Middle Market Growth Conversations

This episode is brought to you by RSM US, a leading audit, tax and consulting firm focused on the middle market. It's part of a four-part series that looks at how to optimize business performance through the lens of cybersecurity, IT, finance and human capital. *** Marni Rozen, director of management consulting for human capital at RSM, joins the podcast to talk about trends and challenges for talent management today, and how organizations can take a more strategic approach to human capital. Rozen talks about the varying impact that the Great Resignation has had on companies depending on their industry and size, along with ways to mitigate the risk of attrition. She also discusses how current talent trends are impacting M&A, and key steps to take post-transaction to help smooth the integration. At a time when human resources departments are under intense strain, Rozen points to outsourcing and other ways to relieve some of the burden. Finally, she talks about wage inflation, and how employers can be proactive rather than reactive when designing employee benefits programs. More insight into the challenges facing human resources can be found in RSM’s recent Middle Market Business Index: Changing Work Patterns in the Middle Market special report. https://realeconomy.rsmus.com/wp-content/uploads/2022/01/mmbi_back-to-work_special_report_jan22-002.pdf To learn more about RSM, visit https://rsmus.com/our-insights/business-optimization.html?cmpid=ola:754855-acg-podcast-series:bb01. *** The Middle Market Growth Conversations podcast is produced by the Association for Corporate Growth. To learn more about the organization and how to become a member, visit www.acg.org.

This episode is brought to you by RSM US, a leading audit, tax and consulting firm focused on the middle market. It's part of a four-part series that looks at how to optimize business performance through the lens of cybersecurity, IT, finance and human capital. *** RSM Directors Kristen Oats and Cody Roth join the podcast to talk about how finance and accounting departments are adapting to remote work, supply chain disruption, talent shortages and increased M&A activity. Oats and Roth, who work within RSM’s management consulting, CFO advisory services group, share how they’ve seen finance and accounting teams bridge their talent gaps, and when to consider temporary or fractional resources. They also discuss how strains on the finance department are affecting M&A activity in the middle market, and what finance teams should focus on post-transaction. The conversation closes with a look at the trends to watch in the year to come, and how rising input costs, salaries and interest rates are affecting forecasts. To learn more about RSM, visit https://rsmus.com/our-insights/business-optimization.html?cmpid=ola:754855-acg-podcast-series:bb01. *** The Middle Market Growth Conversations podcast is produced by the Association for Corporate Growth. To learn more about the organization and how to become a member, visit www.acg.org.

This episode is brought to you by RSM US, a leading audit, tax and consulting firm focused on the middle market. It's part of a four-part series that looks at how to optimize business performance through the lens of cybersecurity, IT, finance and human capital. *** Mike Banks, director of technology consulting in the complex infrastructure delivery M&A group at RSM, joins the podcast for a conversation about the evolution of IT, the strategic function it serves within an organization, and ways to leverage technology more effectively across the enterprise. Banks outlines the trends shaping the industry, from the shift to cloud, to talent shortages and more. He points to IT-related areas to focus on before and after a transaction, and pitfalls such as technical debt that buyers should be aware of. The conversation includes a look at the next phase of cloud migration and how Banks expects IT to evolve in the future. To learn more about RSM, visit https://rsmus.com/our-insights/business-optimization.html?cmpid=ola:754855-acg-podcast-series:bb01 *** The Middle Market Growth Conversations podcast is produced by the Association for Corporate Growth. To learn more about the organization and how to become a member, visit www.acg.org.

This episode is brought to you by RSM US, a leading audit, tax and consulting firm focused on the middle market. It's part of a four-part series that looks at how to optimize business performance through the lens of cybersecurity, IT, finance and human capital. *** Cybersecurity gaps can threaten businesses of all sizes, but for middle-market firms busy with growth and M&A, these lapses can be especially dangerous. Malia Mason, manager of governance risk strategy at RSM, joins the podcast to discuss ways cybersecurity has changed since the start of the pandemic and how the middle market can protect itself from the cyber risks facing businesses today. She also talks about the intersection of cybersecurity and M&A, why threat actors are targeting companies undergoing an acquisition, and what buyers can do after a transaction to ensure they have the right cybersecurity infrastructure in place. Mason points to cybersecurity trends she’s watching in the coming year, and she offers concrete ways that companies can enhance their security posture through smarter budgeting and by building a company-wide culture around cybersecurity. To learn more about RSM, visit https://rsmus.com/our-insights/business-optimization.html?cmpid=ola:754855-acg-podcast-series:bb01. **** The Middle Market Growth Conversations podcast is produced by the Association for Corporate Growth. To learn more about the organization and how to become a member, visit www.acg.org.

This episode is brought to you by RSM US, a leading audit, tax and advisory firm focused on the middle market. RSM develops multi-generational relationships with family offices by providing tailored advisory services to help sustain the family’s vision in an evolving, digitally driven world. It's part of a five-part series highlighting issues relevant to family offices. *** In this episode, Tony Wood, RSM’s global practice leader for family office, joins the podcast to discuss succession planning and intergenerational wealth transfer. Wood begins by talking about what he’s observed among the family offices he works with in terms of their understanding of succession planning and how far along they are in the process. He offers insight into what works when creating a succession plan, and how to avoid conflict among family members in what can be an emotional process. There are also ways families can prepare the next generation for involvement in the organization, including through tailored education and real-world experience working with carved-out assets. Succession planning extends beyond the family itself, and Wood encourages families to create plans for roles held by non-family members as well. As family offices fill positions at the top of the organization, Wood notes a growing trend toward hiring leaders with legal backgrounds. The conversation closes with a discussion about environmental, social and governance priorities and how ESG intersects with succession planning. To learn more about RSM’s family office advisory services, visit rsmus.com/familyoffice. **** The Middle Market Growth Conversations podcast is produced by the Association for Corporate Growth. To learn more about the organization and how to become a member, visit www.acg.org.

This episode is brought to you by RSM US, a leading audit, tax and advisory firm focused on the middle market. RSM develops multi-generational relationships with family offices by providing tailored advisory services to help sustain the family’s vision in an evolving, digitally driven world. It's part of a five-part series highlighting issues relevant to family offices. **** This episode features a discussion about technology, and how it can be used to address common challenges within family offices, like disparate systems that don’t communicate with each other, manual processes and more. Joining the podcast for this episode are Mike Johnson, RSM partner from the firm’s Family Office Enterprise, and leader of the firm’s family office technology efforts; and Lauren Demas, a principal with RSM who works on PartnerSight and FamilySight—a suite of offerings for single and multi-family offices. In the interview, Johnson and Demas talk about how integrated technology solutions can help family offices cope with the talent shortage, provide tailored data based on individual needs, and integrate data to make it work for the organization. The two also discuss FamilySight, including how its capabilities can be used by different roles within a family office. Plus, Johnson and Demas provide real-world examples of how family offices have used the platform to improve operations and outcomes for their organization. To learn more about RSM’s family office advisory services, visit rsmus.com/familyoffice. **** The Middle Market Growth Conversations podcast is produced by the Association for Corporate Growth. To learn more about the organization and how to become a member, visit www.acg.org.

This episode is brought to you by RSM US, a leading audit, tax and advisory firm focused on the middle market. RSM develops multi-generational relationships with family offices by providing tailored advisory services to help sustain the family’s vision in an evolving, digitally driven world. It's part of a five-part series highlighting issues relevant to family offices. **** In this episode, RSM’s Global Family Office Markets Leader Bill Bijesse joins the podcast to discuss governance, and how creating a constitution and educating family members contributes to the family office’s long-term success. Bijesse, who also leads global family office governance and best practice efforts for RSM, outlines the three steps a family office should take to set a solid foundation for its governance. He also talks about the role a constitution plays in establishing a framework for decision-making, codifying the family’s values and history, mitigating conflict and more. Finally, Bijesse discusses education, and why the younger generation isn’t the only group to focus on when educating family members. Throughout the interview, he shares anecdotes from his work advising families that underscore the human element of governance and why it can be an emotional exercise. To learn more about RSM’s family office advisory services, visit rsmus.com/familyoffice. **** The Middle Market Growth Conversations podcast is produced by the Association for Corporate Growth. To learn more about the organization and how to become a member, visit www.acg.org.

This episode is brought to you by RSM US, a leading audit, tax and advisory firm. RSM develops multi-generational relationships with family offices by providing tailored advisory services to help sustain the family’s vision in an evolving, digitally driven world. It's part of a five-part series highlighting issues relevant to family offices. **** In this episode, RSM’s family office tax leaders Ben Berger and Tommy Wright join the podcast to discuss five key areas that family offices should focus on. They explain potential tax policy changes related to charitable giving and estate planning and offer various strategies that family offices can use as they plan for 2022 and beyond. Berger also walks through the implications for a family office's choice of entity, and Wright explains why succession planning and governance are especially important for family offices today. (Succession planning and governance will each be discussed further in later episodes of this podcast series.) Finally, the two talk about planning, reporting and the role of technology, and how integrated tools like RSM's FamilySight can address the needs of modern family offices. To learn more about RSM, visit rsmus.com/familyoffice . **** The Middle Market Growth Conversations podcast is produced by the Association for Corporate Growth. To learn more about the organization and how to become a member, visit www.acg.org.

This episode is brought to you by RSM US, a leading audit, tax and advisory firm. RSM develops multi-generational relationships with family offices by providing tailored advisory services to help sustain the family’s vision in an evolving, digitally driven world. It's part of a five-part series highlighting issues relevant to family offices. **** Christina Churchill, principal and family office consulting leader for RSM, joins the podcast to talk about the structuring options available to family offices, and what to consider when choosing a location. In the interview, Churchill outlines the pros and cons of establishing a single, multi- or virtual family office, along with key questions to ask when deciding on a structure. She also talks about outsourcing and how to determine which functions belong in-house. The conversation closes with a discussion about the trend toward global expansion among family offices, and technology's role in supporting operations. Churchill offers a list of questions family offices can use to identify the technological tools that fit their needs, and she explains the benefits of using an integrated platform like RSM's FamilySight—a topic that will be explored further in a later episode of the five-part series. To learn more about RSM, visit rsmus.com/familyoffice. **** The Middle Market Growth Conversations podcast is produced by the Association for Corporate Growth. To learn more about the organization and how to become a member, visit www.acg.org.

This episode is brought to you by Twin Brook Capital Partners, a direct lending finance company focused on providing cash-flow based financing solutions for the middle market private equity community. *** Pete Notter, a partner at Twin Brook Capital Partners, joins the podcast to discuss middle market deal activity in 2021 and how businesses and industries have fared throughout the year. In the interview, Notter describes the state of the market today and shares his perspective on how elevated levels of M&A activity are affecting deal processes and timelines. He also points to observed trends in private equity sponsor behavior. Notably, as investment bank auction processes have become more exclusive, sponsors are getting more engaged earlier on and financing partners are often being brought in at a later stage than they have in the past. Notter talks about how Twin Brook has been able to accommodate those tighter timelines and the role that strong pre-existing relationships with clients play in today's active deal environment. The episode closes with a discussion about Notter's outlook for the middle market and M&A activity in the year ahead. To learn more about Twin Brook, visit www.twincp.com. **** The Middle Market Growth Conversations podcast is produced by the Association for Corporate Growth. To learn more about the organization and how to become a member, visit www.acg.org.