In this episode of The M&A Moment, I talk with Rick Climan about his recent move to Hogan Lovells, LLP. Rick, along with his entire mergers and acquisitions all-star team of Keith Flaum, Jane Ross, John Brockland and their support staff all moved to Hogan Lovells to take advantage of the firm’s worldwide reach and resources. This is a powerhouse move in the technology M&A world designed to put Rick and his team in position to be the leaders in the increasingly global nature of multi-billion dollar deals. As Rick often discusses, both domestic and foreign corporations are looking for global targets and buyers for their M&A strategy and Rick and his team are now likely to be one of the go-to firms for one side of many of the biggest deals.
Rick and I also take a look back at a deal announced in 2016, Broadcom’s acquisition of Brocade Network Solutions and see how the regulatory review, both foreign and domestic, has been progressing. We also discuss some recently announced divestitures, contingent of the deal closing, to see if this might be timed to appease regulators or perhaps be for some other strategic reason.
Finally, we look and the heating up tech IPO market and see if this means the M&A exits will be impacted by the availability of more liquidity in the equity markets..
This episode was recorded on Bay Area Ventures on SiriusXM Channel 111 Business Radio Powered by the Wharton School on May 22, 2017.