SZN1: Diligently Doing "Due Diligence" in Your Next Manufacturing Acquisition, 377

You’ve found your acquisition target. They’ve committed to selling you the business. Now the real work begins. It’s time for due diligence. Where does due diligence start? What factors should you consider? How do you build a checklist?  Jason, Nick, Adam Schmitt, and I tackle due diligence in this episode of MakingChips. Because if you’re not doing due diligence, you may miss important factors that will impact your ability to make chips. And if you’re not MakingChips, you’re not making money. BAM!  – Matthew Nix Segments [0:57] Where does due diligence start?  [6:43] Don’t be afraid to walk away [9:33] Will leaders and employees stay? [11:01] Take a deep dive into processes [12:26] Asset purchase vs. stock purchase [15:45] Don’t stop asking questions [18:46] How to develop your own checklist Resources mentioned on this episode FabTech Adam Schmitt Matthew Nix ProFab Alliance Connect With MakingChips www.MakingChips.com On Facebook On LinkedIn On Instagram On Twitter On YouTube

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Manufacturing is challenging, but if you are connected to a community of leaders, you can elevate your skills, solve your problems and grow your business! MakingChips was launched in 2014 to equip and inspire the metalworking nation. Hundreds of episodes and a million downloads later, it’s an industry-leading source of information, inspiration, and entertainment for manufacturing leaders of all types. It’s hosted by Jason Zenger and Nick Goellner, two multi-generational manufacturing leaders, and they’re joined by a rotating panel of expert guests – including Titan Gilroy (TITANS of CNC), John Saunders (NYC CNC), Mark TerryBerry (Haas Automation), and many more. Join us as we tackle the topics that keep you up at night - leadership, operations, technology, growth, workforce development and culture.