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Jun 2023
48m 11s

Build-to-Buy and Option Structures

KISON PATEL
About this episode

Finn Haley, SVP, Corporate Development at Edwards Lifesciences (NYSE:EW)

This episode is sponsored by the M&A Science Academy, DealRoom, and FirmRoom

To join our growing online community of M&A practitioners, visit https://www.mascience.com/academy. 

Ready to take your M&A to the next level with software made to manage each stage of the deal process? See how DealRoom can facilitate your next deal at https://www.dealroom.net  

FirmRoom provides 80% cost savings over VDRs that bill by page and delivers a far better user experience to boot. Sign up in under 2 minutes by going to https://www.firmroom.com

Episode Timestamps

00:00 Intro

08:53 Option structure

14:04 Exit cap

16:11 Drivers for the structure

18:28 Alignment with the strategy

20:35 Monitoring progress and milestones

22:16 Moving fast

24:08 Failed startups

26:16 Risks

30:09 Exercising the option

33:54 Why deals don’t push through

38:53 Innovation

40:13 Approaching a company for the buy-to-build option structure

43:20 Craziest thing in M&A

 

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