PLAN FOR CLEAN EMPLOYEE TRANSITIONS POST-ACQUISITION
10
Buyers want to retain key talent without inheriting problems.
Best Practices
Avoid making last-minute promises or undocumented agreements during the M&A process. All employment commitments should be formalized in writing and disclosed. Identify key team members whose retention will be critical post-acquisition and prepare transition or retention plans for them.
Prepare clear transition plans for all team members, as applicable.
Avoid last-minute employment or severance promises that haven’t been documented or approved.
Made with FlippingBook flipbook maker