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Ask HN: Acquisitions Department?
We've been approached by a large player in our space who is interested in potentially acquiring our startup. We'd like to get in touch with other large players in the space to see if they're also interested in an acquisition. That said, we don't have connections to these companies and are a bootstrapped startup without VC connections. Who do we contact and how do we go about contacting them?
My idea is to contact an employee of the company in an unrelated function and see if they can do an intro to somebody in the M&A dept. Is that crazy?
- caw 13y agoUnrelated may not get you anywhere if the company is sufficiently large enough, which is probably true in any company large enough to actually have an M&A department. I happen to know someone in M&A at my company, but only because I worked with him on a project. Even then, he's in M&A integration, and not someone with negotiation authority. Most of my coworkers don't know anyone in M&A. If you randomly showed up on my doorstep, I wouldn't give you his name. You could be on to something, but I think you'd be better off talking to someone high up in the department you'd be acquired under.