What role does technology play in M&A activity? Learn more in our latest video from Wade Barnes, Financial Services Practice Lead.
Video Transcribed
Hi I’m, Wade Barnes, Financial Services Practice Lead at Hartman Advisors.
Financial organizations are under tremendous pressure, interest rate compression compounded by a slowing or retracting economy has many organizations worried about future earnings.
Unlike the Great Recession most organizations are well-capitalized entering 2020 but, there’s no doubt this event will create M&A activity.
So far this year, there have been thirty two transactions announced, and we only expect this number to increase. Technology plays an important part in an acquisition from integration of networks to combining key systems. But, technology also plays a key part in onboarding acquired employees and creating a seamless experience for newly acquired customers.
So now more, than ever, having a solid technology and digital strategy leading into an acquisition is an important factor to consider. So, if you’re considering acquisition, let’s talk about your strategy to make sure you’re well positioned to deliver excellent results.
