August 7, 2020 at 12:27 pm
#37882
Gary A. Bufalo Jr., MBA
Participant
Great discussion topic Rochelle! Having been part of some acquisitions on the side of being with the company that made the purchase, I feel having similar or complimentary cultures is very important in the success of the integration, and COMPLETE lack of compatibility could and should be a deal breaker. When a company is targeted to be acquired, it is generally for what they’ve built (with their culture) and to plan on completely changing that is likely going to yield far less results after the acquisition than what was being produced prior. I think it needs to make financial sense AND have similar or at least complimentary cultures for the best overall results.