoom Stop juggling six different tools to run one deal. DealRoom brings pipeline management, diligence tracking, document sharing, and team collaboration into one platform. Purpose-built for M&A teams who need to move fast without losing control. request your demo today: https://hubs.ly/Q03ZMvQX0 ____________________ Episode Chapters [00:04:26] Rodrigo's background: 25 years across Latin America M&A [00:06:57] How a cross-border acquisition actually starts [00:10:17] Bilateral deals and family-owned businesses [00:12:52] Reading the room: when not to push on numbers [00:14:12] The billion-dollar deal that fell apart over 2% [00:20:02] Antitrust consent regimes across LatAm [00:29:49] The union leader story [00:27:14] Labor, employment, and statutory severance [00:34:04] Reps & warranties insurance: now standard in LatAm [00:38:44] Auction vs. bilateral: the 80/20 split [00:44:01] FinTech opportunity in Latin America [00:48:05] NVCA forms and deal documentation [00:52:48] Post-close integration: what actually determines success [00:55:51] Craziest Thing in M&A

KI-Agenten im B2B-Vertrieb: Akquise auf Autopilot für den Mittelstand Geschätzte Lesedauer: 10 Minuten Hey, hier ist Christopher Funk. KI ist heute ein riesiges Thema. Alle fragen sich: Wie nutze ich das am besten? Ist mein Job in Gefahr? Deshalb zeige ich dir heute, wie KI-Agenten im B2B-Vertrieb deine Akquise fast von selbst machen. Der größte Hebel für Firmen liegt nämlich im Vertrieb. Hier kannst du viel mehr aus deinem Team holen. Dennoch passiert im Mittelstand in Deutschland aktuell noch sehr wenig. Das müssen wir ändern. Warum der Mittelstand jetzt schnell handeln muss Die Chance ist groß, jedoch schläft die Konkurrenz nicht. Weil viele Firmen aus dem Ausland bei der Künstliche Intelligenz B2B Akquise schon viel weiter sind, müssen wir hier aufwachen. Wer jetzt mutig handelt, holt sich folglich einen massiven Vorteil im Markt. Wer zu lange wartet, wird am Ende gnadenlos abgehängt. Die Gartner-Studie: 300 Prozent mehr Erfolg Lass dir diese Zahl einmal auf der Zunge zergehen. Eine Studie von Gartner besagt: Verkäufer, die KI als Hilfe nutzen, haben eine dreimal höhere Chance auf Erfolg. Das ist folglich ein Plus von 300 Prozent! Viele sagen dann: "Klingt toll, aber wir haben Sorgen beim Datenschutz und unsere IT hat keine Zeit." Die Lösung ist jedoch sehr einfach: Beauftrage Experten, die das schon für andere Firmen umgesetzt haben. Was genau machen KI-Agenten im B2B-Vertrieb? Vielleicht kennst du den Begriff schon. Aber was steckt genau dahinter? Ein KI-Agent ist im Grunde ein sehr schlaues Skript. Es lernt, bestimmte Aufgaben genau so zu machen, wie wir Menschen es tun würden. Allerdings läuft das alles am PC ab. Zum Beispiel klickt sich der Agent durch Programme, sucht im Netz und wertet Daten aus. Dadurch baut er einen klaren Plan, um dein Ziel im Verkauf zu erreichen. Dein digitaler Helfer, der niemals schläft Stell dir vor, du hast einen Helfer, der 24 Stunden am Tag für dich arbeitet. Er wird nie müde, er macht außerdem keine Pausen und er bleibt immer ruhig. Genau das machen KI-Agenten im B2B-Vertrieb. Sie nehmen dir die extrem lange Vorarbeit ab. Folglich musst du eigentlich keine manuelle Suche nach neuen Kunden mehr machen. Während du dich voll auf das Verkaufen fokussierst, arbeitet das System im Hintergrund weiter. Künstliche Intelligenz B2B Akquise: Signale zum Kauf finden Wie finden wir nun heraus, wer unser Produkt am meisten braucht? Früher haben wir im Buch geblättert oder einfach auf gut Glück angerufen. Heute liest die KI stattdessen Millionen von Daten aus. Und das passiert in einer Tiefe, die für uns Menschen per Hand gar nicht machbar wäre. Versteckte Bedarfe in Daten schnell erkennen Häufig fängt die KI von hinten an. Sie prüft: Was baut dein Kunde eigentlich? Welche Titel für Jobs gibt es in der Firma? Haben sie vielleicht gerade neue Leute in der Fabrik eingestellt? Weil die KI all diese offenen Daten aus Berichten, Websites und Jobs bündelt, liefert sie dir am Ende sehr gute Leads. Das spannende Beispiel der CNC-Maschine Dazu ein tolles Beispiel aus unserem Gespräch mit Anthony Filipiak von Ampli: Stell dir vor, du verkaufst Öle für Maschinen. Du wusstest vielleicht gar nicht, dass eine Firma eine kleine Halle hat, in der eine CNC-Maschine steht. Die KI findet jedoch heraus, dass dort jemand arbeitet, der als Job "CNC-Fräser" angibt. Bumm! Schon weißt du, dass dort eine Maschine steht. Folglich brauchen sie dein Öl. So elegant kannst du B2B Akquise automatisieren. Fördermittel und Projekte als Chance nutzen Das Ganze wird sogar noch besser. Die KI kann mühelos große Listen für Fördermittel prüfen. Weil jedes bewilligte Geld vom Staat in Deutschland offen einsehbar ist, liefert das geniale Signale. Bekommt eine Firma Geld für eine neue Maschine, weißt du sofort: Da kommt bald ein Projekt. Du kannst also den Kontakt suchen, lange bevor das Projekt offiziell startet. Dadurch bist du der Erste. Psychologie im Verkauf durch KI-Agenten im B2B-Vertrieb Vertrieb ist und bleibt ein Geschäft von Mensch zu Mensch. Daran wird sich auch in Zukunft nichts ändern. Die Psychologie fängt jedoch schon viel früher an. Du kannst nämlich nicht tausend Leuten die gleiche unpersönliche Mail schicken und dabei auf großen Erfolg hoffen. Genau hier setzen KI-Agenten im B2B-Vertrieb völlig neue Maßstäbe. Die DISG-Analyse für perfekte E-Mails Bevor die KI eine Mail schreibt, macht sie eine tiefe Analyse der Person. Wir nutzen dafür zum Beispiel das bewährte DISG-Modell. Die KI prüft genau: Wie schreibt dieser Mensch auf LinkedIn? Macht er kurze, knappe Posts? Dann braucht er harte Fakten und klare Zahlen. Nutzt er hingegen viele Bilder und warme Worte? Dann muss der Text Bilder im Kopf wecken und Vertrauen aufbauen. Demzufolge schreibt die KI den Text exakt passend zu diesem Typ. Datenschutz bei der Suche nach neuen Kunden Das ist die typisch deutsche Frage, obgleich sie natürlich sehr wichtig ist. Darf ich diese Daten überhaupt nutzen? Darf ich die Leute einfach so anschreiben? Die klare Antwort lautet: Ja, wenn du alle Regeln einhältst und alles legal machst. Wir raten deshalb zu Servern in Deutschland. Zudem solltest du selbst trainierte, sichere Systeme nutzen. Berechtigtes Interesse als sicherer Schlüssel Bei dem Erstkontakt im B2B-Bereich geht es immer um das berechtigte Interesse. Wenn du beweisen kannst, dass die Firma eine CNC-Maschine hat und du folglich passendes Zubehör anbietest, dann ist dieses Interesse absolut gegeben. Weil du keine Spam-Mails schreibst, sondern einen echten Mehrwert für seinen Job lieferst, sind die Leser oft sogar dankbar. Angebote nach Maß durch KI-Agenten im B2B-Vertrieb Der Termin hat endlich geklappt. Was passiert danach jedoch allzu oft? Der Verkäufer schickt drei Tage später eine langweilige Mail mit einer Standard-PDF. Das ist ein riesiger Fehler! Weil du vorher alles perfekt gemacht hast, solltest du auch nach dem Termin stark weitermachen. Hier kommen sogenannte Dealrooms ins Spiel. Dealrooms: Der Gamechanger nach deinem Termin Ein Dealroom ist eine dynamische Website, die speziell für deinen Kunden gebaut wird. Sobald euer Meeting vorbei ist, baut die KI diese Seite völlig automatisch auf. Was sieht der Kunde dort? Ein passendes Zitat aus eurem Call. Ein klares Skript vom Meeting mit den besten Highlights. Einen eigenen Rechner für seinen Gewinn (ROI). Das fertige Angebot mit allen besprochenen Paketen. Gute Fallstudien aus seiner Branche. Weil all das komplett von selbst abläuft, denkt der Kunde, du hast stundenlang an diesem Angebot gebaut. In Wahrheit haben KI-Agenten im B2B-Vertrieb die harte Arbeit für dich gemacht. So startest du mit der Künstlichen Intelligenz B2B Akquise Wie fängst du nun am besten in der Praxis an? Ein super Ansatz ist der Bau eines Playbooks. Die KI prüft dafür deine Website und deine Produkte. Danach definiert sie den Wert, die Zielgruppen und die Probleme der Kunden. Du schaust als Experte danach noch einmal drüber, machst es noch besser und schon hast du die perfekten Daten zum Trainieren. Alte Kontakte wecken und Potenziale klug nutzen Der leichteste Start ist oft dein eigenes CRM. Dort liegen meistens hunderte Kontakte, die seit Jahren niemand angerufen hat. Lass die KI deshalb diese alten Daten prüfen. Stimmen die Jobs überhaupt noch? Gibt es heute neue Kontakte? Starte folglich eine gute Aktion zur Reaktivierung. Wenn jemand deine Mail liest, startet die KI zudem ein Retargeting und lädt ihn zum Beispiel zum nächsten Webinar ein. Die spannende Zukunft der KI-Agenten im B2B-Vertrieb Die Technik entwickelt sich momentan extrem schnell weiter. Heute ist die KI in vielen Dingen schon besser als der schlauste Mensch der Welt. Die großen Tech-Firmen fragen sich jedoch jetzt: Was kommt nach den bekannten Modellen für Sprache? Large Action Models und ganz neue Hardware Die Zukunft gehört ganz klar den sogenannten Large Action Models (LAMs). Diese Modelle verstehen nämlich nicht nur Sprache, sondern machen auch selbstständig komplexe Klicks in vielen Software-Tools. Wer im Vertrieb dauerhaft vorne bleiben will, muss diese schnellen Trends deshalb unbedingt fest im Auge behalten. Fazit: Der Mensch bleibt immer im Mittelpunkt Wir Menschen sind und bleiben soziale Wesen. Wir wollen schließlich mit echten Menschen reden. Dass eine KI komplett mit einer anderen KI den Vertrieb macht, ist folglich noch lange Träumerei. Vertrieb bleibt Empathie, aktives Zuhören und der Aufbau von Vertrauen. Du solltest KI jedoch überall dort nutzen, wo sie dir extrem helfen kann. Nutze KI-Agenten im B2B-Vertrieb für die Suche, die lange Vorbereitung und den Bau von Angeboten. Dadurch hast du endlich wieder die nötige Zeit für das, was wirklich zählt: Deine echten Kunden. In wenigen einfachen Schritten zur smarten Akquise. So startest du mit der Künstlichen Intelligenz B2B Akquise in deiner Firma: Schritt 1: Playbooks bauen. Lass die KI deine Website scannen, um automatisch klare Playbooks für deine Produkte, inklusive dem echten Wert und den passenden Zielgruppen, zu erstellen. Schritt 2: Daten klug prüfen. Weil niemand dein Produkt so gut kennt wie du, prüfst du die von der KI erstellten Daten und passt sie an deine echte Praxis im Verkauf an. Schritt 3: Schnelle Erfolge ernten. Binde dein CRM an. Lass die KI danach als Erstes alte Daten auf aktuelle Jobs prüfen und alte Kontakte wieder wecken. Schritt 4: Kaufsignale klar definieren. Bestimme konkrete Ziele (z.B. neue Maschinen, Fördermittel oder neue Jobs), nach denen der Agent im Netz suchen soll. Schritt 5: Echte Ansprache aktivieren. Lass den Agenten die gefundenen Leads prüfen und daraufhin voll von selbst mit passenden, DISG-starken Mails anschreiben. Sind KI-Agenten im B2B-Vertrieb wirklich legal? Ja, sofern sie richtig eingesetzt werden. Im B2B-Umfeld greift nämlich das Prinzip des berechtigten Interesses. Wenn die Analyse ergibt, dass dein Produkt ein echtes Problem des Kunden löst, ist ein Kontakt legal. Wichtig ist zudem die Nutzung von sicheren Servern in Europa. Ersetzen KI-Agenten im B2B-Vertrieb mein Team? Nein, absolut nicht. Sie machen dein Team stattdessen deutlich schneller. Weil die KI lange Aufgaben wie die Suche nach Leads und die Pflege der Daten übernimmt, kann sich dein Team zu 100 Prozent auf echte Gespräche fokussieren. Für welche Branchen passen diese Tools besonders gut? Besonders der produzierende Mittelstand profitiert extrem davon. Firmen aus dem Maschinenbau oder der Technik haben oft Produkte, die man erklären muss. Hier kann die KI durch das Finden von Signalen (Projekte, Fördermittel) enorme Vorteile gegenüber der Kaltakquise bieten. Was ist ein Dealroom genau? Ein Dealroom ist eine dynamische Website für deinen Kunden. Nach einem Gespräch baut die KI automatisch diese Seite. Sie zeigt folglich den Text vom Gespräch, ein passendes Angebot und zudem einen ROI-Rechner. Was sind Large Action Models (LAMs)? Während alte Modelle nur Texte schreiben, können Large Action Models stattdessen eigenständig komplexe Klicks in vielen Software-Tools machen. Sie sind demzufolge der nächste große Schritt in die Zukunft. Was denkst du darüber? Nutzt du in deiner Firma schon smarte Tools für neue Kunden oder hast du noch Sorgen? Schreib mir deine Erfahrungen deshalb gerne in die Kommentare oder teile diesen Artikel mit deinem Netzwerk! Ich bin extrem gespannt auf die Diskussion.

Chrissy Cox, VP & Head of Corporate Development, Booz Allen Hamilton ​​Booz Allen Hamilton didn't build one of the most active acquisition programs in federal tech by waiting for banker inbounds. They built it by showing up years before anyone else. Chrissy Cox has built Booz Allen's corporate development function from scratch and done it twice. Her team was named Deal Team of the Year by the Association for Corporate Growth, and under her leadership, roughly 80% of their acquisitions come from companies they already have a relationship with. That's not luck, it's a system. In this episode, she breaks down exactly how that system works — from pipeline development to cultural diligence to integration ownership — and what most corp dev teams get wrong before they ever get to LOI. What You'll Learn in This Episode How to build a proprietary pipeline that makes you the preferred buyer before a process starts The specific cultural fit questions Chrissy asks — and the one answer that ended a deal on the spot Why she tells founder-led sellers to hire their own banker, even on proprietary deals How to navigate a carve-out when scope is impossible to fully define upfront When spinning out a business beats building it internally The three mistakes that derail most corp dev functions before they find their footing This episode is sponsored by M&A Science Intelligence Hub If you're trying  to move from cold outreach to genuine relationship-building with targets, the Intelligence Hub has the Partner-First Acquisition Evaluation Playbook — a practitioner-built framework for structuring pre-acquisition partnerships, evaluating targets through the lens of existing relationships, and moving from partner to acquirer with conviction. Become an M&A Scientist at www.mascience.com/membership  _____________________ ‍This episode is also sponsored by DealRoom‍ The best M&A teams close deals faster...not because they work harder, but because they have better systems. DealRoom helps you manage your entire deal lifecycle from target identification through close. No more hunting for documents or wondering what's blocking progress. Request a Demo today: https://hubs.ly/Q03ZMvQX0 ____________________ Episode Chapters  [00:00:00] Intro [00:04:20] Chrissy Cox's path into M&A [00:05:04] Building Booz Allen's corp dev function [00:10:32] How Booz Allen builds a proprietary deal pipeline [00:15:08] The partner-first approach to acquisitions [00:20:31] When founders should consider selling [00:23:49] Why culture can kill a great deal [00:29:40] Carve-out lessons from the PAR Government deal [00:33:24] Why founders should hire bankers [00:43:43] Integration: protect the secret sauce [00:48:01] The biggest mistakes in corporate development [00:49:33] The craziest thing about M&A

Nathan Rust, Senior VP of Corporate Development, Salas O'Brien Salas O'Brien has completed 30+ mergers with a 100% success rate and 93% cumulative leadership retention.  That doesn't happen by accident. Nathan Rust, Senior VP of Corp Dev, explains the system behind those numbers. He shares how they screen bad fits on the first call, why their CEO meets every employee from acquired firms, and how a founder-driven sourcing flywheel attracts inbound deals. In this episode: You'll learn how they screen 200+ opportunities a year down to the ones worth closing, why their initial diligence list is 10 questions, how reverse due diligence works as a real screening tool, and what CEO-led integration meetings mean for retention. The core argument: Cultural fit isn't a soft metric. Believe it or not, it's the primary filter for deals. EBITDA tells you what you're buying, but people tell you whether it survives.  If you run corp dev at a people-intensive business and wonder why your post-close retention doesn't match your pre-close promises, this episode is for you. What You'll Learn in This Episode Why retention is one of the most overlooked risks in M&A How cultural compatibility is assessed during early conversations Why many buyers damage their reputation by retrading deals How equity rollovers align incentives between buyers and sellers Why simplicity in diligence often produces better results How direct outreach and referrals drive proprietary deal flow The role of reverse diligence in evaluating buyer credibility This episode is sponsored by M&A Science If you're struggling to retain founder-led leadership teams post-close, the Hub has frameworks for cultural integration and leadership retention to help you actually deliver on what you promised at signing. Get access at www.mascience.com/membership _____________________ This episode is also sponsored by DealRoom The best M&A teams close deals faster...not because they work harder, but because they have better systems. DealRoom helps you manage your entire deal lifecycle from target identification through close. No more hunting for documents or wondering what's blocking progress. Request a Demo today: https://hubs.ly/Q03ZMvQX0  ____________________ Episode Chapters  [00:04:40] Nathan's Background & How It Shaped His M&A Philosophy [00:09:25] Why People Are the Primary Deal Filter [00:11:23] The Three Screening Criteria on Every First Call [00:16:51] Earnouts, Equity Rollover, and Employee Ownership [00:21:21] Deal Sourcing: Employee Referrals, Buy-Side Reps, Direct Outreach [00:33:37] How Introductory Calls Actually Run (And Why They're 90% Personal) [00:42:10] The 10-Question Diligence List & Reverse Due Diligence   [00:47:50] Valuation Philosophy — Fair Offers, No Retrading [00:51:10] ESOP Deal Complexity & The Charlotte Deal Story [00:55:00] Integration: Why the CEO Meets Every Employee [00:57:44] The Craziest Thing in M&A 

President & CEO of The ChemQuest Group. Previously, as VP of Corporate Strategy at Milliken & Company When it comes to billion-dollar deals, success depends less on how much analysis is done and more on how clearly the organization aligns around what truly matters. In this episode of the M&A Science Podcast, Robert Lovegrove, President & CEO of The ChemQuest Group. Previously, as VP of Corporate Strategy at Milliken & Company, shares how one of the company's largest acquisitions was shaped by focus, discipline, and internal alignment. Rather than overwhelming the process with more diligence, leadership centered the decision around four core questions that clarified risk, built conviction, and guided a confident go / no-go decision. Robert also explains how adjacency-based M&A reduced execution risk, why trust mattered more than price in winning the deal, and how treating culture as a deal consideration—rather than an integration afterthought—helped unlock long-term growth. What You'll Learn in This Episode How to create executive alignment in high-stakes M&A decisions The four questions that anchor go / no-go decisions at scale Why adjacency-driven M&A improves confidence and execution How trust can outweigh price in competitive deal processes Why culture should be treated as a deal risk, not an HR issue This episode offers a practical perspective for M&A leaders navigating complex decisions where clarity and conviction matter as much as valuation. Listen to the full episode to learn how strategic focus can define billion-dollar outcomes. _____________________ This episode is brought to you by the M&A Science Intelligence Hub. You know that feeling when you're deep in a deal and something doesn't sit right, but you've already invested weeks into it? The Intelligence Hub helps you think like someone who's walked away from bad deals before — because they have. Pattern recognition from 400+ practitioner interviews, with citations back to the exact conversation. Join the professional membership at mascience.com/membership. _____________________ This episode is also sponsored by DealRoom Stop juggling six different tools to run one deal. DealRoom brings pipeline management, diligence tracking, document sharing, and team collaboration into one platform. Purpose-built for M&A teams who need to move fast without losing control.  Request your demo today:https://hubs.ly/Q03ZMvQX0 ____________________ Episode Chapters  [00:04:24] From Engineer to Strategy Chief – Robert Lovegrove's path from mechanical engineer to VP of Corporate Strategy at a 160-year-old family-owned industrial.  [00:05:23] Designing for Dividends – Reorienting corporate strategy around stable dividend growth instead of pure enterprise value expansion.  [00:09:24] Portfolio Surgery – Using market attractiveness vs. competitive position to rebalance cyclicality and reshape capital allocation.  [00:10:26] The Adjacency Map Framework – Defining "right-to-win" expansion zones across technology, geography, business model, and customer verticals.   [00:13:38] Tollgates Before IOI – Aligning board approval and capital allocation early to enter deals with conviction and certainty.  [00:15:56] Day Two Strategy Integration – Building 7-year strategic plans with acquired teams to create solution co-ownership post-close.  [00:21:07] Soft vs. Hard Synergies – Prioritizing growth conviction and scalable models over traditional cost-cutting synergies.  [00:30:27] Winning with Emotional Alignment – Provoking sellers with vision-led conversations that secure management support—even without the highest bid.   [00:38:09] Four Questions Behind a Billion-Dollar Deal – Testing technology defensibility, customer concentration risk, growth durability, and talent retention. [00:45:37] Capital Allocation Battles – How M&A competes with organic investments across 20 SBUs and dozens of profit centers.  [00:51:16] Customer Awareness as Risk Control – Using third-party market interviews to prevent post-close revenue surprises.  [00:58:50] The Craziest Thing in M&A – An 11th-hour closing crisis triggered by a messy divorce and disputed property title nearly derailing the deal  

Birgitta Elfversson, Non-executive director at Netlight Consulting AB Lars Elfversson, VP/Co-Founder, Netlight Consulting AB In fragmented industries, roll-ups are one of the most powerful strategies available. But high-volume acquisition programs come with hidden risks. Without discipline, complexity can quickly overwhelm value creation. In this episode, Birgitta Elfversson, Non-executive director at Netlight Consulting AB, and Lars Elfversson, VP/Co-Founder, Netlight Consulting AB, share hard-won lessons from building and governing multiple roll-up platforms. Drawing on their experience as operators, board members, and investors, they outline the structural guardrails required to execute consolidation strategies successfully. The conversation goes beyond sourcing and valuation to issues that determine long-term success. What you'll learn: Why small pipelines create dangerous decision pressure How subtle drift reshapes portfolios over time The importance of defining and defending an acquisition framework Why most roll-ups fail because of people, not numbers How inconsistent integration across acquisitions compounds complexity Why clarity (whether full, partial, or no integration) must be defined early and communicated clearly They also discuss governance discipline, board oversight, founder psychology, and the realities of market timing and exit decisions. If you're building or advising a roll-up platform, this episode is a practical guide to avoiding deal fever and installing the guardrails that protect strategy. _____________________ This episode is sponsored by DealRoom The best M&A teams close deals faster...not because they work harder, but because they have better systems. DealRoom helps you manage your entire deal lifecycle from target identification through close. No more hunting for documents or wondering what's blocking progress. Request a Demo today  ____________________ Become an M&A Scientist: www.mascience.com/membership - $995/year for full access to the Intelligence Hub ____________________ Episode Chapters  [00:02:38] From Organic Builder to PE Rollups – Lars and Birgitta contrast building companies 100% organically vs. scaling through programmatic M&A. [00:10:07] Validating the Rollup Thesis – How PE firms test market fundamentals, recruit operators, and pressure-test early industry hypotheses. [00:13:02] Defining the Acquisition Framework – Setting guardrails on size, profitability, services, and integration logic before chasing deals. [00:15:46] Avoiding Deal Fever with Massive Pipelines – Why long target lists prevent desperation, strategy drift, and "must-win" mistakes. [00:21:07] Saving Your Silver Bullets – How board members influence management without overplaying authority or derailing alignment. [00:23:43] Why Deals Go Off the Rails – How incentives, scarcity, and human bias quietly nudge teams away from original criteria. [00:29:10] Picking the Right Companies to Buy – The three core filters: business model, size compatibility, and profitability profile. [00:46:06] Integration Depth Drives Exit Value – Why partial integration destroys valuation and how buyers now scrutinize ERP, systems, and operational cohesion. [01:01:56] Signing 27 Deals in One Day – A firsthand look at high-velocity rollups and the operational intensity behind scaling platforms. [01:02:37] The Craziest Thing in M&A – Accounting "creativity," forward-recognized revenue, and a deal so distorted it forced a divestiture and loss. ____________________ Questions, comments, concerns?Follow Kison Patel for behind-the-scenes insights on modern M&A.

Carlos Cesta, Partner at Makanta Services M&A isn't just about closing deals, it's about making the deal actually work.  Carlos Cesta, M&A advisor and founder of his own boutique advisory practice, spent 30 years on the buy-side at Verizon, Dentsu, Presidio, and NP Digital. He's worked 125+ deals across telecom, advertising, and digital marketing. Now he's flipped to advisory, bringing that buy-side operator mindset to entrepreneurs preparing for exit. In this episode of the M&A Science Podcast, Carlos Cesta, Partner at Makanta Services, breaks down how seasoned buyers really think about M&A. Not as a linear process, but as a series of decisions that constantly reshape one another. Carlos shares why strategy is as much about what not to pursue, and he also explains why one-size-fits-all deal templates fail, how earnouts are often misused, and what experienced buyers do differently to protect value after closing. Things You'll Learn: Why M&A strategy also means defining what you WON'T buy  The deal spiral model experienced buyers use How to start integration planning before LOI How to structure earnouts that actually work Using deal structure earnouts as a risk management tool _____________________ M&A Doesn't Have to Be So Painful

Christian Hassold, Senior Vice President of Corporate Development and Strategic Partnerships at Wpromote x Giant Spoon Christian has been on both sides of M&A as a serial founder and corporate development leader. In this episode, Christian shares his hard-earned lessons about culture as the ultimate deal-breaker in M&A. He breaks down the subtle red flags that founders miss when evaluating acquisition targets, explains why he interviews employees before talking to investors, and shares the fascinating story of acquiring a competitor that was shutting down—where culture assessment made all the difference. Christian also introduces his 5-pillar lean M&A framework and explains why "commit to close" doesn't mean ignoring red flags, but rather cataloging them until you have enough evidence that culture fit is fundamentally broken.   Things You'll Learn Why interviewing employees before investors reveals the real culture story—and the specific red flags that signal a deal should stop  How to distinguish between fixable cultural friction and fundamental misalignment that will crater post-merger integration The "commit to close" philosophy that balances conviction with cataloging red flags—knowing when three strikes means you walk away _____________ Buyer-Led M&A™: The Framework is Now Available Traditional M&A is broken. Buyers chase auctions. Sellers control the process. It's reactive, inefficient, and exhausting. After 300+ episodes of M&A Science, I've taken insights from the world's top corp dev leaders and distilled them into a practical framework for taking control of your M&A pipeline—how to source deals directly, build relationships earlier, and stop being auction-chasers. If you'd like to build a proactive M&A program that founders actually want to engage with, you can grab your copy. https://dealroom.net/resources/ebooks/buyer-led-m-a-tm-the-framework  _____________ This episode is sponsored by DealRoom! Turn your chaos into control. Tired of chasing updates across spreadsheets and email threads? Discover how DealRoom helps corporate development teams bring order to M&A. 

Donara Jaghinyan – Transformation and Integration Leader Donara Jaghinyan, returns for Part 2 of our conversation on what actually breaks integrations after the deal closes. This episode tackles the messy reality of post-merger execution: integration debt that piles up when long-tail items don't get done, change management as a practical framework (not corporate fluff), and the cultural friction that surfaces in cross-border deals. Donara shares firsthand experiences navigating gender-based hierarchy in Middle Eastern TSA negotiations, building trust across geographies, and managing the communication breakdowns that create employee uncertainty. If you missed Part 1, listen to that first—then come back for the operational realities that determine whether your deal actually delivers value. Things You'll Learn What integration debt actually is and why long-tail items get forgotten six months post-close without a formal tracking system Change management as a framework, not fluff—identifying friction points, enabling change agents, and communicating up to seven times before messages reach end users Cross-border cultural challenges that don't show up in diligence, including hierarchy-based decision-making and relationship-building strategies that work globally  _____________

Pour télécharger les guides de Board Project, le collectif que j'ai co-fondé, consacrés à la gouvernance des start-ups et scale-ups : le premier porte sur ce qui fait vraiment une gouvernance efficace (prise de décision, rôle du board, signaux d'alerte) et le second sur la rémunération des administrateurs indépendants, avec des benchmarks, des modèles concrets et des règles claires.You can download the Board Project guides (the collective of iNEDs I co-founded) covering effective governance and independent directors' remuneration.Here : www.board-project.com/publicationsIn this episode of Finscale, I welcome Yoram Wijngaarde, Founder and CEO of Dealroom.co, for a sharp, data-backed conversation on what is really happening in the global tech and venture capital ecosystem. Beyond headlines and hype, this episode offers a rare, factual look at how innovation, capital and power dynamics are shifting.We discussed: • Yoram's journey from investment banking at Lehman Brothers to founding Dealroom, and how the financial crisis and M&A work with startups shaped his entrepreneurial path. • How Dealroom evolved from a deal-making idea into a global data platform used by VCs, tech giants and more than 100 governments to understand and benchmark innovation ecosystems. • The unique methodology behind Dealroom's data, combining public sources, deep human-led research and contributions from a global community of investors, founders and universities. • What the last 18–24 months really look like for venture capital, with global investment still far below 2021 peaks despite massive AI rounds, and Europe stabilising around €60bn per year. • The growing gap between the US and Europe, driven by AI mega-deals, rising valuation multiples in the US, and Europe's relative absence from the largest funding rounds. • Sector-level shifts beyond AI, including the return of fintech through incumbents and infrastructure plays, and the explosive rise of deep tech and defense, security and resilience. • How Dealroom is preparing for the next wave of AI, from transforming its internal development processes to building a shared global data layer for cities and startup ecosystems.A clear, insightful episode that replaces speculation with data — and offers essential perspective for anyone navigating tech, venture capital or innovation today.Yoram's recommendation : • Odd Lots, the Bloomberg podcast.Useful links:Yoram Wijngaarde: https://www.linkedin.com/in/yoramdw/Dealroom.co: https://dealroom.co/ ********************Finscale is much more than a podcast. It's an ecosystem that connects key players in the financial sector through networking, coaching, and strategic partnerships.

Pour télécharger les guides de Board Project, le collectif que j'ai co-fondé, consacrés à la gouvernance des start-ups et scale-ups : le premier porte sur ce qui fait vraiment une gouvernance efficace (prise de décision, rôle du board, signaux d'alerte) et le second sur la rémunération des administrateurs indépendants, avec des benchmarks, des modèles concrets et des règles claires.You can download the Board Project guides (the collective of iNEDs I co-founded) covering effective governance and independent directors' remuneration.Here : www.board-project.com/publicationsThis is an excerpt of Solenne's conversation with Yoram Wijngaarde, Founder and CEO at Dealroom.co.Finscale is also available on YouTube: https://www.youtube.com/@finscale.********************Finscale is much more than a podcast. It's an ecosystem that connects key players in the financial sector through networking, coaching, and strategic partnerships.

Donara Jaghinyan – Transformation and Integration Leader Donara joins us to pull back the curtain on why integrations break—and what it actually takes to make them work. With deep experience across healthcare, SaaS, professional services, and financial services in both public and PE-backed environments, Donara has led diligence, post-close integration, TSA execution, and enterprise system implementations. This episode tackles the hard truths about carve-outs, TSA management, day-one readiness, and the cross-functional dependencies that most teams miss until it's too late. If you've ever wondered why integration timelines slip or costs balloon, this conversation delivers the answers. Things you will learn: Why TSAs aren't contracts, they're projects with hard deadlines, cost escalations, and integration dependencies that functional teams consistently underestimate The hidden complexity of carve-outs and how scope, vendor negotiations, and people gaps create surprises even with solid diligence How Integration Management Offices (IMOs) orchestrate cross-functional dependencies that functional leads can't see  _____________

#724 LinkedIn isn't just a “nice to have” anymore — it might be the fastest way to build real B2B pipeline if you know how to play the game! In this episode, host Brien Gearin sits down with Shamus Madan, founder of Dealroom Media, to break down how his team helps founders go viral on LinkedIn and turn content into sales conversations. Shamus shares his origin story (starting a podcast at 15, working his way up to landing Mark Cuban), the hard pivot that saved his business after nearly running out of money, and the simple system they use today: biweekly founder interviews, turning those into high-performing posts, scheduling + approvals, and tracking results. They also unpack the difference between “virality” vs. “pipeline content,” the three ingredients of a winning LinkedIn hook, how often to post, what actually matters on your profile, and why content-first companies will win the next decade! What we discuss with Shamus: + LinkedIn as a pipeline engine + Virality vs. pipeline content + Founder-led personal brands + Three-part viral hook formula + Biweekly SME interviews + Content from conversations + Posting frequency (3–5/week) + Profile optimization basics + Month-to-month client model + Content-first growth strategy Thank you, Shamus! Check out Dealroom Media at Dealroom.media. Watch the ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠video podcast⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ of this episode! To get access to our FREE Business Training course go to ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠MillionaireUniversity.com/training⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ To get exclusive offers mentioned in this episode and to support the show, visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠millionaireuniversity.com/sponsors⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Learn more about your ad choices. Visit megaphone.fm/adchoices

Andy Cohen, Vice President of Corporate Development at F5 Andy has built a career that proves M&A is fundamentally about relationships, not just transactions. With 30 years of experience and 60 deals closed across high-growth tech companies including Citrix, Acquia, and F5, Andy has cultivated the kind of reputation where every CEO he's worked with will take his call tomorrow. In this conversation, he reveals why zero-sum thinking kills deals, how to convince people to sell without convincing them to sell, and why walking away on principle matters more than closing at any cost.  Things you will learn:  Why reputation is your most valuable M&A asset The shift from zero-sum to win-enough thinking Learn Andy's approach to using due diligence as the foundation for integration strategy, cultural fit assessment, and long-term value creation.  _____________

Johanna Jaakola – Integration Lead, Corporate Development Integration Team, Cisco Tesia Hostetler – Leader, Acquisition Integration Practice, Cisco Johanna Jaakola, Integration Lead on Cisco's Corporate Development Integration Team, and Tesia Hostetler, Leader of Cisco's Acquisition Integration Practice, continue their deep dive into Cisco's integration-led M&A framework. In Part 2, they reveal how integration planning shapes diligence, how value drivers guide surgical execution, and what it takes to coordinate a 180-person M&A community. From day one employee experience to go-to-market complexity and the Splunk mega-deal, this episode delivers practical frameworks for M&A professionals looking to accelerate value creation while protecting what matters most. Things you will learn: Learn how Cisco tests integration strategy during diligence and adjusts execution plans based on findings without losing sight of deal thesis Discover how Cisco structures functional integration leaders, maintains alignment through recurring touchpoints, and tracks everything in a centralized M&A hub Understand how to validate customer stories, align partner ecosystems, and make surgical decisions about when to integrate sales motions versus protecting existing revenue engines _____________________ M&A Doesn't Have to Be So Painful

European VC Power Law Report: Why Revenue Beats Unicorn StatusDealroom's recently released 2025 Power Law Investors Ranking 2025 report offers a unique milestone for European venture capital: 700 companies across EMEA now generate over $100 million in annual revenue. These aren't just unicorns floating on paper valuations. These are businesses with real customers paying real money.The report introduced a new category called "thoroughbreds" to capture this shift toward fundamental business metrics. While unicorns still matter for their forward-looking promise, thoroughbreds tell us something different: which companies actually built sustainable businesses that can weather market cycles.Today, Andreas Munk Holm digs into this topic and more with Saul Klein, co-founder of Phoenix Court (home to LocalGlobe, Latitude, Solar, and Basecamp) and the #1-ranked investor in the report, alongside Yoram Wijngaarde, founder & CEO of Dealroom.⏱️ Here's what's covered:00:39 - Saul on what topping the ranking says about Phoenix Court's approach01:53 - Yoram explains the thoroughbreds metric03:49 - Revenue vs valuation debate, lessons from Skype07:36 - Why Phoenix Court became multi-stage13:02 - The $35-50 billion growth stage funding gap17:38 - Advice for seed firms considering multi-stage expansion22:31 - Defense of the methodology's seed weighting24:58 - Picking companies at seed vs later stages

Rankings aren't just a scoreboard. They're a map. Dealroom's Yoram Wijngaarde and StartupBlink's Eli David Rokah join the show to unpack ecosystem momentum, enterprise-value growth, and the business-environment factors that move founders, corporates, and capital. We read the global rankings with Austin as a live case study, setting its momentum against incumbent hubs to find the signal in the noise.  Highlights00:59 Momentum as design choice in rankings 03:22 Enterprise-value growth vs VC funding07:30 Austin's outlier growth among peers11:15   Rankings: conversation starter, decision tool 23:22 Policy mistakes become tailwinds29:05 Clusters, super-regions, friction costs37:15  Austin ranked 4th US, 5th global42:47 AI shocks ecosystem volatility 44:06 What's Next Austin?Guest BiosYoram Wijngaard:  Founder of Dealroom.co which was launched in 2014 to provide intelligence about the world's most promising startups and ecosystems. Before founding Dealroom, Yoram was an investment banker at Lehman Brothers, Nomura Securities and NOAH Advisors in New York and London. Yoram has a cum laude Master's degree in Economics from the University of Amsterdam.Eli David Rokah:  Founder and CEO of StartupBlink, advising governments and corporates worldwide and publishing the Global Startup Ecosystem Index.Guest LinksYoram Wijngaard: X, LinkedInDealroom: Website, The Global Tech Ecosystem Index 2025Eli David Rokah: X, LinkedInStartupblink: Website, The Global Startup Ecosystem Index Report 2025 -------------------Austin Next Links: Website, X/Twitter, YouTube, LinkedInEcosystem Metacognition Substack

Arash Attar-Rezvani - M&A Partner, Skadden, Arps, Slate, Meagher & Flom LLP In part two of this masterclass conversation, Arash Attar-Rezvani gets into the execution challenges that separate successful M&A practitioners from the rest. From deconstructing French labor consultation myths to revealing how AI will reshape legal advisory models, this segment delivers actionable frameworks for advanced deal execution.  Things You'll Learn How to structure aggressive workforce reduction plans within French labor laws and turn compliance into deal terms The psychology of cross-cultural deal-making and why listening trumps being the loudest voice in the room How AI will reshape M&A legal services and why success fees may replace hourly billing _____________________

Arash Attar-Rezvani - M&A Partner, Skadden, Arps, Slate, Meagher & Flom LLP Arash Attar-Rezvani, M&A Partner at Skadden based in Paris, brings over two decades of cross-border M&A strategy experience to this in-depth conversation. From billion-dollar telecom deals across Latin America to luxury brand acquisitions spanning multiple jurisdictions, Arash reveals the hidden complexities that make international M&A uniquely challenging. M&A professionals will learn how to structure deals across incompatible legal systems, navigate emerging regulatory landscapes, and build the trust essential for successful cross-border transactions. Things you will learn: How to identify and manage multiple antitrust and national security clearances across jurisdictions with varying sophistication levels Why smaller transactions often require more innovation than billion-dollar deals, and how to build structures when no legal playbook exists The psychology behind cross-border deal-making and why trust trumps even the most ironclad contracts _________________ How One Small M&A Team is Closing 8 Deals This Year See how US Heart & Vascular is running faster, cleaner deals using Buyer-Led M&A™ and DealRoom. Join Kison in the live session on August 14 at 11am EST.

John Palusci, Former Vice President of Transformation and Strategic Finance, BAYADA In this episode of M&A Science, John Palusci, former Vice President of Transformation and Strategic Finance at BAYADA, joins Kison Patel to discuss how to build a repeatable, Buyer-Led M&A™ engine within a nonprofit structure. John walks through his journey from IT to finance to corporate development, detailing how he helped scale BAYADA's deal strategy with a focus on long-term value, integration-led diligence, and mission alignment. He shares real lessons from joint ventures, cashless acquisitions, and how to avoid surprises in highly regulated industries like healthcare. Things you will learn: How to structure healthcare M&A for long-term mission alignment What a “conceptual pro forma” is and why it accelerates early deal screening How to manage integration risk in people-first, regulation-heavy industries ________________________ Sponsored by DealRoom—where M&A chaos meets its match. Your M&A process can so much faster... DealRoom helps corporate development teams take control—streamlining diligence, syncing integration, and eliminating the back-and-forth.

Todd Olson,  CEO and Co-founder, Pendo From buying startups to speed up roadmap execution to preserving founder autonomy post-close, Todd breaks down the real levers behind successful acquisitions. This episode dives into how Pendo thinks about M&A without a corporate development team, why it rarely buys for revenue, and how Todd's team avoids common post-close integration mistakes by keeping culture, product, and people at the center. Things you will learn: Why speed and product alignment—not revenue—drive most of Pendo's acquisitions The cost of delaying integration and how Todd learned to fix it How to retain founder energy post-acquisition without over-relying on cash ________________________ Sponsored by DealRoom—where M&A chaos meets its match. Your M&A process can so much faster... DealRoom helps corporate development teams take control—streamlining diligence, syncing integration, and eliminating the back-and-forth.

Harrison Thomas, Chief Growth Officer at Beacon Specialized Living Services, Inc. In Part 2 of our conversation, we go deep into how Beacon is operationalizing M&A. Harrison reveals how they reduced their request list by over 65%, why they require third parties to use their DealRoom, and how integration now begins before the deal is even signed. He also dives into the organization's AI roadmap, their internal CRM transformation, and the surprising challenges of acquiring non-profit organizations. If you want a behind-the-scenes look at building a scalable, tech-forward M&A machine in healthcare, don't miss this episode. Things you will learn: How to build a centralized M&A system across CRM, diligence, and integration Why Beacon embeds integration planning before close—and the real cost of waiting What it takes to acquire and integrate nonprofit healthcare organizations Episode Chapters [00:02:30] Using third-party compliance audits and chart reviews in diligence [00:06:00] Evolving the deal process from relationship-building to IOI to close [00:12:00] Reducing diligence requests from 474 to 147 using DealRoom [00:14:00] Enforcing platform accountability for both internal teams and sellers [00:16:00] Managing deal fatigue and broker feedback in seller-heavy processes [00:21:00] Beacon's shift from siloed M&A to One Beacon integration strategy [00:26:00] Running diligence and integration in parallel, starting pre-close [00:29:30] Valuation risks of integration backlog and how Beacon is addressing it [00:35:00] Centralizing the full M&A lifecycle—from CRM to integration—in one platform [0:41:00] How to approach acquiring nonprofit organizations (and why it's worth it) _______________

Harrison Thomas, Chief Growth Officer at Beacon Specialized Living Services, Inc. In Part 1 of our conversation with Harrison Thomas, Chief Growth Officer at Beacon Specialized Living Services, we dive into how one of the largest providers of specialized behavioral health services is rethinking M&A using AI. Harrison shares why Beacon created a dedicated AI committee focused on improving every stage of the deal lifecycle—from sourcing to integration—and what tools and pilots they're exploring right now. If you want a first-hand look at how AI is already changing M&A in healthcare services, this episode is for you. Things you will learn: Why creating an AI committee can accelerate innovation in M&A processes. How AI tools are being piloted to improve diligence, sourcing, and integration planning. Practical challenges and lessons learned when adopting AI in a complex, people-centric industry. ________________________ Sponsored by DealRoom—where M&A chaos meets its match. Still stuck in spreadsheet hell? DealRoom helps corporate development teams take control—streamlining diligence, syncing integration, and eliminating the back-and-forth.

Todd Manley, VP of Corporate Development Integration at Intel In Part 2 of our conversation with Todd Manley, VP of Corporate Development Integration at Intel, we unpack how professionals from diverse backgrounds can successfully break into M&A and what it takes to build and maintain high-performing deal teams. Todd shares tactical advice on networking, career transitions, team dynamics, and leadership traits he looks for when hiring M&A talent. Whether you're early in your M&A career or looking to level up, this episode is packed with practical insights to help you navigate the world of dealmaking. Things You Will Learn: How to leverage networking inside and outside your company to break into M&A. Key characteristics and behaviors Todd looks for when hiring successful M&A professionals. Why being present and learning from your journey is critical to career growth in M&A. ________________________ Sponsored by DealRoom—where M&A chaos meets its match. Your M&A process can so much faster... DealRoom helps corporate development teams take control—streamlining diligence, syncing integration, and eliminating the back-and-forth.

Todd Manley, VP of Corporate Development Integration at Intel In this episode, Todd Manley joins Kison Patel to share his non-traditional path into the world of M&A. Starting his career in IT and organizational behavior, Todd brings a unique lens to integration and leadership in corporate development. From his early consulting days to overseeing integrations at Cisco, Symantec, and now Intel, Todd has seen it all. He opens up about what it really takes to thrive in M&A—from career pivots and networking to managing divestitures and leading with empathy. This episode is packed with career insight, integration best practices, and practical leadership advice for anyone navigating—or trying to break into—the fast-paced world of M&A. Things you will learn: How to break into M&A without a finance or banking background The critical leadership traits that matter in integration roles Why networking and curiosity matter more than job titles ________________________ Sponsored by DealRoom—where M&A chaos meets its match. Still stuck in spreadsheet hell? DealRoom helps corporate development teams take control—streamlining diligence, syncing integration, and eliminating the back-and-forth.

Mathew Person, Senior Vice President of Corporate Development at Quikbase In this episode of the M&A Science Podcast, Kison Patel interviews Mathew Person, Senior Vice President of Corporate Development at Quickbase. Mathew brings a unique blend of operator, banker, and corp dev experience, making him a strategic leader in buyer-led M&A. Together, they dive deep into how to proactively structure acquisitions, align internal stakeholders, avoid over-rationalization, and ensure integration success. Things You Will Learn: How to design and align around a box of preference (quant + qual criteria) Tactics for proactively sourcing and assessing cultural fit How to structure your corp dev team for scale and deal velocity ________________________ Sponsored by DealRoom—where M&A chaos meets its match. Still stuck in spreadsheet hell? DealRoom helps corporate development teams take control—streamlining diligence, syncing integration, and eliminating the back-and-forth.

Dan Pollock, Vice President of Corporate Development/M&A at SAM Companies Dan shares how he built SAM Companies' M&A function from the ground up—executing over 30 deals and transforming M&A into a strategic growth engine. Backed by Peak Rock Capital, SAM Companies focuses on acquiring founder-led geospatial and infrastructure services businesses. Dan dives deep into how he balances disciplined diligence with relationship-first sourcing, how his team integrates small companies into a larger framework, and why culture and seller alignment matter as much as price. Whether you're building out corp dev from scratch or refining your playbook, this conversation offers tactical insight into how to scale M&A the right way. Things you will learn: How to build an in-house M&A engine with a lean corp dev team How to source proprietary deals through trust and local relationships How to structure earnouts and retention payments to align incentives ________________________ Sponsored by DealRoom—where M&A chaos meets its match. Still stuck in spreadsheet hell? DealRoom helps corporate development teams take control—streamlining diligence, syncing integration, and eliminating the back-and-forth.

Viral Patel, CEO of Blackstone Private Equity Strategies Viral Patel unpacks how the firm is reshaping private equity for the next era. From launching new fund structures to leading thematic investments in sectors like electrification and AI infrastructure, Viral shares how Blackstone builds enduring value—and why alignment, data, and management fit are key to every deal. He also breaks down the cultural values that drive Blackstone's success and why individual investors are the future of private capital. Things you will learn: How Blackstone's investment philosophy is built on long-term secular trends What makes a management team the right fit—and why talent diligence is critical Why Blackstone created perpetual funds and how they work How data, scale, and operating resources become a strategic advantage post-close       ________________________ Sponsored by DealRoom—where M&A chaos meets its match. Still stuck in spreadsheet hell? DealRoom helps corporate development teams take control—streamlining diligence, syncing integration, and eliminating the back-and-forth.

Rob Kindler, Partner at Paul, Weiss, Rifkind, Wharton & Garrison LLP In this episode of the M&A Science podcast, Kison Patel sits down with Rob Kindler, a uniquely positioned dealmaker whose career has spanned both sides of the M&A table—law and investment banking. Rob previously led global M&A at Morgan Stanley and is now a senior partner at Paul Weiss. With 44 years of experience, he's seen firsthand how the roles of lawyers and bankers have evolved, what makes a deal succeed or fail, and how today's regulatory, activist, and valuation pressures are reshaping M&A execution. Things you will learn: Why legal advisors are now the first call in M&A, not the last How corporate development teams have replaced bankers in early-stage deal sourcing Why regulatory strategy and shareholder approval planning can make or break a deal How to negotiate effectively by predicting “the end of the movie” ________________________ Sponsored by DealRoom—where M&A chaos meets its match. Still stuck in spreadsheet hell? DealRoom helps corporate development teams take control—streamlining diligence, syncing integration, and eliminating the back-and-forth.

Scott Clawson, CEO of Culligan International Scott Clawson turned Culligan from a legacy water treatment business into a $3.3 billion global platform operating in over 50 countries—powered by a programmatic M&A engine that has executed 300+ acquisitions. In this episode, he sits down with Kison to share exactly how that machine works. From beachside inspiration to building a decentralized deal engine, Scott walks us through his journey scaling Culligan's strategy with support from capital partners like Advent and BDT MSD. He breaks down how to structure pipeline teams, create incentive systems that align corporate and local interests, and keep integration from becoming a bottleneck. If you want a real-world blueprint for high-volume, globally scaled M&A that doesn't break the business—this episode delivers. Things you will learn: How to build and scale a decentralized M&A engine across geographies The critical role of strategic focus, pipeline ownership, and integration playbooks Why cultural alignment and seller trust drive long-term M&A success What to look for when choosing a private equity partner—and how they can unlock growth ________________________ Sponsored by DealRoom—where M&A chaos meets its match. Still stuck in spreadsheet hell? DealRoom helps corporate development teams take control—streamlining diligence, syncing integration, and eliminating the back-and-forth.

Marc Bell, CEO of Marc Bell Capital Marc Bell has taken 17 companies public, rebuilt distressed businesses, and invested across industries most wouldn't dare touch. In this follow-up to Part 1, he's back with sharp insights on what it really takes to run high-stakes deals—and survive them. Marc and Kison cover everything from building a rock-solid diligence process to choosing between private equity and private credit. They get tactical about capital allocation strategy, reflect on the mistakes that shaped Marc's approach today, and unpack how to lead during downturns—when optimism fades and character shows. This episode is a masterclass in M&A realism. Whether you're planning your first minority recap or running a mature corp dev team, you'll walk away with fresh perspective—and a few war stories that'll stick with you. Things you will learn: The tradeoffs between debt and equity—and when to choose either Why the wrong private equity partner can cost more than capital How to lead through setbacks and build people-first organizations   ________________________ Sponsored by DealRoom—where M&A chaos meets its match. Still stuck in spreadsheet hell? DealRoom helps corporate development teams take control—streamlining diligence, syncing integration, and eliminating the back-and-forth.

Marc Bell, CEO of Marc Bell Capital Marc Bell is a self-described “deal junkie” who's built an empire across internet infrastructure, real estate, entertainment, defense, and private equity. In this episode, Marc breaks down his unconventional path—from turning around Penthouse into a $500M acquisition engine, to producing Tony Award-winning Broadway shows, to backing national security tech ventures and building satellites. Marc shares the playbook he's refined over decades: how to spot a distressed asset worth saving, why structure and cash flow trump hype, and how to create value by backing the right people and thinking creatively about capital. Whether you're a corporate acquirer or an entrepreneur with a nose for opportunity, this is a masterclass in pragmatic, performance-driven dealmaking. Things you will learn: How to spot and structure deals for distressed or undervalued businesses Why betting on the right operator (“the jockey”) is more important than the business model The importance of supply chain control and cash flow in strategic execution Creative approaches to capital structure, seller financing, and aligning incentives ________________________ Sponsored by DealRoom—where M&A chaos meets its match. Still stuck in spreadsheet hell? DealRoom helps corporate development teams take control—streamlining diligence, syncing integration, and eliminating the back-and-forth.

Ola Sars, Founder, CEO & Chairman of Soundtrack Your Brand In this episode of M&A Science, Ola Sars shares the story of his 20-year journey disrupting the music industry—first by co-founding Beats Music (later acquired by Apple), and now as the visionary behind Soundtrack Your Brand. Ola dives into the bold thesis that's guided his career, why he's pursuing a buyer-led M&A approach to consolidate a fragmented background music market, and how he's turning legacy customer bases into scalable SaaS revenue. Things you will learn: How to turn a  product thesis into a long-term growth engine How Ola evaluates roll-up targets based on CAC and subscription quality What it takes to digitize a legacy industry with B2B SaaS Lessons from Beats Music, Apple, and Spotify on scaling and selling ______________________ This episode is sponsored by DealRoom! Turn your chaos into control. Tired of chasing updates across spreadsheets and email threads? Discover how DealRoom helps corporate development teams bring order to M&A.

John Romeo, CEO of the Oliver Wyman Forum and Head of M&A at Oliver Wyman We sit down with John Romeo to explore Oliver Wyman's disciplined, strategic approach to M&A. Romeo shares how his team sources deals through a bespoke pipeline, aligns incentives with founder-led businesses, and plans integrations that prioritize people and long-term value creation. From cultural diligence to pricing discipline, this episode reveals what it really takes to execute successful deals in a high-touch, people-driven industry. What You'll Learn: How to build and manage a bespoke M&A pipeline The difference between banker-led and buyer-led deal processes What cultural alignment looks like in professional services deals How to structure integration and retention plans to protect long-term value ______________________ This episode is sponsored by DealRoom! Turn your chaos into control. Tired of chasing updates across spreadsheets and email threads? Discover how DealRoom helps corporate development teams bring order to M&A.

Stew Campbell, Partner at The Chernin Group In Part 2, Stew Campbell returns to share tactical guidance for founders evaluating outside capital. We dive deep into how to run a founder-led investor process, what to watch for in term sheets, and how to build long-term wealth while scaling a founder-led business. Stew breaks down growth equity vs. private equity, investor diligence, and how to choose a partner who accelerates—not limits—your next chapter. This episode is a must-listen for any operator planning a recap, acquisition, or capital raise in the next 1–3 years. Things You'll Learn: How to run a founder-led competitive investor process What to ask when evaluating potential investors and term sheets How to align capital strategy with long-term wealth goals Ways great investors create real value beyond the check ______________________ This episode is sponsored by DealRoom! Turn your chaos into control. Tired of chasing updates across spreadsheets and email threads? Discover how DealRoom helps corporate development teams bring order to M&A.

Stew Campbell, Partner at The Chernin Group In this episode of M&A Science, host Kison Patel sits down with Stew Campbell to explore how growth equity supports founder-led companies beyond just capital. Stew shares lessons from his career helping businesses scale while preserving their culture and mission. They discuss how founders should think about their boards, when to consider a minority recap, what separates elite investors, and how to navigate noisy capital markets with clarity and confidence. Whether you're a founder eyeing your next stage of growth or an operator thinking through the right partner, this episode unpacks how to scale with intention. Things you will learn: What a value-creating board actually looks like—and how to build one How to differentiate growth equity, private equity, and venture capital When to consider a minority recap—and how to structure it Why investor relationships are a long game and how to run your own "unbanked process" __________ Turn Your Chaos into Control:Tired of chasing updates across spreadsheets and email threads? Discover how DealRoom helps corporate development teams bring order to M&A.

In today's episode, we connect with Kison Patel, the Founder and CEO of DealRoom, a project management software for complex financial transactions. With more than a decade of experience as a mergers and acquisitions advisor, Kison developed DealRoom after experiencing various profound, industry-wide inefficiencies first-hand.  Kison is on a mission to bring better process solutions to an industry with growing market pressures, transaction values and competition. How does he achieve this? Through developing technology, educational content, specialized training, and more… Click play to uncover: The types of companies that can benefit from strategic M&A planning. The factors that go into identifying executable business targets.  How to model and value a business efficiently and effectively. The overall process of business integration. The strategic drivers that push companies to acquire others.  Want to find out how to stay relevant amidst the rapidly evolving technological landscape? Why do so many promising transactions fail due to poor diligence and integration processes? Join the conversation now to learn more about this complex and fascinating topic! Discover more about Kison and his current projects, including podcasts featuring M&A experts, by visiting his website. You can also find his latest book, Agile M&A: Proven Techniques to Close Deals Faster and Maximize Value, available on Amazon. Episode also available on Apple Podcasts: http://apple.co/30PvU9C