Association for Corporate Growth - Detroit Chapter hosts "The People Side of M&A"
Photos from the Association for Corporate Growth Detroit Chapter's July 17 event “The People Side of M&A.” Exceptional panel discussed the importance of culture and communications to a successful transaction. Representatives from Kerr Russell attended the breakfast, which was held at Glen Oaks Golf Course in Farmington Hills. Panelists included …
- James Lewis, SPHR, GPHR, President, J Lewis Consulting Group [Moderator]
- Richard Eriksen, Director, BlueWater Equity Partners
- Rajesh Kothari, CFA, Managing Director & Co-Founder, Cascade Partners
- Richard Hollis, Chief Financial Officer, GreenPath Financial Wellness
Speaker bios here.
From the event description: The focus of due diligence and post-close integration is overwhelmingly on financial data and legal compliance. Yet the biggest risk to any deal lies in the people involved. In both due diligence and in post-deal integration, centering on the numbers to the exclusion of the people creates a significant risk that ROI won’t be achieved. This panel has been there and seen the costs of human capital issues in M&A. They discuss the statistics on M&A failure rates along with the people issues common in these transactions. The panelists represent an array of viewpoints: an investment banker’s view of how people issues taint the deal; the buy-and-hold equity fund view of on post-deal people issues; the CFO’s view of how people issues impact deal value and ROI; and the HR practitioner’s view on how workforce transitions can impact productivity."
ACG’s 14,500 members include professionals from private equity firms, corporations and lenders that invest in middle-market companies, as well as from law, accounting, investment banking and other firms that provide advisory services. Founded in 1954, ACG is a global organization with 59 chapters. Learn more at www.acg.org. ACG drives middle market growth. Learn how at www.middlemarketgrowth.org.
About the Detroit Chapter:
- Established in 1984
- Over 400 members
- Networking with Key Deal Makers
- Breakfast and Evening meetings
- Networking and Social Events
- M&A All Star Awards
- Technical subjects and corporate success stories
- Discounted member rates for meetings
- ACG Detroit NextGen (Young Professional Group)
- Women's Forum
- Part of the Great Lakes ACG Capital Connection
- 2015 Chapter of the Year
- 2016 Chapter of the Year
The Power of ACG
Founded in 1954, the Association for Corporate Growth has chapters worldwide representing 14,500 members. ACG serves 90,000 investors, executives, lenders and advisers to growing middle-market companies. ACG's mission is to drive middle-market growth.
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