August 1, 2020 at 10:27 pm
#37868
Rochelle Ramos
Participant
I would suggest the Buyer lead the steering committee with key individuals from the acquired company on board. Past practices, historical transactions, and a general understanding of operations is key in determining objectives to move forward successfully. From the Buyers team, appointing someone in the lead role, potentially from finance or operations, will provide a central point of contact and decision maker. This person will work with individuals from a variety of departments, depending on the type of company, to ensure communication and decisions roll out smoothly.