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Beyond the Purchase: The Make-or-Break Integration Phase of Firm Acquisitions

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Manage episode 480129574 series 2991380
Content provided by Earmark LLC, Blake Oliver, and CPA. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Earmark LLC, Blake Oliver, and CPA or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

What happens after the ink dries on an accounting firm acquisition? Michael Ly and Ashley Rhoden reveal why many buyers overinvest in the purchase but underinvest in the crucial integration phase. Drawing from their hard-won experiences—both successful and unsuccessful—they walk through how to develop a comprehensive 100-day integration plan that begins during due diligence. You'll learn why keeping key employees is the difference between retaining and losing clients, how to effectively communicate changes to minimize disruption, and when to choose between a full roll-up versus platform approach. Whether you're considering an acquisition or have one in progress, this practical roadmap helps you navigate the complexities of merging firms.

Chapters

  • (00:51) - Meet the Guests: Michael and Ashley
  • (02:41) - Michael's Integration Experiences
  • (07:16) - Ashley's Integration Insights
  • (09:39) - The Importance of Due Diligence
  • (17:49) - Managing Change and Communication
  • (20:47) - Employee Integration Strategies
  • (23:33) - Key Employees and Leadership Buy-In
  • (24:52) - HR and Payroll Integration
  • (26:18) - Communication Plans and Financial Operations
  • (29:30) - Access to Financial Systems and IT Considerations
  • (34:37) - Communication Strategies
  • (37:54) - Seller Involvement Post-Acquisition
  • (41:33) - Integration Approaches: Full Rollup vs. Platform
  • (47:10) - Conclusion and Final Thoughts
Sign up to get free CPE for listening to this podcast

https://earmarkcpe.com
https://earmark.app/

Download the Earmark CPE App
Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728

Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.app

Connect with Our Guests:

Michael Ly

LinkedIn: https://www.linkedin.com/in/michaelly/
Website: https://www.reconciled.com/

Ashley Rhoden

LinkedIn: https://www.linkedin.com/in/ashleyrhodenmba/
Website: https://highrock.co

Connect with Blake Oliver, CPA
LinkedIn: https://www.linkedin.com/in/blaketoliver
Twitter: https://twitter.com/blaketoliver/

  continue reading

92 episodes

Artwork
iconShare
 
Manage episode 480129574 series 2991380
Content provided by Earmark LLC, Blake Oliver, and CPA. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Earmark LLC, Blake Oliver, and CPA or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

What happens after the ink dries on an accounting firm acquisition? Michael Ly and Ashley Rhoden reveal why many buyers overinvest in the purchase but underinvest in the crucial integration phase. Drawing from their hard-won experiences—both successful and unsuccessful—they walk through how to develop a comprehensive 100-day integration plan that begins during due diligence. You'll learn why keeping key employees is the difference between retaining and losing clients, how to effectively communicate changes to minimize disruption, and when to choose between a full roll-up versus platform approach. Whether you're considering an acquisition or have one in progress, this practical roadmap helps you navigate the complexities of merging firms.

Chapters

  • (00:51) - Meet the Guests: Michael and Ashley
  • (02:41) - Michael's Integration Experiences
  • (07:16) - Ashley's Integration Insights
  • (09:39) - The Importance of Due Diligence
  • (17:49) - Managing Change and Communication
  • (20:47) - Employee Integration Strategies
  • (23:33) - Key Employees and Leadership Buy-In
  • (24:52) - HR and Payroll Integration
  • (26:18) - Communication Plans and Financial Operations
  • (29:30) - Access to Financial Systems and IT Considerations
  • (34:37) - Communication Strategies
  • (37:54) - Seller Involvement Post-Acquisition
  • (41:33) - Integration Approaches: Full Rollup vs. Platform
  • (47:10) - Conclusion and Final Thoughts
Sign up to get free CPE for listening to this podcast

https://earmarkcpe.com
https://earmark.app/

Download the Earmark CPE App
Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728

Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.app

Connect with Our Guests:

Michael Ly

LinkedIn: https://www.linkedin.com/in/michaelly/
Website: https://www.reconciled.com/

Ashley Rhoden

LinkedIn: https://www.linkedin.com/in/ashleyrhodenmba/
Website: https://highrock.co

Connect with Blake Oliver, CPA
LinkedIn: https://www.linkedin.com/in/blaketoliver
Twitter: https://twitter.com/blaketoliver/

  continue reading

92 episodes

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