May 10, 2013

Keep technology acquisitions smooth with the assistance of an M&A advisor

In order to get the job done, sometimes it pays to call in the experts. Whether it is a closer in baseball or just an expert in a particular industry, organizations are well-advised to find individuals or agencies that can help them find the solutions they need.

Jim Soltys wrote a contribution piece for the financial technology blog FCW, in which he compares technology acquisitions to when individuals are shopping for a home. According to Soltys, prospective homeowners might know exactly what they want, while also understanding that buying a home can be stressful.

There is a time and place when the experts need to be brought in to help the process run as smoothly as possible. For example, a home inspector comes in with no conflicts of interest— only a thorough knowledge of the industry and what needs to be done to help home shoppers find what they want.

In much the same sense, owners of a technology company would be well-advised to work with someone to assist in complex technology or software mergers and acquisitions. An M&A advisor, for example, can help entrepreneurs find the best opportunity available and work toward a solution that satisfies all parties involved.

"He found problems that we would never even have thought to look for," Soltys said of the home inspector who worked with him and his wife. "Working with our real estate agent to ensure that these items were taken care of before we closed on the house gave us peace of mind and eliminated potential headaches later."

Entrepreneurs who own a technology business and are considering an acquisition could greatly benefit from working with an M&A advisor.