S1E3 | Marcus Hunt and Wayne Stanley - Change Management and Tough Decisions
S1E3 | Marcus Hunt and Wayne Stanley - Change Management and Tough Decisions
With an uptick in mergers and acquisitions in the title insurance industry, where buyers are looking to acquire companies before the market fully recovers, consulting firm Title Success looks to provide guidance for navigating the various components of these complex transitions, assisting with exit strategies, valuations, and connecting buyers and sellers. Prospective buyers and sellers have concerns about financing, culture fit, team retention, and payout structure. In this conversation, Title Success Partners Marcus Hunt and Wayne Stanley discuss cover topics such as the importance of culture fit, the structure of deals, tax implications, and the challenges of managing people during a transition. They also provide advice for prospective buyers and sellers, including the importance of clear communication and having a plan for day one and beyond.
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