Episode 159
The GO Show -From Wall Street to Main Street: Lessons in Mergers & Acquisitions
In this episode of The Go Show, we dive deep into the world of Mergers & Acquisitions (M&A) with Adam Yohanan, an expert with a background in Big Law and private equity. Whether you're an entrepreneur looking to buy your first business or a small business owner preparing to sell, this episode is packed with valuable insights, practical strategies, and lessons from high-stakes Wall Street deals that can be applied to smaller Main Street transactions.
Key Topics Covered:
🔹 Understanding M&A for Small Businesses vs. Private Equity
- What makes the M&A process different for small businesses compared to large private equity deals?
- Why small business transactions are often under-resourced, while big deals can be over-lawyered.
🔹 How to Get Started in Acquisitions
- What should an entrepreneur consider before buying their first business?
- Common challenges and opportunities for first-time buyers.
🔹 The Importance of a Letter of Intent (LOI)
- Why the LOI is a critical step in the M&A process.
- Three key factors to consider when drafting an LOI.
🔹 Lessons from Big Law & Private Equity
- How experience in high-level private equity deals benefits small business owners.
- Insights from Wall Street that can help streamline smaller business transactions.
🔹 Selling Your Business: Preparation & Pitfalls
- Key steps business owners should take before selling.
- Common mistakes sellers make and how to avoid them.
🔹 The Psychology of Business Ownership
- Why entrepreneurs are drawn to buying businesses.
- How the dream of ownership compares between small business deals and major private equity transactions.
🔹 The Role of Advisors in M&A
- The distinct roles of investment bankers, brokers, and lawyers in business acquisitions.
- How having the right team can make or break a deal.
Final Takeaways & Contact Information
Adam shares expert advice on navigating M&A with confidence, ensuring deals are structured for success, and avoiding common pitfalls.