27 min listen
Steven Epstein | An In-Depth M&A Case Study
FromM&A Masters
ratings:
Length:
28 minutes
Released:
Oct 30, 2019
Format:
Podcast episode
Description
The first of a two-part series of a real-world M&A transaction. First up, I’m talking to Steven Epstein, the founder of RedCAT systems, a Colorado-based SAAS company involved in HR and compensation solutions for clients like LinkedIn, Uber, NYSE, and many more. They were recently funded by PE firm Broadtree Partners. Specifically, we’ll be looking at how Representations and Warranty (R&W) insurance played a key role in the transaction. What’s interesting is that RedCAT would not have been eligible to use R&W coverage to be reimbursed by a third-party – the insurer – if there had been any breach in the Seller’s reps. We’ll talk about why insurers were willing to play ball now and how that could impact whether or not you can use R&W insurance on your next deal, as well as…
Why one of their partners insisted on R&W insurance – and the Buyer said yes
What they did to find a Seller who matched their philosophy
The biggest thing he would have done differently prior to the sale
The top benefits of R&W coverage and the surprising impact they had on the deal
And more
Why one of their partners insisted on R&W insurance – and the Buyer said yes
What they did to find a Seller who matched their philosophy
The biggest thing he would have done differently prior to the sale
The top benefits of R&W coverage and the surprising impact they had on the deal
And more
Released:
Oct 30, 2019
Format:
Podcast episode
Titles in the series (100)
Shari Yocum | The “Secret Sauce” of Successful M&A Deals: When putting together an M&A deal it’s tempting to focus solely on operations and the financials. But to ensure a smooth transition after the papers are signed… you can’t forget the people side of things and company culture, says Shari Yocum of Ernst & by M&A Masters