
First Conversation to LOI Session 3
M&A Science
00:00
How Much Diligence Do You Do Before LOI?
The big factor they look at, it's capital expenditures and your synergies. Those are your big assumptions on this whole deal. For core large scale assumptions, you need the business leaders to own them. The other thing I'll say is there should be enough meat on the bone in any acquisition for you to be a little off with all that stuff. Nobody should do a deal because they will make the business 1% better. If you can only make the business1% better, you're not the ideal buyer for that business.
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