Foley & Lardner LLP Partner Louis Lehot was quoted in a They Got Acquired article titled, “Acqui-hire opportunity? You’ll want to retain your team. Here’s how to convince them.” The article discusses acqui-hires amid the tight hiring market for the tech industry.
Lehot discussed whether sellers should tell their team ahead of time, commenting, “Don’t tell them anything until you’re really sure you have a deal. Because if the team unravels, you have nothing. If they hear you can’t make payroll, and you might be selling, they’re running for the exits.