Mark Stokes: Business integration and embracing the change

Tips from recent experience

clock • 4 min read

Forget the searching, deal-making and due diligence, says Mark Stokes, the integration of your firm into the new entity is typically the most labour-intensive part of the whole acquisition process

So you have met the right partner, struck a good deal and made it through the due diligence process - surely that is the acquisition process more or less over, right? Far from it. Integrating your firm into the new entity is typically the most labour-intensive part of the process - and it is also the time when the business owner needs to be most keenly attuned to the emotional needs of staff. A good acquiring firm should have a defined process for integrating the firm over a specified time. But it is a myth that the acquiring firm will be responsible for the integration. In reality...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Hitting milestones later in life could impact when people seek advice

Hitting milestones later in life could impact when people seek advice

People will likely be seeking financial advice later

Laura Suter
clock 19 April 2024 • 3 min read
Regulatory pressures taking a toll on industry stress levels

Regulatory pressures taking a toll on industry stress levels

'Regulatory pressures are the first thing on my mind’

Sahar Nazir
clock 19 April 2024 • 1 min read
Advisers blast FCA funding requirement of £755m 'inexorable'

Advisers blast FCA funding requirement of £755m 'inexorable'

‘I don’t really know what value I’m getting from the FCA – if any’

Hope Coumbe
clock 19 April 2024 • 2 min read