They’re roles (intentionally flexible in the who) ascribed for the particular acquisition target. In M&A you have 2 main stages, the (1) find interesting targets and confirm they’re interesting, and (2) the purchase and integration.
The champion will often lead (1) but if they’re too busy may have a defined stage leader to make sure the trains keep moving well. In the later stage of (2) the stage leader will typically be someone with experience integrating companies. It’s an art.
I wouldn’t say they’re agreed on definitions, but I got what they meant from my exposure to M&A.
The champion will often lead (1) but if they’re too busy may have a defined stage leader to make sure the trains keep moving well. In the later stage of (2) the stage leader will typically be someone with experience integrating companies. It’s an art.
I wouldn’t say they’re agreed on definitions, but I got what they meant from my exposure to M&A.