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AFP
Successful entrepreneurs seeking a big liquidity event rely on Mergers and Acquisitions (M&A) advisors to guide them. Brett Davis, Managing Partner at Continuum Advisors, with over 20 years of experience in buying and selling private and publicly held companies, shares his professional opinion on the inevitable shifts in the industry.
The rise of advanced technologies, particularly Artificial Intelligence (AI), is causing significant changes across industries worldwide. The global AI market is projected to reach $2 trillion by 2030, indicating the widespread adoption of AI in business strategies. Despite concerns about AI diminishing human connections, Davis emphasizes that AI can actually free up time for more meaningful interactions with clients.
Continuum, a boutique M&A advisory firm, focuses on increasing the value of its clients while connecting them with prospective buyers and investors. Davis notes that finding the right match can be time-consuming, but with today’s technology, companies have the opportunity to connect with potential partners without knowing them beforehand.
Leveraging AI and Machine Learning (ML) technology can speed up the search, qualification, and due diligence process for M&A advisors, reducing risk and enabling deals to close sooner. Davis emphasizes that while the M&A industry has always focused on relationships, AI has revolutionized the volume, speed, and ability to evaluate and understand data.
AI has numerous use cases, from filtering through data to guiding clients through transactional complexities. Continuum has embraced advanced technology solutions to deliver more efficient services and meaningful collaboration with clients.
Davis encourages embracing AI to identify alternative use cases and audiences, providing clients with relationship-oriented guidance that is more scalable and efficient.
2024-03-06 05:41:02
Article from www.ibtimes.com