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Launching a new platform company in the Field Services isn't easy, especially when one of your biggest hurdles is M&A's 70-90% failure rate.   M&A can fail for several reasons. Sometimes it's because of a failure in integration or making the wrong acquisition. That's why, in this first Tactical M&A episode, we look at what new platform companies can do to up their chances of success—including looking at the synergies that matter, having the crucial "ownership" talk, and being on the same page when it comes to the changes that will happen in both companies. #TacticalMnA 𝗧𝗜𝗠𝗘𝗦𝗧𝗔𝗠𝗣𝗦 (0:00) Introduction (1:12) When launching a new platform company, what should you look at? (5:11) Does having a target criteria affect driving growth? (6:47) Why don't executives talk about the changes during an M&A often? (8:45) How do you align company culture during an M&A? (11:40) Key lessons for that first acquisition (15:02) How do you ready your processes for integration before acquisition? (17:25) How flexible do you need to be when it comes to integration? (20:42) Who should take lead when it comes to integration? (23:48) Where does technology come into integration? (26:55) How much lead time do you need to get yourself acquisition-ready? (28:45) What would you have done differently during your first acquisition? (31:09) FOR THE AUDIENCE: What are some of the challenges you face when getting acquisition-ready? #M&A #mergersandacquisitions #fieldservice —— For everything M&A in the Trades, follow us on other platforms so you don't miss out: Website ▶ fieldservicexl.com Spotify ▶ https://lnkd.in/gjEpM_Nf LinkedIn ▶ https://www.linkedin.com/company/fieldservicexl/

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