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  • M&A Integration Framework

    This was originally posted on my LinkedIn profile, but I’m reposting it here, now that I have a “permanent” home on the web again.

    TL;DR: the original 2022 presentation I gave at Paramount ⤵

    clean-EXTERNAL-tech-MA-framework-september-2022Download

    I’ve been involved in mergers, acquisitions and divestitures most of my career – from my early days at Turner during the doomed AOL-Time Warner merger to Paramount’s recent acquisition of Chilevisión and Fox TeleColombia.

    In 2018 I attended INSEAD’s M&As and Corporate Strategy program in Fontainebleau, France where I had the privilege to meet professors Laurence Capron and Erin Meyer and was introduced to “Managing Acquisitions: Creating Value Through Corporate Renewal” by David B. Jemison and Philippe C. Haspeslagh which began to help me answer some of my existential M&A questions:

    • Why are we doing this? (acquiring, merging or divesting an asset)
    • How does this create value?
    • How are we going to transfer these new capabilities?
    • Is there a cultural fit?

    The attached framework – a mashup of my personal experiences (both good and bad,) formal INSEAD education, Jemison & Haspeslagh and help from colleagues and partners – is my first attempt at creating a pragmatic, repeatable, scalable approach to answering some of these complex questions.

    Special thanks to my colleague Maybea Aguilar Peña who made an insightful contribution to the cultural aspect of the framework by introducing me to Cameron & Quinn’s “Competing Values Culture Model” – ¡muchas gracias!

    Feel free to leverage anything you might find useful in the framework, send me corrections, questions, etc.

    06/20/2023
    Notes
    m&a, work
  • Pão de Açúcar

    06/16/2023
    Photos
    brazil, travel
  • Yogurt

    05/20/2022
    Photos
    food
  • Te Amo

    04/01/2022
    Photos
    ct, travel
  • Grand Central Terminal

    03/25/2022
    Photos
    ny, travel
  • Affogato

    03/23/2022
    Photos
    food
  • The Wizard of Rio de Janeiro

    (Guilherme Reis at Discover Studios in Rio de Janeiro. Photo courtesy of Backstage magazine)

    My father was a recording engineer and was involved with major record labels in Brazil from the time he graduated college until early 2011 when he passed away.

    He started working as an intern at RCA straight out of college, spent many years at Odeon and then joined the EMI ranks where he worked until leaving to cofound his own independent recording studio in the early ‘90s.

    Discover Studios was run out of a nondescript house on a quiet street in Rio de Janeiro’s Jardim Botânico neighborhood. I remember it had a pool in the backyard and a kitchen staffed with a full-time cook.

    I don’t remember the exact details, but I think the house belonged to a Russian diplomat stationed in Rio, before it was gutted and bedrooms and living rooms gave place to control rooms, recording booths and miles of multi-colored cables.

    Driven by a lack of money to buy traditional (and expensive) analog equipment and an incessant curiosity, my father and his partners embarked on a journey to start recording using a new breed of digital recording rigs.

    If you know anything about recording, I’m talking circa 1994 Digidesign Pro Tools II running on Apple Macintosh Quadra 950s with a whopping 256 MB of RAM. Now imagine trying to do this pre-Internet and not speaking a lick of English.

    Continue Reading →
    03/11/2022
    Notes
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