Tuesday Morning with Justin Ft. Dan Cook
BENEFITS ARE OFTEN OVERLOOKED DURING MERGERS & ACQUISITIONS.
Most transactions in the mergers and acquisitions (M&A) arena are transactional, or what is often referred to as stock transitions. Last year, roughly 80% of all global activity was a stock transition, where a company purchases both the assets and liabilities of an acquired entity. This means the purchaser is buying the entity’s claims experience and any human capital legal liabilities that may occur due to a compliance issue.
During an M&A transaction, many organizations overlook underlying benefits-related issues. Omissions are common, particularly with respect to employee benefits which is why it is important to seek counsel from a benefits expert who understands the liability and can identify issues.
ENGAGE THE EXPERTS.
The primary goal of TrueNorth’s M&A Risk Diligence practice is to support these business transactions. TrueNorth’s aim is to provide advisory and faciliatory guidance and protect the client’s interests.
TrueNorth Principal and Practice Leader, Dan Cook, has been involved in hundreds of M&A transactions. Engaging a professional M&A team, such as that which Cook leads for TrueNorth, can make the M&A process more efficient and cost-effective for all parties.
WANT TO LEARN MORE?
Contact Dan Cook to learn more about TrueNorth’s M&A Risk Diligence Practice.
We live in an era where organizations of all sizes are expected to do more with less. Business owners and decision-makers face the daunting talk of balancing financial goals and aspirations against the cost of supporting a healthy and productive workforce.
"Tuesday Mornings with Justin" intends to showcase effective ways that organizations can leverage innovation, technology, and teamwork to grow their business and optimize their workforce.
This publication has been prepared by TrueNorth Companies, L.C. and is intended for informational purposes only. Transmission of this publication is not intended to create, and receipt does not constitute, a client relationship with TrueNorth Companies, L.C. This publication does not constitute any type of representation or warranty, and does not constitute, and should not be relied upon as, legal advice. This publication is not a contract and does not amend, modify or change any insurance policy you may have with an insurance carrier. © 2021 TrueNorth Companies, L.C. All rights reserved.
TrueNorth offers businesses of every size comprehensive solutions to meet their business needs and those of their employees. If you are in need of business solutions and are looking for ways to protect and maximize your workforce, look to TrueNorth. Our Employee Benefits Division can assist you in providing for the well-being of both you and your staff. Call us today at 1-800-798-4080.
... read more about author