Three Perfect Days in Miami—Friday Recap

Three Perfect Days in Miami—Friday Recap

After a tropical fruit-themed networking breakfast, the symposium took on a whole new “look” Friday morning with three concurrent M&A and capitalization interactive panel discussions followed by four Let’s Get Down to Business workshops. Here’s a recap of the day:

Buyers and Sellers Share Their Stories—Nate Wentworth

I moderated the “Buyers and Sellers Share Their Stories” panel and was joined by Kurt Bergman, CEO of PRIME AE Group (Baltimore, MD) (ENR #229); Bruce Lilker, senior client executive MEP – healthcare and education at IMEG (Rock Island, IL) (ENR #52); Mike Munn, president and CEO of McAdams (Raleigh, NC) (ENR #262); and Tracy Scott, administrative director for Florida at McAdams. These panelists shared their experiences and lessons learned buying and selling architecture, engineering, and environmental businesses. Mike Munn said it best when asked how McAdams has assessed cultural fit: “You don’t marry someone hoping to change them.” Find firms that are like yours to ensure cultural alignment and long-term success while fulfilling your firm’s strategic plan and continuing to grow and create opportunities.

Integration Best Practices—Sarah Thornhill/David Thornhill

We moderated the “M&A Integration Best Practices” panel where Casey Bello, M&A manager, corporate services of Terracon (Olathe, KS) (ENR #18), and Dan Huntington, executive vice president, M&A Synergy Team of IMEG (Rock Island, IL) (ENR #52), shared insights from their firms’ successful strategies, drawing on their experiences as past Excellence in Acquisitive Growth Award winners. Bello emphasized integration is not…Read more