The entire process of acquisition was examined in this session. From identifying suitable targets, to preparation, funding, completing the deal and subsequent integration. This Focus Dinner was aimed at the entrepreneur who was actively working on an acquisiton strategy or was perhaps already completing their first deal and wanting to accelerate the programme.
Please see feedback below from Members who attended this event:
Howard Hotel
34 Great King Street
Edinburgh
EH3 6QH
0131 557 3500
Show venue on a mapMr Alan Bonner, Pinnacle Telecom, www.pinnacle-tele.com
"Very open and generous speakers"
"This was a very interesting evening with two very experienced and credible speakers"
"I learned a lot about the pitfalls of taking over another business and the upside"
"High quality speakers who offered a valuable insight"
"Thank you to the speakers for their candid input. The experience and honed learning of both speakers gave invaluable insight. The dialogue with the group was dynamic and brought out many relevant points"
"It was good to see how other firms approach acquisitions and compare the ensuing problems from newly acquired businesses. Also good to hear how deals are structured and key staff/owners treated"
"Key tip for me was probably that the same issues and challenges apply in acquisitions whether they be PLC or SME transactions. I came away from the evening, having intellectually enjoyed the discussion"
"Don't just buy a company and stand back, get involved, change the culture to your own"
"Key tip - It's a people business and trust your instincts but act quickly and decisively"
"Key tips for me - Know the sector you are targetting - set up appropriate funding structure and stay in control - use your own trusted team in due-diligence, as well as a mixed team from both entities in the integration process - Use 'Big' consultants for vital verification and restrict their scope - set integration targets/action plan with weekly team updates - impose your rules on reporting and processes from the outset - act swiftly and decisively if the incumbant management/ex-owner does not conform"
"Key tip for me - look at each potential acquisition on its own merits and do not overpay"
"Chris was excellent"
"Chris was a very interesting speaker"
"Chris was very good - very interesting and an excellent manner"
"Jim was just excellent!"
"Jim was a fascinating guy to listen to"
"Jim, as always, a very high quality confident presenter who explained his strategy in a simple and easy to understand manner"
"Jim is hugely gifted in human factors, selecting teams, setting the right incentives and shared targets, being decisive and timely if change is ultimately required"
"Jim related large scale acquisition tales but in a way that everyone could relate to. Offered help and guidance throughout dinner and was most approachable"
Marcliffe Hotel - 7 February 2012
Focus Dinner
Speaker: Bob Drummond, Hydrasun, www.hydrasun.com Roy McGregor, Global Energy Group, www.gegroup.com
Scotch Malt Whisky Society, Edinburgh - 9 February 2012
Supper Club
Speaker: Gordon White, fatBuzz Limited, www.fatBuzz.co.uk
Hotel Du Vin at One Devonshire Gardens - 16 February 2012
Focus Dinner
Speaker: Andrew Cope, Zenith Provecta, www.zenithprovecta.co.uk Richard Ferguson, Aitken & Niven, www.aitken-niven.co.uk
Scotch Malt Whisky Society, Edinburgh - 21 February 2012
Supper Club
Speaker: Peter Grant, Grant Assessment Managment, www.grantmanagement.co.uk
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