M&A Lessons Every Entrepreneur Needs To Know | Richard Leggett & Tom McCormick

Building a company for exit? Prepare for the long haul.

In this episode, hosted by Paige Soya, Richard Leggett, former CEO of FrontierView, and lead investor Tom McCormick dive into the harsh realities of the world of M&A.

They share how they navigated the pressures of competing priorities, kept the business afloat during the pandemic, and avoided a fire sale by strategically positioning for a successful exit.

With candid insights on resilience, timing, and critical decision-making, this episode is a must-watch for entrepreneurs facing tough choices.

Note: This episode is a re-upload with added substance and a quick sneak peak into the conversation at the start. Enjoy!

Connect with us here:

1. Richard Leggett-   / richard-leggett-391a8111  

2. Paige Soya:   / paigesoya  

3. K Street Capital:   / kstreetvc  

00:00 Trailer
00:49 Introduction
01:09 Guest Introductions and Backgrounds
03:33 The Frontier Exit Story
04:17 Navigating the Pandemic and Fire Sale Offer
05:51 Tom's Involvement and the Nine-Day Spin-Out
11:17 Post-Spin-Out Success and Market Conditions
20:20 Deal Structuring and Earnout Challenges
31:23 Lessons Learned and Final Thoughts