September 7, 2020 at 5:55 pm
#37942
Gina Miele
Member
This is a situation we encountered with our first acquisition. The differences in opinion led to many negative situations surrounding all aspects of the integration process. The damage that was done in the one year period of time encompassing the previous owner’s contract led to 100% employee turnover at the acquisition site. I agree wholeheartedly with Denise, and would recommend paying for the rest of the contract and letting the previous owner go early. Once these cultural differences begin to directly influence the integration, it is generally a good idea to go separate ways.