The author reflects on closing their first M&A deal, the acquisition of Trelica, as a natural extension of their work in partnerships and product launches.
The team at 1Password utilizes a build, buy, and partner framework for category expansion, leveraging partner integrations for validation and market awareness.
The author emphasizes the importance of continuous external research and pattern matching in the discovery stage of M&A transactions.
Opportunities may not always fit predefined categories, as seen with the author's unique acquisition that required building strong conviction within the organization.
Empathy towards sellers, integrity, and teamwork play crucial roles in completing a successful deal.
Maintaining alignment between corporate development and operators, creating a solid commercial case, and effective integration planning are key factors in M&A success.
M&A not only challenges assumptions but also serves as a force multiplier for business growth and career development, enhancing skills in strategic decision-making.
A strong integration plan is essential to retain the acquired company's influence and momentum post-transaction, focusing on educating, energizing, and aligning the organization.
Calibrating decisions, empowering leaders, and driving value acceleration are critical post-acquisition activities for successful integration.
The author looks forward to exploring more opportunities in M&A, strategic partnerships, and product innovation to challenge assumptions and drive business growth.