Adam Harris is the CEO and Cofounder of Cloudbeds, a leading SaaS company in the hospitality industry. With a background in finance, marketing, and technology, Adam has over 15 years of experience launching and scaling businesses. Under his leadership, Cloudbeds has expanded through strategic M&A, acquiring six companies to enhance their product capabilities and market reach. Adam's focus on integrating innovative technology solutions has transformed the hospitality sector, simplifying operations for property owners and operators. Cloudbeds now supports customers across 157 countries, generating over $15 billion in annual room sales.
When executing M&A, having a structured approach to validating the acquisition plan is crucial. The worst thing any acquirer can do is to buy a business that doesn’t bring value to the parent company. Adam Harris, CEO of Cloudbeds, shared his insights on the M&A Science Podcast, outlining a meticulous 6-step process his company uses. Here’s a breakdown of these steps to help professionals streamline their M&A strategy.