The Green Sheet Online Edition

September 9, 2021 • 21:09:02

Reader's Speak: Navigating the changing world of M&As

Having noticed and reported on recent increased M&A activity in the fintech and payments sphere, we were happy to hear from Vijay Sondhi, CEO of NMI. He sent in the following about how the recent hybrid workplace changes are improving the M&A process as a whole. His perspective is informed by firsthand experience with M&A during the pandemic, when NMI acquired USAePay in February 2021.

"The world of M&A was changed forever when the pandemic hit—moving these processes into the virtual landscape shifted how M&A functions for good. Virtual meetings and lots of email correspondence are the norm in the regular workday, but M&A deals that aren’t part of everyday office functions have had to shift as well. What can executives do to take advantage of the hybrid nature of today’s M&A deals?

"Here are three steps that executives can take to make online deals an advantage to both parties.

  1. Leverage virtual meetings to involve stakeholders from multiple locations: In-person meetings, especially those that involve travel, limit the amount of people who can be present for decision-making. Virtual meetings provide the opportunity for more stakeholders to be present, benefiting everyone in the room.
  2. Reserve in person meetings for when they have the most impact: In today’s world, in-person meetings are a rarity. When they do have to happen, ensure that the right people are there at the right time for the most impactful decision-making.
  3. Use all digital features available: Don’t overlook breakout rooms, digital whiteboards and other video features. With all this technology at our fingertips, utilizing as much technology as possible for specific goals is essential to achieve an in-person feel at home."

We wish to thank Vijay Sondhi for sharing this useful information with us.

M&A and you

Have you been involved in a merger or acquisition recently or noticed changes in the overall M&A sphere? If so, please share your perspectives with us. If you'd like to offer insights on other developments in payments, we'd love to hear your thoughts. Let's start a conversation. Drop us a line at greensheet@greensheet.com. End of Story

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