The Tech M&A Podcast
The Tech M&A Podcast is presented by Corum Group, the global leader in tech M&A. The podcast features, interviews with CEOs, special reports on sectors, buyers, trends and M&A processes, as well as panel discussions.
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Episode 110: Inside the Deal with Steve Wargalla
07/24/2026
Episode 110: Inside the Deal with Steve Wargalla
In this episode of the Tech M&A Podcast, we sit down with Steve Wargalla, Managing Director of QSTRAT, a supply chain software company that provides quoting and sourcing solutions for manufacturing and distribution businesses. After acquiring QSTRAT in 2016 with a clear five-year exit strategy, Steve spent nearly eight years growing the company before successfully selling it through Corum. Steve reflects on how attending one of Corum's educational seminars first introduced him to the firm, why having a structured M&A process made all the difference compared to his previous company sale, and the lessons he learned from planning an exit years in advance. He also shares practical advice for founders preparing to sell, emphasizing the importance of education, surrounding yourself with experienced advisors, and recognizing that building a successful company requires a very different skill set than selling one. Finally, Steve discusses life after the exit, from embracing new personal challenges to rediscovering interests outside of business. Takeaways Plan your exit from the beginning: Steve acquired QSTRAT in 2016 with a long-term goal of selling the company, ultimately achieving that exit after nearly eight years. Education opens the door: Attending Corum's AI and M&A seminars provided valuable insight into the acquisition process long before the transaction began. Experience changes everything: Having previously sold a business, Steve saw firsthand how a structured, advisor-led process produced a far stronger outcome than navigating a sale alone. Structure builds confidence: Corum's disciplined, repeatable approach gave Steve confidence throughout the transaction and kept the process organized from start to finish. Founders shouldn't go it alone: Most software CEOs are experts at building companies—not selling them. Steve stresses the importance of learning the process and hiring experienced M&A advisors. The right team creates better outcomes: Drawing on the expertise of dozens of experienced dealmakers helped strengthen the company's positioning and presentation to buyers. Life after the sale brings new opportunities: With his consulting agreement ending, Steve looks forward to exploring new interests, spending more time on hobbies, and discovering what comes next beyond business. Timestamps 00:00 – Introduction: Steve Wargalla and QSTRAT 00:45 – QSTRAT: supply chain software for manufacturers and distributors 01:00 – Discovering Corum through AI and M&A seminars 01:28 – Planning an exit: the original five-year strategy 01:59 – Life after selling the business 02:29 – Comparing a first company sale with the Corum process 03:04 – Why Corum's structured approach stood out 03:42 – Advice for software CEOs preparing to sell 04:21 – Looking ahead after the consulting agreement 04:45 – Final thoughts on Corum's deal team and the value of experienced advisors
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Episode 109: 2026 - Why Deals Fail Now
07/10/2026
Episode 109: 2026 - Why Deals Fail Now
In this special report, we examine the most common mistakes that derail transactions—from poor preparation and unrealistic expectations to the costly mistake of engaging only a single buyer.
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Episode 108: Tech M&A Mid-Year Market Research Report
07/10/2026
Episode 108: Tech M&A Mid-Year Market Research Report
Mid-Year Tech M&A Report: Taking a look at the deal activity, emerging trends, and valuations across 29 subsectors in the first half of 2026.
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Episode 107: Succession Crisis 2026: Strategies for Tech Founders
07/10/2026
Episode 107: Succession Crisis 2026: Strategies for Tech Founders
A global succession crisis is emerging as millions of business owners approach retirement without a clear succession plan. According to recent studies, a significant percentage of family businesses and SMEs across North America, Europe, and Asia face leadership and ownership transitions within the next decade, yet many remain unprepared. In this episode of CEO's Desk, Corum Group CEO Bruce Milne explores the growing succession challenge facing technology founders and CEOs. He discusses the risks of delaying succession planning, the realities of family succession, management buyouts, ESOPs, SPACs, and IPOs, and why mergers, acquisitions, and recapitalizations often provide the most practical path for technology companies. Whether you're actively considering a sale or simply protecting the value you've built, this video offers essential insights into succession planning, value preservation, and maintaining control of your future before circumstances force difficult decisions. Learn: Why succession planning has become a global business issue The unique risks facing technology founders and CEOs Common succession options and their limitations When to consider a merger, acquisition, or recapitalization Key questions every founder should ask before planning their next chapter Interested in learning more? Join one of Corum's upcoming Selling Up Selling Out events and explore your options before you need them. Key Takeaways A global succession crisis is affecting businesses globally. Most recognize succession planning is critical but still lack an active plan. Technology companies face unique succession challenges Unexpected life events can dramatically change a founder's options and company value. Family succession is uncommon in technology businesses. IPOs and SPACs are not realistic exit options for most founders. The best exits are typically planned before they become necessary. Understanding your options gives you more control over your future Chapters 00:00 The Global Succession Crisis Begins 00:30 Succession Challenges Around the World 01:08 Why Tech CEOs Face Greater Risk 01:44 A Real-World Wake-Up Call 02:19 Why Succession Planning Matters 02:33 Understanding Your Succession Options 02:55 Family Succession in Technology 03:10 Management Buyouts and ESOP Realities 03:41 Why SPACs and IPOs Aren't for Most Founders 03:48 Why M&A Is the Most Practical Path 04:00 When Is the Right Time to Sell? 04:18 The Hard Questions Every Founder Should Ask 05:04 Succession Planning Is About Control 05:23 The Ultimate Founder Question 05:48 The Best Time to Plan Your Exit 05:56 Next Steps: Get Educated and Prepare
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Episode 106: Inside the Deal with Luis Landgrave
06/20/2026
Episode 106: Inside the Deal with Luis Landgrave
In this episode of the Tech M&A Podcast, we chat with Luis Landgrave, co-founder of Algebraix, an edtech and fintech company serving private schools across Latin America, with a primary focus on Mexico. Over nearly two decades, Luis helped build Algebraix into a school management platform with an integrated fintech arm that processes tuition and payments on behalf of schools — momentum that ultimately led to a successful sale through Corum after years of inbound interest from investors and acquirers. Luis shares how a Corum seminar in Mexico City planted the seed nearly a decade before he was ready to sell, and how an early deal that fell through made the second, advisor-led process far smoother. He offers candid advice on the demands of financial due diligence, the importance of getting your reporting in order before going to market, and the emotional discipline required when deal terms shift mid-negotiation. He also reflects on the realities of post-exit life — from deferred payments and multi-year earnouts to the reduced control and renegotiation that can come with a two-year transition. Takeaways Plant the seed early: A Corum seminar in Mexico City sparked the idea nearly a decade before Luis was ready to sell — selling was always the goal, never a legacy to pass down. The turning point can be a business-model shift: Adding payment processing around 2017–2018 accelerated revenue and made the company far more attractive to buyers. A first attempt that falls through still teaches you: A 2021 approach from a Brazilian acquirer didn't close, but it made the second, Corum-run process much smoother. A competitive process improves terms: Even with just one official offer, having other interested buyers in play tightened the LOI and held due diligence to a 90-day timeline. Due diligence is the heavy lift: For founders who are engineers rather than finance experts, producing the reports that PE-background buyers demanded was the most taxing part. Get your numbers in order first: The more prepared your reporting and financials, the less pressure and rework once offers start coming in. Align with your partner and stay centered: Selling is an emotional rollercoaster as terms move on and off the table — shared objectives keep you steady. Plan for the transition: A two-year earnout means deferred payments, reduced control, and even some renegotiation — know what you're signing up for. Timestamps 00:00 – Introduction: Luis Landgrave and Algebraix 00:44 – An edtech + fintech platform for private schools in Mexico 01:01 – First learning about Corum: a seminar in Mexico City 01:58 – The long gap: staying in touch over nearly a decade 02:29 – The turning point: payment processing and faster revenue growth 03:03 – A 2021 approach from a Brazilian acquirer — and why it didn't close 03:29 – Round two with Corum: a smoother, time-bound 90-day process 04:33 – The hardest part: due diligence and producing reports 05:26 – Buyer-side negotiation: in-house experience and the Corum advisor 06:03 – Inside the buyer: a startup with a search-fund track record 06:41 – Choosing the acquirer: business-model fit, cross-selling, and timing 08:03 – Advice for LatAm founders: partner alignment and preparation 09:32 – Bringing in local M&A and tax counsel in Mexico City 09:58 – Post-exit life: earnouts, reduced control, and what comes next
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Episode 105: Why Tech M&A Is Stronger Than the Headlines Suggest | CEO's Desk
06/12/2026
Episode 105: Why Tech M&A Is Stronger Than the Headlines Suggest | CEO's Desk
Tariffs, rate concerns, geopolitical uncertainty — the headlines make it easy to wonder whether now is the right time to sell your software company. Corum Group CEO [Name] breaks down the actual data behind tech M&A valuations over the last decade, and the picture is more compelling than most CEOs realize. With the Dow at 50,000, stable multiples across all six tech sectors, and over $6 trillion in capital available for tech acquisitions, the fundamentals have never been stronger. If you're asking yourself whether to wait — this video is for you. Subscribe for weekly Tech M&A insights from Corum Group. Join a Corum Tech M&A Educational Event: Learn more: Key takeaways: The Dow crossing 50,000 reflects a decade of compounding resilience — not a bubble — and strong capital markets fuel M&A activity. Tech M&A valuations have been remarkably stable over the last 10 years when you strip out the anomalous 2020–2021 pandemic spike. A normalized, mature market is a functional one — it's a better environment for getting deals done than a frothy one. The buyer pool has expanded significantly — Corum is actively tracking over 19,000 potential acquirers across six tech sectors. There is over $6 trillion in available capital waiting to be deployed into tech acquisitions and investment. The demand side of the tech M&A market isn't weakening — it's deepening. For CEOs weighing whether to wait, the data suggests the opportunity right now is as strong as it has ever been. Chapter: 0:00 Introduction — cutting through the noise 0:24 The Dow at 50,000 — what it means for M&A 0:55 Should you wait to sell? 10 years of valuation data 1:41 Why a normalized market is actually good for deals 2:00 The expanding buyer pool — 19,000+ active acquirers 2:33 $6 trillion in dry powder waiting to be deployed 2:42 The bottom line — why now is the moment to act
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Episode 104: Inside the Deal with Heriberto Garcia
05/21/2026
Episode 104: Inside the Deal with Heriberto Garcia
In this episode of the Tech M&A Podcast, we chat with Heriberto Garcia, founder and former CEO of Vialterna Comunicaciones, a leading modern telecommunications firm serving all of Mexico. Over 15 years, Heriberto built Vialterna into a powerhouse of connectivity before navigating a successful exit to a search fund — a buyer type he initially never expected to consider. Heriberto shares how a Corum seminar he attended three decades ago planted the seed for his eventual exit, and how that knowledge stayed with him until the timing was right. He offers candid advice on the importance of pre-deal preparation, the often-overlooked complexity of tax due diligence, and why authenticity and transparency with buyers can be your greatest asset. He also reflects on the realities of post-exit life — including the multi-year transition that follows a deal and the importance of learning to manage newfound wealth. Takeaways Plant the seed early: A seminar attended 30 years prior shaped Heriberto's entire approach to eventually selling — long-term mindset matters. Run a pre-due diligence on yourself: Conducting your own internal DD before going to market surfaces surprises early and dramatically smooths the formal process. Don't underestimate tax: Tax due diligence should be addressed from the very beginning of the process, not left to the end. Be open to unexpected buyers: A search fund — initially rejected outright — turned out to be the perfect match, proving that criteria should remain flexible. Authenticity wins deals: Transparency and openness with potential buyers builds trust and accelerates the process. Keep the sale confidential: Avoid telling staff or partners until necessary — unexpected reactions can complicate operations mid-deal. Expect a long transition: Post-exit life involves a multi-year handover, not an overnight handoff. Timestamps 00:00 – Introduction: Heriberto Garcia and Vialterna Comunicaciones 01:00 – 15 years building a telecom powerhouse across Mexico 02:00 – How a Corum seminar 30 years ago set the foundation for this exit 03:00 – The motivation to sell: retirement planning and the right timing 04:00 – Surprises in the market: rejecting investment funds — then finding the perfect search fund 05:30 – Due diligence surprises and the lesson of working capital 06:30 – External advisors: legal, financial, and tax support during the deal 07:30 – What Heriberto wishes he'd known: pre-DD, taxes, and behaving like a big company 08:30 – How the right buyer was chosen — and why transparency sealed it 09:30 – Advice for CEOs in Latin America: valuations, firm decisions, and authenticity 10:30 – Post-exit life: transitions, wealth management, and what comes next
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Episode 103: The 7 Benefits of an M&A Process
05/14/2026
Episode 103: The 7 Benefits of an M&A Process
Selling your software or IT company is likely the most important financial decision of your life—and getting the right outcome requires more than just finding a buyer. In this video, Corum Group—global leaders in tech M&A with over 40 years of experience—break down their proven 8-step global partner search process and the 7 key benefits that help founders maximize valuation, improve positioning, and create competitive buyer demand. Learn how Corum’s proprietary First Look program, deep buyer relationships, and unmatched market feedback loop help software CEOs achieve better outcomes—including higher valuations, stronger deal structures, and reduced risk. Whether you're preparing for an exit now or planning ahead, this video provides a clear roadmap to ensure you get what your company is truly worth. Key Takeaways Selling your company is not just about finding a buyer—it’s about creating competition to maximize value Corum’s First Look program allows early buyer feedback and can eliminate seller fees The 8-step global process ensures thorough preparation, positioning, and outreach Strategic positioning tied to market trends significantly improves buyer interest Market outreach generates valuable feedback that can reshape strategy or increase value Buyer outreach can lead to unexpected partnerships and revenue opportunities The Hiatus Program allows sellers to improve and re-enter the market at no additional cost Engaging both strategic and financial buyers creates multiple offers and better deal terms Case studies show dramatic valuation increases when using a competitive global process The ultimate goal is not just price—but optimal structure, terms, and long-term outcomes Chapers 00:00 Introduction: The Most Important Transaction of Your Life 00:35 Overview of Corum’s Global M&A Experience 01:05 Benefit #1: First Look Program & Early Buyer Feedback 02:00 Benefit #2: The 8-Step Global Partner Search Process 02:55 Benefit #3: Improving Positioning & Market Appeal 04:05 Benefit #4: Market Feedback That Drives Strategic Change 05:10 Benefit #5: Unexpected Business & Partnership Opportunities 06:20 Benefit #6: The Corum Hiatus Program Explained 07:25 Benefit #7: Creating Buyer Competition for Maximum Value 08:40 Case Study: From $25M to $80M Exit 10:00 Final Thoughts: Achieving the Optimum Outcome Subscribe for more insights on tech M&A trends, valuation strategies, and exit planning.
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Episode 102: Tech M&A Market Research Report
05/14/2026
Episode 102: Tech M&A Market Research Report
April Tech M&A Report: Taking a look at the deal activity, emerging trends, and valuations across 29 subsectors in April 2026.
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Episode 101: Tech M&A Secrets, 10 Strategies to Boost Company Value Before Sale
05/14/2026
Episode 101: Tech M&A Secrets, 10 Strategies to Boost Company Value Before Sale
Tech M&A Secrets: 10 Strategies to Boost Company Value Before Sale In today’s changing tech M&A environment, buyers are more selective than ever—taking a closer look at your business model, revenue quality, and growth potential. In this video, Corum Group outlines 10 proven strategies to increase (or protect) the value of your software or IT company before an exit. Whether you’re planning to sell soon or years from now, these insights will help you position your company for maximum valuation. Takeaways: The most valuable companies are built with a clear exit strategy from day one Recurring, predictable revenue is one of the biggest drivers of valuation A strong, cohesive management team reduces buyer risk and increases appeal Customer churn below 5–10% is critical for SaaS valuation premiums Scalable processes, models, and discipline improve buyer confidence High customer concentration can reduce value or kill deals Strong cash flow and path to profitability are increasingly important Strategic partnerships and ecosystems enhance credibility and growth Year-over-year growth is a primary valuation driver, especially for SaaS Timing matters—selling during strong performance and market demand maximizes outcomes With over 40 years of experience in tech M&A, Corum provides actionable insights used by top founders to achieve higher valuations and better exit outcomes. Chapters 00:00 Introduction: Today’s Tech M&A Environment 00:17 #1 Start with an Exit Plan 01:08 #2 Increase Recurring Revenue 02:32 #3 Strengthen Your Management Team 03:53 #4 Reduce Customer Churn 04:57 #5 Build Discipline, Process & Scalable Models 05:47 #6 Reduce Customer Concentration Risk 06:30 #7 Improve Cash Flow & Profitability 07:41 #8 Build Partnerships & Alliances 08:37 #9 Drive Year-over-Year Growth 09:34 #10 Timing Your Exit 10:20 Final Thoughts & Next Steps Subscribe for more expert guidance on preparing, positioning, and selling your technology company.
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Episode 100: Inside the Deal with Seth Freedman
04/27/2026
Episode 100: Inside the Deal with Seth Freedman
In this episode of the Tech M&A Podcast, we chat with Seth Freedman, founder of Intelligent Observation, to explore the realities of building, scaling, and ultimately exiting a venture-backed software business. Over a six-year period, Seth grew the company from startup to acquisition, navigating the pressures of institutional capital and the strategic decisions that come with sustained growth. Seth shares how a timely outreach from Corum initiated his M&A journey and walks through the board-level decision between raising additional capital versus pursuing a sale. He offers candid insight into the emotional transition founders experience post-exit, the demands of running a company while selling it, and how a strategic “hiatus” period allowed Intelligent Observation to strengthen key metrics—particularly churn—before returning to market with a stronger position and a clearer value story. Takeaways Exits are a strategic fork in the road: For VC-backed companies, selling is often weighed directly against raising more capital and scaling further. Timing and positioning matter: Going to market before the business is fully prepared can limit outcomes—and knowing when to pause can create leverage. A hiatus can add real value: Stepping back to address how churn and sustaining growth can significantly improve buyer confidence and valuation. Selling while operating is demanding: Founders must balance diligence, negotiations, and day-to-day leadership at the same time. Expect the personal transition: The emotional shift after an exit often begins once the deal is done, not before. Timestamps 00:00 – Pre-roll and setup: audio, video, and resetting the take 01:09 – Introducing Seth Freedman and Intelligent Observation 02:04 – How Seth first learned about Corum and why the timing mattered 02:39 – The VC-backed fork in the road: raise more capital or pursue M&A 03:11 – Life after the sale: the founder transition after the excitement fades 03:52 – Lessons learned building and exiting a startup 04:39 – Advice for CEOs selling their company 05:21 – What’s next: taking time before the next challenge 05:53 – The first attempt to sell and why it didn’t close 06:52 – Using a one-year hiatus to fix churn, strengthen metrics, and return to market
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Episode 99: Q1 2026 Tech M&A Market Research Report
04/24/2026
Episode 99: Q1 2026 Tech M&A Market Research Report
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Episode 98: 12 Steps to Survive Due Diligence
04/24/2026
Episode 98: 12 Steps to Survive Due Diligence
Due diligence has become tougher, deeper, and more demanding than ever before—especially in today’s fast‑paced tech M&A and private equity environment. Buyers now apply higher standards, deploy specialized diligence teams, and scrutinize every aspect of your business. In this special report, we walk through 12 critical steps every CEO must take to survive due diligence—and protect deal value. From preparing your data room and managing disclosures to controlling working capital and hiring the right advisors, this video outlines the real‑world land mines that derail deals and how experienced sellers avoid them. Whether you’re actively pursuing an exit or planning ahead, these best practices will help you meet buyer expectations, maintain leverage, and get through diligence with confidence. Key Takeaways -Due diligence today is not just document review—it’s a full‑company stress test -Private equity firms now set the gold standard for diligence expectations -Preparation before LOI dramatically improves outcomes and leverage -Poor timing of disclosures can erode trust and kill deals -Working capital surprises are one of the most common last‑minute deal breakers -Strong advisors and intermediaries can be the difference between closing—or collapsing—a deal Chapters 00:00 Why Due Diligence Is Harder Than Ever 01:30 Step 1: Understand the Buyer’s Due Diligence Checklist 01:58 Step 2: Prepare Your Data Room in Advance 02:43 Step 3: Fix Accounting Issues Before Due Diligence 03:03 Step 4: Control the Timing of Disclosures 03:37 Step 5: Run Parallel Due Diligence and Contract Processes 04:08 Step 6: Get a Draft Agreement Early 04:43 Step 7: Appoint a Due Diligence Coordinator 05:03 Step 8: Inform Only Key Employees 05:28 Step 9: Watch Working Capital Closely 06:02 Step 10: Use Your Accountants Effectively 06:22 Step 11: Hire Experienced Tech M&A Legal Advisors 06:52 Step 12: Choose the Right M&A Intermediary 07:16 Why Experience Matters Most in the Final Mile of Diligence
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Episode 97: Sell For Free Fallout
04/24/2026
Episode 97: Sell For Free Fallout
What really happens when you try to sell a software company for free? In this CEO’s Desk episode, Corum Group addresses the unexpected fallout from launching First Look—a new tech M&A program designed to help owners sell for free by giving software and IT companies early exposure to qualified buyers. While First Look attracted the right audience of smaller sellers, the promise of a free exit also triggered a surge of long‑waiting founders—many with established companies—who had delayed action for years hoping their software company exit would simply “happen.” Drawing on decades of experience advising founders through successful business exit strategies, this video explains why selling a tech company requires proactive positioning, competitive pressure, and broad buyer exposure—and why waiting for free often leads to undervalued outcomes. If you’re considering selling a software company, evaluating your exit timing, or navigating today’s M&A advisory landscape, this candid discussion offers critical insight into why the best exits are planned, not discovered—and why now may be the strongest market to sell. Key Takeaways “Free” is powerful—but dangerous. It often pulls sellers into fast, undervalued deals.\ Companies are sold, not discovered. Passive waiting rarely produces optimal outcomes. Early, broad buyer exposure matters. A single offer is not a real market. Many founders wait too long. By the time they act, the market window may already be closing. The best exits come from preparation. Global search processes consistently outperform opportunistic offers. Right now, is an unusually strong market for selling quality software and IT businesses. Chapters 0:26 – Overwhelming Response from Sellers and Buyers Why demand exceeded expectations—and not just from small companies. 0:45 – The Unexpected Fallout Begins Why Corum had to hit pause after launch. 1:24 – The Myth: “Companies Are Bought, Not Sold” Why waiting for discovery is a costly mistake. 3:22 – Why Founders Cave to ‘Free’ Speed, convenience, and the emotional pull of no commissions. 4:03 – Why First Look Was Created Helping companies who aren’t ready—or right—for a full global search. 4:26 – First Look vs. a Global Partner Search Who First Look is for—and who should not use it. 4:57 – Final Warning: Don’t Miss the Window Why this may be the best market founders will see to sell their tech company.
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Episode 96: Inside the Deal with Brian Allen
03/24/2026
Episode 96: Inside the Deal with Brian Allen
In this episode of the Tech M&A Podcast, we sit down with Brian Allen, former Managing Director and Chief Executive of Certus Solutions. Over the course of two decades, Brian grew Certus into a leading IBM-focused software and services provider in Australia and New Zealand, specializing in enterprise asset management. This journey culminated in a successful strategic sale to Egis, following a long-planned liquidity event for the company's shareholders. Brian discusses his decade-long relationship with Corum Group, which began during a prior M&A process, and explains why he chose to re-engage professional advisors for the Certus exit. He shares candid insights into managing a complex transaction that included a strategic "hiatus" period, the importance of maintaining competitive tension during negotiations, and his advice for CEOs navigating their first or second sale. This episode offers a masterclass in long-term value creation and the discipline required to execute a high-stakes liquidity event. Takeaways Plan for the long term: Successful exits are often the result of years of preparation to ensure maximum shareholder value. Specialization is key: Deep expertise in a specific ecosystem, such as IBM technologies, can position a firm as a dominant regional player. Maintain leverage: Using a "hiatus" or pause in a deal can be a strategic tool to reset expectations and ensure competitive tension. Professional representation matters: Engaging experienced advisors is critical when negotiating with large institutional buyers and global entities. Focus on the "Why": Understanding the specific timing for a liquidity event helps align the interests of all shareholders and stakeholders. Timestamps 00:11 – Introducing Brian Allen and the growth of Certus Solutions 01:22 – A ten-year history: First learning about Corum Group via Zcom 01:55 – Navigating the 15-year journey toward a liquidity event 03:40 – Scaling as a premier IBM partner in Australia and New Zealand 06:15 – Why Certus chose professional M&A representation for this exit 08:30 – Life after the deal: Advising Egis and future plans 09:30 – Navigating the transaction "hiatus" and its impact on the deal 10:07 – Creating competitive tension to protect deal terms 10:21 – How the hiatus ultimately benefited the final outcome 10:27 – Final thoughts and wrap-up
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Episode 95: CEOs Who Sold Their Companies Share Real M&A Lessons | 2026 Sellers Panel
03/18/2026
Episode 95: CEOs Who Sold Their Companies Share Real M&A Lessons | 2026 Sellers Panel
Selling a company is one of the most complex—and emotional—transactions a founder will ever face. In this 2026 Annual Sellers Panel, CEOs who successfully built and sold their companies share real‑world insights from inside the M&A process. From global deal dynamics and valuation expectations to earnouts, advisor selection, partner alignment, and emotional resilience, this panel offers candid lessons every founder should hear before going to market. The discussion highlights what surprised sellers most, where preparation mattered, and why having experienced advisors, aligned partners, and clean financial reporting can make or break an outcome. If you’re a tech founder or CEO thinking about an exit—now or in the future—this panel delivers practical, experience‑driven advice from those who’ve already been through it. Corum is the world's leading educator on tech trends, valuations, growth strategies and Tech M&A. If you are a Tech CEO/founder and would like to learn to prepare, position, research, value, negotiate and execute due diligence for maximum price and optimal structure in an M&A transaction, attend one of our upcoming events. Visit for a full global event schedule. Takeaways Tech M&A is truly global, with buyers and sellers spanning multiple continents A company is ultimately worth what the market is willing to pay, not expectations Valuation discussions require research and realism Earnouts and post‑close roles must be clearly defined upfront Partner alignment and transparency are critical during negotiations Strong preparation of financials reduces pressure during due diligence Experienced M&A advisors help smooth negotiations and protect value Once committed to an exit, founders should make every decision around building value Chapters 01:42 – What was your process for selecting an advisor 04:54 – What was your motivation for going through the M&A process? 07:39 – During the M&A process, what surprises did you encounter along the way? 11:53 – What advice would you give to CEOs selling their company?
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Episode 94: Tech M&A in February 2026: Deal Volume, Valuations & Mega Deal Trends Explained
03/18/2026
Episode 94: Tech M&A in February 2026: Deal Volume, Valuations & Mega Deal Trends Explained
February 2026 was an active month for technology mergers and acquisitions, with 394 tech M&A transactions, including five billion‑dollar mega deals and a top disclosed transaction valued at $9.9 billion. In this market update, we break down the latest tech M&A data from the Corum Index, including deal volume, valuation multiples, private equity activity, cross‑border trends, and sector‑level performance across horizontal, vertical, infrastructure, gaming, IT services, healthcare, AI, cybersecurity, and supply chain management. You’ll hear where valuations are expanding, which subsectors are commanding premium multiples, and how strategic buyers, private equity firms, and non‑tech acquirers are shaping today’s deal landscape. If you’re a founder, CEO, investor, or corporate development leader, this report offers practical insight into exit timing, buyer demand, and market momentum. Takeaways February 2026 recorded 394 tech M&A deals, including five $1B+ mega transactions Private equity acquired 23 platform companies; VC‑backed exits totaled 105 35% of deals were cross‑border, highlighting strong global buyer demand Startups represented 45% of all transactions, with an average target age of 12 years The horizontal sector continues to lead in total deal volume and value Supply Chain Management (SCM) delivered the highest revenue and EBITDA multiples Healthcare, education software, AI, cybersecurity, gaming, and infrastructure saw robust activity Strategic buyers increasingly pursued AI capabilities, data platforms, and sector‑specific software Valuation multiples varied widely by subsector—underscoring the importance of positioning and timing Chapters 00:13 – Mega Deals and Market Scale 00:24 – Private Equity, VC Exits & Cross‑Border 00:47 – Vertical vs Horizontal Sector Performance 04:22 – IT Services Valuation Trends (Developed & Emerging Markets) 06:15 – Consumer Sector Deals 09:06 – Infrastructure Sector Valuations
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Episode 93: 5 Costly Tech M&A Myths That Kill Founder Value (And How to Avoid Them)
03/18/2026
Episode 93: 5 Costly Tech M&A Myths That Kill Founder Value (And How to Avoid Them)
After 40 years advising technology founders on mergers and acquisitions, one thing is clear: old myths about selling a tech company refuse to die—and they cost founders millions. In this video, a veteran tech M&A advisor breaks down five dangerous myths that still derail otherwise great exits. From the belief that “companies are bought, not sold,” to the risks of amateur buyer outreach and flawed bid timelines, this discussion explains why preparation, process, and professional execution matter more than ever. If you’re a tech founder, CEO, or shareholder thinking about an exit, recapitalization, or strategic sale, this video explains how to avoid undervaluation, missed markets, and broken deal dynamics—and how to position your company for the best price, structure, and outcome. Takeaways Companies are sold, not magically bought—waiting rarely produces premium outcomes “Soft” signals to buyers don’t work; credible market engagement does Serial buyer outreach weakens leverage—competitive tension drives valuation Rigid bid timelines often backfire in today’s regulatory environment Amateur outreach burns bridges and reduces optionality The best exits are driven by experienced deal professionals, not luck Optimal outcomes require focus on price, structure, tax efficiency, liabilities, and post‑deal terms Chapters 00:18 – Myth #1: Companies Are Bought, Not Sold 00:43 – Myth #2: Soft Overtures to Buyers Work 01:02 – Myth #3: The Serial Buyer Approach 01:22 – Myth #4: Beware of Bid Timelines 01:47 – Myth #5: Amateur Buyer 02:15 – What Actually Drives Optimal Exit Outcomes
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Episode 92: Inside the Deal with Robin Fisk
02/23/2026
Episode 92: Inside the Deal with Robin Fisk
In this episode of the Tech M&A Podcast, we sit down with Robin Fisk, co‑founder and CEO of Donorfy, a SaaS CRM platform built specifically for nonprofits and charities. Robin shares the 10‑year journey of building a bootstrapped, cloud‑based CRM serving over 1,000 organizations across the UK and Scandinavia, culminating in Donorfy’s acquisition by The Access Group in November 2024. Robin walks through why he and his co‑founder decided to sell, how they prepared for the M&A process, why choosing the right advisor mattered, and what surprised him most along the way. He also offers candid insights into due diligence, managing confidentiality with a close‑knit remote team, defining non‑negotiables, and life after exit. This episode is packed with practical advice for founders considering a strategic sale. Takeaways Build with the exit in mind from day one. Preparation matters more than speed. Choose advisors with founder experience. Know your non‑negotiables early. Selling your company is emotional — even when it’s successful. 00:22 – Introducing Robin Fisk and Donorfy 03:06 – Acquisition by The Access Group 4:28 – Choosing Corum Group as an M&A advisor 06:35 – The hardest parts of selling a company 09:29 – Defining non negotiables in the deal 11:56 – Balancing work, due diligence, and personal life 14:48 – Advice for founders considering an exit 17:18 – Life after selling the business 18:50 – Final thoughts and wrap up
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Episode 91: Inside the Deal with James Fair
01/27/2026
Episode 91: Inside the Deal with James Fair
Operating a company during an exit is difficult. Managing a sell-side process while simultaneously acquiring a business in a different time zone? That requires a specific mindset. In this episode, we speak with James Fair, founder of Vetasi, following his acquisition by Cohesive (part of the Bentley Group). James breaks down the reality of "oily hands" asset management software and the critical importance of recurring revenue. He shares the story of a grueling, unprecedented 3-week due diligence sprint that galvanized his team, and offers advice on why waiting for the "perfect" conditions is often the enemy of a successful deal. Takeaways: Timing matters more than perfect readiness A strong recurring revenue model and full‑service offering make a company highly attractive to buyers Running an M&A process alongside daily operations is extremely demanding Despite the intensity, the M&A journey can be unifying and rewarding 00:00 - The Origins of Vetasi: Building a Global Asset Management Player 01:15 - Why Sell Now? Timing, Market Heat, and Strategic Fit 03:00 - The Secret Sauce: Advisory-First Strategy & Recurring Revenues 04:21 - Steering the Ship: Running M&A While Running the Business 06:48 - Lessons from the Trenches: Preparation, Imperfection, and Three-Week Diligence 08:29 - After the Exit: Culture Clashes, Shared Vision, and the New Chapter Ahead
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Episode 90: The Power of a Pause
12/18/2025
Episode 90: The Power of a Pause
Markets shift. Buyers have concerns. Sometimes the offer isn't what you expected. After 40 years and more tech company sales than any firm in history, we've learned one crucial truth: Sometimes the best move is to hit "pause." In this month's webcast, hear from three founders who leveraged Corum’s Hiatus program to deliver dramatically better results: addressing buyer concerns, improving customer base, reducing churn and demonstrating consistency—proving that patience and preparation beat settling every time. Plus, we'll cover: CEO Desk: Thinking About an Exit? 7 Buyer Benchmarks That Matter Current Valuation Trends: Understand tech company valuations today Key Tech Market Deals: Discover notable transactions from November Active Tech Buyers: Learn which companies are acquiring ------------------------------------------------ Corum's Tech M&A Monthly is a regular podcast series for software company owners, executives and CEOs. Each month, Corum Group, the world's leading M&A firm for software and related technology companies, examines the world of Tech M&A. In addition, Tech M&A Monthly includes special reports on buyers, markets and the M&A process itself. This thirty-minute podcast is a must for owners and CEOs considering Tech M&A, whether now or in the future.
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Episode 89: Smart Money is Selling – Should You?
12/18/2025
Episode 89: Smart Money is Selling – Should You?
The smart money is capitalizing on the strong M&A market and valuations to exit investments. In this month’s Tech M&A Monthly webcast, we’ll explore five key reasons why VC and PE funds are heading for the exits—and what it means for your business. Are you watching what the smart money is doing? You should. What else will be covered? Special report: Understanding Working Capital Current Tech M&A market trends Valuations across all 6 tech sectors November megadeal report Learn why Tech CEOs and Founders should be watching the PE and VC exit trends. --------------------------------------------------------------- Corum's Tech M&A Monthly is a regular podcast series for software company owners, executives and CEOs. Each month, Corum Group, the world's leading M&A firm for software and related technology companies, examines the world of Tech M&A. In addition, Tech M&A Monthly includes special reports on buyers, markets and the M&A process itself. This thirty-minute podcast is a must for owners and CEOs considering Tech M&A, whether now or in the future.
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Episode 88: Quality of Revenue—The Key to Your Value
12/18/2025
Episode 88: Quality of Revenue—The Key to Your Value
When buyers evaluate a software or tech company, they don’t just look at top-line growth or EBITDA. Buyers dig into the quality of your revenue. Is it recurring? Diversified? Sustainable? These factors play a critical role in determining valuation and can mean the difference between an average and extraordinary outcome. In this webcast, we break down what acquirers really look for in revenue streams, how quality impacts valuation and what CEOs and founders can do now to strengthen their company’s long-term value. Webcast Agenda: CEO Desk: 10 AI Traps to Avoid with M&A Presentations Special Report: Quality of Revenue—The Key to Your Value Review of key deals in September 2025 Valuation trends across the six technology sectors --------------------------------------------------------------- Corum's Tech M&A Monthly is a regular podcast series for software company owners, executives and CEOs. Each month, Corum Group, the world's leading M&A firm for software and related technology companies, examines the world of Tech M&A. In addition, Tech M&A Monthly includes special reports on buyers, markets and the M&A process itself. This thirty-minute podcast is a must for owners and CEOs considering Tech M&A, whether now or in the future.
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Episode 87: Tech M&A Bidding—The New Rules
12/18/2025
Episode 87: Tech M&A Bidding—The New Rules
The rules of Tech M&A have changed. What once took months now happens in days — accelerating buyer responses, heightening competition and creating opportunities for sellers to maximize value. In this webcast, we discuss how you can succeed in the virtual age of Tech M&A bidding. Additionally, we also cover: 10 Tips for choosing an M&A attorney Key deals in August 2025 Valuation trends across six sectors Upcoming M&A educational opportunities --------------------------------------------------------------- Corum's Tech M&A Monthly is a regular podcast series for software company owners, executives and CEOs. Each month, Corum Group, the world's leading M&A firm for software and related technology companies, examines the world of Tech M&A. In addition, Tech M&A Monthly includes special reports on buyers, markets and the M&A process itself. This thirty-minute podcast is a must for owners and CEOs considering Tech M&A, whether now or in the future.
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Episode 86: Inside the Deal with Brian Sweat
12/09/2025
Episode 86: Inside the Deal with Brian Sweat
In this episode of the Tech M&A Podcast, Brian Sweat, CEO of Alterity Inc., shares his journey of building a company that developed Activate Inventory Software and the process of selling it. He discusses the motivations behind pursuing M&A, the challenges of finding the right strategic fit, and the importance of employee integration during an acquisition. Brian reflects on lessons learned, the role of advisors like Corum in filtering opportunities and negotiating deals, and how life has changed after the sale—bringing renewed focus and reduced stress. Takeaways: Alterity created Activate Inventory Software for small businesses. There’s no perfect deal—focus on progress and strategic alignment. Corum’s expertise helps CEOs filter noise and secure the best opportunities. Selling can reduce stress and allow founders to focus on what they enjoy. 00:00 Introduction to Alterity and its Mission 03:12 The Pivot Point: Progress Over Perfection 04:18 Employee Integration and Career Growth Post-Acquisition 06:48 Advice for CEOs: Filtering Opportunities and Using Advisors 08:29 Life After the Sale: Reduced Stress and Renewed Focus 10:46 Reflections on Working with Corum and Future Plans
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Episode 85: Inside the Deal with Barry Larson
11/05/2025
Episode 85: Inside the Deal with Barry Larson
In this episode of the Tech M&A Podcast, Barry Larson, founder and CEO of OK Alone, shares his journey of building a company focused on employee safety monitoring solutions and the process of selling it. He discusses the challenges and strategies involved in the M&A process, including choosing the right partner, navigating negotiations, and the importance of preparation and commitment. Barry reflects on life after the sale, exploring new opportunities and personal projects. Takeaways: OK Alone is an employee protection software. Corum has experience in selling in niche sectors. Hiring an advisor means the CEO is able to focus on running the business. Preparation is key. 00:00 Introduction to OK Alone and Its Mission 02:48 The M&A Process: Choosing Corum and Navigating Challenges 05:42 Negotiation Insights and Non-Negotiables 08:59 Life After the Sale: New Opportunities and Reflections
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Episode 84: Inside the Deal with Dan Goerdt
10/01/2025
Episode 84: Inside the Deal with Dan Goerdt
In this episode of the Tech M&A Podcast, Dan Goerdt, CEO of Flexagon, shares insights into his company's journey through the M&A process. He discusses the challenges and strategies involved in scaling the business, finding the right buyer, and the impact of the deal on his personal and professional life. Dan emphasizes the importance of education and preparation in navigating the M&A landscape, as well as the significance of aligning with a buyer that fits the company's culture and goals. Takeaways Flexagon is a software automation company founded in 2014. The M&A process requires significant time and commitment. Finding the right buyer is crucial for company culture. Education on the M&A process is essential for success. The diligence process can be rigorous but manageable. Balancing company operations with M&A activities is challenging. Having a clear process helps in making informed decisions. Financial security post-deal provides new opportunities. Work-life balance is important for personal well-being. Future growth strategies are exciting and essential for success. 00:00 Introduction to Flexagon and the M&A Journey 02:51 Navigating the M&A Process 05:51 Finding the Right Buyer 08:52 Life After the Deal and Future Aspirations
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Episode 82: Inside the Deal with Niles Overly and Rob Kopp
08/26/2025
Episode 82: Inside the Deal with Niles Overly and Rob Kopp
In this episode of the Tech M&A Podcast, hosts Niles Overly and Rob Kopp share their experiences as co-founders of Metro Data Centers, discussing their motivations for selling the company, the unique aspects of their business, and the challenges they faced during the M&A process. They emphasize the importance of planning for an exit, effective communication, and the value of seeking professional help throughout the sale process. The conversation provides valuable insights for entrepreneurs considering an exit strategy. Takeaways Always think about an exit strategy from the start. Unique business models can attract buyers. Effective communication is crucial during the sale process. Balancing daily operations with M&A activities is challenging. Seek professional help to navigate the M&A process. Experience plays a significant role in successful exits. Planning financial projections is essential but difficult. Involve trusted employees at the right time. Investment bankers can provide significant value during sales. Understanding the complexities of your business is key. Chapters 00:00 Introduction to Tech M&A Podcast 00:28 Founders' Backgrounds and Company Overview 01:54 Motivations for the Sale Process 03:10 Unique Selling Points of Metro Data Centers 04:14 Communication Strategies During the Sale 05:23 Balancing Operations and M&A Process 06:32 Lessons Learned and Surprises 07:58 Advice for Entrepreneurs Considering an Exit
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Episode 81: The August Monthly Report
08/18/2025
Episode 81: The August Monthly Report
Tech M&A Is Shattering Records—Are You Ready to Capitalize? Join us for the August edition of Tech M&A Monthly, where we’ll break down what’s driving record-breaking deal activity and what it means for tech founders like you. We’ll explore the latest trends shaping the M&A landscape and take you inside the buyer universe—who’s actively acquiring, how much dry powder they’re sitting on and where they’re looking to invest next. If you’re thinking about an exit or just want to stay ahead of the curve, this is a webcast you won’t want to miss.
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2025 Tech M&A Mid-Year Report
07/17/2025
2025 Tech M&A Mid-Year Report
Whether you’re exploring an exit or simply preparing for the future, Corum’s 2025 mid-year report will give you the insight you need to navigate the second half of the year. Billion-dollar tech deals dominate the headlines—but that’s only part of the story. If you're the CEO, founder or investor in a smaller software or IT company, you need to understand what’s really happening in the M&A market and how it impacts companies like yours. Corum’s 2025 Tech M&A Mid-Year Report Covers: • CEO Desk: “Too Small to Sell? Think Again” • Corum’s “Four Pillars for M&A Success” • Key trends in Tech M&A in H1 2025 • Valuation metrics across 6 sectors and 29 subsectors • Top buyers acquiring in 2025 Download a copy of the H1 2025 report: #techM&A2025 #techexitstrategy #techvaluationmetrics #corumgroup #softwarecompanysale
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