Mergers and acquisitions (M&A) are complex endeavors that require meticulous planning, strategic foresight, and, above all, comprehensive data. In the contemporary business landscape, where data drives decisions, understanding what information is crucial to the M&A process can significantly influence the outcome. Therefore, the first step in any successful M&A transaction is Data. This article will explore the critical aspects of data in M&A, focusing on identifying the right data, understanding customer and market insights, the role of operational metrics, and the broader scope of data beyond financials. Identifying the Right Data The first step in any successful M&A transaction is identifying and preparing the right data. Sellers often wonder what data buyers need to evaluate the deal and decide whether…
What Happens When Two Founders Start a Business With No Clear Rules? Every entrepreneur begins their journey with a good idea, a trusted friend, a shared dream. It always starts with, “We should do something together.” The idea feels fresh, the energy is high, and the possibilities seem endless. Those first moments are filled with hope and optimism, where everyone is enthusiastic, the roles seem obvious and collaboration feels smooth. This is the classic startup story of two friends chasing a dream and finally deciding to make it happen. Party A and Party B were exactly like this: Friends with complementary skills, united by a vision, and eager to launch their business. They set things up quickly, registered the company,…
Rooted Leadership: What Business Can Learn from the Natural World The modern business landscape pushes for relentless acceleration, propelled by an undercurrent of continuous innovation, rapid scaling, and an 'always-on' operational mindset. Leaders are under pressure to deliver continuous growth and chase new milestones which often inadvertently cultivate a "hustle" culture. However, this pursuit of acceleration exacts a heavy toll: employee burnout, resource depletion, and a struggle for sustained relevance. We have collectively fallen for the myth of endless productivity, believing that the more efficient our processes, the more work we can (and should) undertake. This mindset traps us in a loop of constant doing, neglecting the essential value of pause, renewal, and strategic timing. In contrast, the natural world…
How a Banker Turned Fund Manager Built a Billion-Dollar Portfolio In the Global Financial Crisis? In the world of investing, some of the most successful ventures are born in the most uncertain times. For Christopher (Chris) Cheah, Founder and Executive Chairman of TrustCapital, the decision to strike out on his own in the midst of the 2009 Global Financial Crisis (GFC) was not one of recklessness, but of calculated conviction. Today, his firm stands as a respected name in private equity real estate, with a track record that includes the acquisition of eight prime office buildings in Australia and assets under management peaking at more than AUD 1.6 billion. This is the story of how Chris, a banker turned fund…
Image by rawpixel.com on Freepik Imagine - It's the dawn of the 21st century. The economy is booming, dot-coms are soaring high, and among them, a particular star shines the brightest - Enron. An energy company that at its peak carried a worth of about $70 billion. But within a span of few years, this magnificent empire crumbled into nothing, drowning in a sea of fraud and deceit. "The Enron scandal drew attention to accounting and corporate fraud, as its shareholders lost $74 billion in the four years leading up to its bankruptcy, and its employees lost billions in pension benefits." What truly unfolded in this financially catastrophic event known as the Enron Scandal? You're about to uncover this riveting and…