By Jason Koshy, VP of Global Sales
Mergers and acquisitions are a key strategy for companies looking to accelerate growth or expand into new markets, including us here at Infinite Electronics. Through numerous acquisitions, Infinite Electronics has grown to a family of 21 customer-facing brands, serving a wide variety of customers and industries.
While there is no shortage of requirements and transitions leaders must prioritize when a company is growing through M&A, one of the biggest challenges companies face is how to successfully integrate sales teams to maximize revenue synergies, which is critical to positioning the organization for future success.
Here are the strategies I’ve found most impactful in previous transitions:
- Conduct a thorough assessment of the acquired company
- Communicate with the sales teams early and often
- Compare and evaluate product or service gaps and overlaps
- Earn buy-in on shared value proposition
- Prepare to pivot
Read more about these tactics in my latest article for Selling Power.