Nelson Mullins partner Joe Daniels presented “How to Sell Your InsurTech Startup” at InsurTech Slopes 2023. This program examined how the InsurTech sector is thriving and creating opportunities for investors and entrepreneurs to capitalize on this industry. It also explored other topics relevant to investors and startups.
Joe’s presentation covered basic M&A concepts, how the decision to be acquired is reached, how to be proactive in preparing for the M&A process, the pros & cons of a bilateral negotiation vs. a limited or broad auction process, the major terms of letters of intent (LOIs), the diligence materials and process after the LOI is signed, the material terms of the purchase agreement, what happens between signing and closing, and post-closing issues.
Tuesday, Jan. 31, 2023
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