CLOSE THE DEAL 16: Entrepreneurship by Acquisition

Apr

2023

min read

𝗪𝗶𝗲 𝘄𝗶𝗿𝗱 𝗺𝗮𝗻 𝗨𝗻𝘁𝗲𝗿𝗻𝗲𝗵𝗺𝗲𝗿?

Or in other words: Is 𝗡𝗮𝗰𝗵𝗳𝗼𝗹𝗴𝗲 the 𝗯𝗲𝘀𝘀𝗲𝗿𝗿𝗲 𝗚𝗿𝘂̈𝗻𝗱𝗲𝗻?

And if you have decided to take over the succession of a medium-sized company: How does that actually work?

Matthias Feistel and Martin Groschke also asked themselves these questions before acquiring the Hamburg-based technology company LUIS in 2015.

Listen to the episode:

How do you find the right target?

How do you finance the acquisition of a company?

What is the first thing to focus on operationally?

And how do you fill the vacuum left by the former shareholder?

And of course much more...

Matthias and Martin are former management consultants, private equity partners and entrepreneurs. And ventured into the SME sector in 2015. Not as consultants or investors, but on the front line as managing directors and entrepreneurs.

Together, we discussed how succession in an SME can be achieved without losing employees or customers during the transformation and still spark a new fire in the company.

Have fun listening!