Home-based care leaders looking to become buyers need to educate themselves about the legal transaction lifecycle in order to avoid the common pitfalls, Home Health Care News reports.
Broadly, the lifecycle of a M&A transaction can be divided into three phases — strategy and sourcing; due diligence and execution; and integration.
The second phase, due diligence and execution, is typically when legal counsel gets involved, Donna Ruzicka, a shareholder at Polsinelli, noted during a webinar hosted by the law firm.
There are also different types of diligence that can be conducted, including: financial, legal, insurance, employee benefits, billing and coding claims review and lender diligence. Read more.
