BROKEN HANDOFFS - HOW THEY CAUSE A $3 TRILLION LOSS IN THE ECONOMY EVERY YEAR

Every year, more than fifty thousand deserving entrepreneurs and executives attempt to sell a company they've worked tirelessly to build - yet more than 70 percent fail. Why? Because most deals are derailed by hidden dangers that leave both buyers and sellers blindsided. Join us for lunch to hear three different perspectives on the issues surrounding failed transactions- including all types of mergers & acquisitions from Venture Capitalist, Private Equity, Investors, and Private sales. Come hear the authors discuss what a Broken Handoff is and some advice on how to avoid them? Most people are unaware of the staggering statistics around failed transactions. More than 70% of companies that go to market to be sold never sell, and of the 30% that do end up consummating a sale, more than 70% of those deals fail to achieve the goals they had outlined when doing the deal. The overall effect of these failed acquisitions results in nearly $3 Trillion in lost dollars to the economy and more importantly, the reduction in entrepreneurs starting and running businesses.

Darien, Seth and Michael will discuss some of the reasons for these failures, demystify the process that has led to such a low success rate, and provide some guidance, tips and tools to improve your odds of avoiding a broken handoff.

Darien is an entrepreneur who has built his career in the human capital, development, and culture industries and the CEO of Mackenzie Eason in Fort Worth. Seth built his career scaling and growing lower middle market companies and is the owner and CEO of Comm-Fit in Addison, TX. Seth has been through many acquisitions and divestitures in his career and operated under private equity ownership for nearly 10 years. Michael is a serial entrepreneur with extensive experience building companies from the ground up, raising equity and debt, and selling companies. Michael was the founder of Teledoc and many other great companies and is currently the CEO of Back to Space in Dallas, TX