How to Promote Efficiencies and Avoid Cross-Border M&A Integration Pitfalls
Tuesday, December 01, 2020
In collaboration with:
Free to Attend
M&A deals continue to be an effective way to achieve growth, especially global growth. Acquiring part or all of an established company is often the most efficient, least risky means of getting a foothold in a new country. In many deals, you’ll acquire employees who are familiar with your target market and have a proven success record.
Each M&A deal is unique, and your options for getting your new employees and other assets up and running will be determined by many factors. These include: the country or countries your new employees are located; whether the acquisition is a carve-out deal or the purchase of an entire concern; the respective employer obligations of each jurisdiction; whether you have local legal presences; your short- and long-term corporate objectives; and more.
In this roundtable, our experts will describe these options in detail and take you through common scenarios companies face after cross-border acquisitions via real-world anecdotes.
Strategic Partnerships M&A
Mark works on Velocity Global’s Strategic Partnerships team, focusing on cross-border M&A. His role involves liaising with financial sponsors, legal teams and other advisors involved in cross-border transactions to develop and implement HR operational efficiency strategies using international PEO.
Before joining Velocity Global in 2019, Mark ran the international projects team of a global consultancy based in London. His remit included the development and execution of strategic communications strategies vis-a-vis competition authorities around global m&a regulatory review and competition cases.
Prior to this, Mark worked as a lawyer in the Beijing office of an international law firm; where he worked on all manner of corporate law cases including market entry, M&A, reverse IPO among others.
Michael Geldart has more than 30 years of experience in executive leadership, operations, health law, regulatory compliance, and corporate development. Most recently, Mr. Geldart was the Chief Operating Officer of BioTelemetry (Nasdaq:BEAT), the leading provider of cardiac monitoring, cardiac monitoring device manufacturing, and centralized cardiac core laboratory services. Previously, Mr. Geldart was the Chief Operating Officer of MedExpress, a leading multi-state urgent care provider and former portfolio company of Excellere Partners. Prior to that, Mr. Geldart was the Chief Operating Officer and EVP of Corporate Development of CCS Medical, a national provider of Medical and Pharmacy supplies for patients suffering from diabetes, respiratory and other chronic conditions. Mr. Geldart began his career practicing healthcare law at Holland & Knight, LLP, a global law firm, and was promoted to Partner and served as the Co-Chair of the firm’s National Health Care Practice Group.
Mr. Geldart received a Juris Doctor degree from Stetson University College of Law, and is a member of the Florida Bar. He received a Master of Science in Cybersecurity and a Bachelor of Arts in Chemistry from the University of South Florida.
Mr. Geldart is a member of the American Bar Association and serves on the Board of the St. Joseph’s Hospital Foundation in Denver Colorado.
Saul Howerton leads Vistra’s Global HR and Mobility Advisory and U.S. Tax Services, as well as being responsible for oversight and delivery of all advisory services to U.S.-based clients. Saul’s expertise spans a broad range of technical areas, from HR and global mobility to international tax and legal-related areas such as corporate governance and entity establishment. Saul specializes in helping high-growth companies overcome challenges related to international expansion and operations.
Prior to joining Vistra 12+ years ago, Saul was Senior P&L Analyst at Intel Corporation, where he was responsible for analyzing business trends, reporting quarterly results, and forecasting volume, price, cost and inventory for key product lines. Saul has an MBA in Finance and International Business from Santa Clara University, and a Bachelors of Business Administration in Marketing from University of Wisconsin-Eau Claire.