Preview Mode Links will not work in preview mode

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 special reports on sectors, buyers, trends and M&A processes, as well as panel discussions and Q&A featuring both recent sellers and major tech buyers like Google, Microsoft, Salesforce and others.

  1. All Episodes
  2. Episode 63: Inside the Deal with Ashley Moore

Episode 63: Inside the Deal with Ashley Moore

Nov 5, 2024

In this episode of the Tech M&A Podcast, Corum speaks with Ashley Moore, former CEO of Spatialest, a GIS-based SaaS company. They discuss Ashley's journey from being a non-executive director to CEO, the challenges of operating a Northern Ireland company with US customers, and the decision to engage Corum for the M&A process. Ashley shares insights on life after selling the business, the importance of being prepared for the due diligence process, and offers advice for CEOs considering an exit strategy.

 

00:00 Introduction to Tech M&A Podcast
00:35 The Journey of Spatialest
02:55 Choosing Corum for the M&A Process
04:46 Life After Selling a Business
05:42 Advice for CEOs Considering M&A
06:11 Final Words of Wisdom
 
Takeaways:
  • Ashley transitioned from non-executive director to CEO of Spatialest.
  • Spatialest focused on software for local government in the US.
  • The company originated from a university research project.
  • Choosing Corum was crucial due to lack of time and expertise.
  • Market changes prompted the need for a strategic exit.
  • Life after selling includes more personal time and new opportunities.
  • Preparation is key for a successful M&A process.
  • Understanding market dynamics is essential for CEOs.
  • Due diligence processes can expose weaknesses in company operations.
  • Confidence and perseverance are vital in business.