Growing Your Business Through M&A With John Bly
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John Bly is the Managing Partner of the South Atlantic at Aprio, a premier CPA and business advisory firm that advises clients and associates on maximizing revenue and reducing risk. He is a Certified Public Accountant (CPA), a Chartered Global Management Accountant (CGMA), and has a Credit Valuation Adjustment (CVA). John was the founding member of LBA Haynes Strand, which he grew organically and through M&A and merged with 14 firms before joining forces with Aprio in November 2019. LBA Haynes Strand ranked as one of the Charlotte Business Journal’s Top 25 CPA Firms in the Charlotte Region and an Inc. 5000 Company.
As a business thought leader and speaker, John is the author of Cracking The Code, a Young Presidents’ Organization (YPO) and Entrepreneurs’ Organization (EO) member, and a former three-year member of EO’s Global Board of Directors. He was also a Partner at Bly & Bly, CPA, a family-owned bookkeeping and tax service business that became one of the fastest-growing privately-held companies in North Carolina.
In this episode…Is your business stagnant or experiencing slow growth? One way to accelerate business development is through mergers and acquisitions (M&A). So, what does it take to merge or acquire a company?
Having faced many challenges in growing a company, John Bly has successfully merged with 14 other firms. When assessing a business to acquire, he says to identify and vet the acquisition targets and financing solutions. After a merger, it’s critical to develop new systems, redefine roles, and support the team in the transition process. When executed correctly, M&As can support entrepreneurship and encourage profitable growth.
In this episode of The Future is Borderless, David Nilssen sits down with John Bly, the Managing Partner of the South Atlantic at Aprio, to discuss business development through mergers and acquisitions. John explains how he overcame the challenges he faced acquiring other firms, how to evaluate and identify the best company to acquire, and the methodologies of mergers and acquisitions
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