{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Episode 91: Inside the Deal with James Fair","description":"Operating a company during an exit is difficult. Managing a sell-side process while simultaneously acquiring a business in a different time zone? That requires a specific mindset. In this episode, we speak with James Fair, founder of Vetasi, following his acquisition by Cohesive (part of the Bentley Group). James breaks down the reality of &quot;oily hands&quot; asset management software and the critical importance of recurring revenue. He shares the story of a grueling, unprecedented 3-week due diligence sprint that galvanized his team, and offers advice on why waiting for the &quot;perfect&quot; conditions is often the enemy of a successful deal. Takeaways:  Timing matters more than perfect readiness A strong recurring revenue model and full\u2011service offering make a company highly attractive to buyers Running an M&amp;amp;A process alongside daily operations is extremely demanding Despite the intensity, the M&amp;amp;A journey can be unifying and rewarding  00:00 - The Origins of Vetasi: Building a Global Asset Management Player 01:15 - Why Sell Now? Timing, Market Heat, and Strategic Fit&amp;nbsp; 03:00 - The Secret Sauce: Advisory-First Strategy &amp;amp; Recurring Revenues&amp;nbsp; 04:21 - Steering the Ship: Running M&amp;amp;A While Running the Business&amp;nbsp; 06:48 - Lessons from the Trenches: Preparation, Imperfection, and Three-Week Diligence&amp;nbsp; 08:29 - After the Exit: Culture Clashes, Shared Vision, and the New Chapter Ahead ","author_name":"The Tech M&amp;A Podcast","author_url":"http:\/\/www.corumgroup.com","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/39849190\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/content\/197944475"}