Tech-Enabled Services: A Bright Spot in a Dimming Deal Environment
Corporate Advisory Solutions' Michael Lamm discusses the resiliency of tech-enabled business services
Middle-market companies face plenty of headwinds today, and those offering tech-enabled business services are no exception. As people-based operations, these companies can be particularly challenged by the ongoing talent crunch.
Yet the space is also a resilient one, says Michael Lamm, managing partner at Corporate Advisory Solutions, especially in the areas of healthcare revenue cycle management, call centers and debt collection.
Lamm joins GrowthTV to share important considerations for potential tech-enabled business services investors, which must be aware of the unique nuances of the space. That could include everything from HIPAA or data protection compliance to the sustainability of financial performance in a recessionary environment. Acquirers must “go in eyes wide open,” says Lamm, and with the right advisors and consultants nearby to help.
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