In this episode, co-hosts Ayelet Shipley and Christian Hassold discuss WPromote’s acquisition of Giant Spoon. They delve into the intricacies of the acquisition process, emphasizing the importance of trust and the contributions of a strong deal team. The conversation also touches on market reactions to the acquisition and the importance of post-merger integration planning. The hosts conclude with reflections on lessons learned and future goals for the newly formed agency.
Takeaways
Thanksgiving cooking hacks can lead to perfect meals.
The acquisition of Giant Spoon by WPromote is a significant industry move.
Trust and communication are crucial in the deal process.
Shared expectations workshops can enhance collaboration.
Having a partner to navigate complex P&Ls is critical to navigating technical financial discussions in a deal process
Market reactions can provide insights into industry perceptions.
The integration process should be planned from the start.
Maintaining brand identity is important post-acquisition.
Future goals and objectives are vital for continued growth.
Chapters
00:00 Thanksgiving Reflections and Cooking Hacks
02:12 Major Acquisition Announcement: WPromote and Giant Spoon
05:05 The Search for the Right Agency: A Corporate Development Journey
10:08 Navigating the Deal Process: Trust and Communication
17:31 Building Trust: Shared Expectations Workshop
21:30 Challenges and Insights from the Deal Process
25:05 Market Reactions and Industry Perspectives
29:21 Final Thoughts and Future Goals
Connect with Christian and Ayelet
Ayelet’s LinkedIn: https://www.linkedin.com/in/ayelet-shipley-b16330149/
Christian’s LinkedIn: https://www.linkedin.com/in/hassold/
In/organic on YouTube: https://www.youtube.com/@InorganicPodcast/featured
Episode References
Ad Age Deal Announcement
GE’s Opening Day Commercial by Giant Spoon
