The Critical Role of Due Diligence in Pest Control M&A
Episode #199 - On this episode, Donnie and Dan discuss the intricacies of the due diligence process in pest and lawn mergers and acquisitions. They explore the perspectives of both buyers and sellers and review the three major work streams in due diligence: legal, operational and financial.
Hosts:
Dan Gordon, PCO Bookkeepers & M&A Specialists
Donnie Shelton, Triangle Home Services
#duediligence #mergersandacquisitions #lawncareprofessional #pestcontrol #pestmanagement #homeservices #businesstips #entrepreneurship #pmpindustryinsiders
In this episode we discuss:
-Our sponsors Coalmarch by Workwave and PestSure
-PMP Industry Insiders Peer Groups
-How Dan participated in a panel discussion at PestWorld about M&A, where he presented about due diligence
-Why Donnie says due diligence is the hardest part of the due diligence of process
-Due diligence basics
-The pitfalls in letters of intent (LOIs) and why a deal might not be as good as it seems
-Who should do due diligence?
-Strategies for doing a small deal as a buyer
-What you should do as a seller
-Three major work streams in due diligence: legal, operational and financial (quality of earnings)
-Legal: Questions attorneys will ask
-Operational: HR issues, services and more
-Financial: Why tight accounting controls, proof of revenue and attrition are vital
For complete show notes and links to resources mentioned, visit: https://www.pmpindustryinsider.com/po...