Premise Health CEO Shares Learnings from Past Acquisitions with Business Dealmakers
“Earlier in my career I was very quantitatively driven — is this going to create shareholder value as a result of what we’re paying for this company and what we plan to do with it after it’s inside of our organization,” Clark said. “It dawned on me about mid-career, so maybe in my early to mid-30s, I realized that it is the human element, at least in our industry, that makes these deals succeed or fail.”
For Premise, Clark explained the team that’s being acquired must be able to live by his company’s ethos in order to be considered successful. To determine this, Clark and his executive team talk with the clients and team members in varying roles across the targeted organization. Once complete, they all gather to share their thoughts.
You can listen to Clark’s full interview in the Smart Business Dealmakers podcast here.