Web Summary
Q1: What is the founding year of Corum India Private Ltd., and what was the initial focus of the company?
A1: The company, Corum Group, was founded in 1985, with an initial focus on mentoring software firms using a proprietary Strategic Audit Process. This process involved surveying users, distribution, staff, and management to provide realworld recommendations to management and investors.
Q2: What were the shortcomings of existing M&A advisory options that led Corum to create its own model?
A2: The existing M&A advisory options were found to be lacking in several areas, including being loose partnerships, often founded by individuals laid off from Wall Street, with no international presence. They also lacked critical buyer knowledge, which was jealously guarded in someone's head.
Q3: What is the core element of Corum's new kind of M&A advisory firm?
A3: The core elements of Corum's model include building the world's largest buyer database, creating extensive educational programs to support it, and developing the best process with professional teams led by senior dealmakers, former CEOs who had built and sold their own technology companies.
Q4: What is the size of Corum's database, which was created as part of its new model?
A4: Corum has invested over $50M in its database, which consists of over 11 million entries gathered over decades. The database is supplemented with thirdparty databases and proprietary research centers in the US, Europe, and Asia.
Q5: How does Corum's educational leadership program contribute to building buyer relationships?
A5: Corum's educational leadership program involves attending over 200 Tech M&A events annually, both its own and those it sponsors or supports. These events promote data to over 150,000 contacts in 29 industries and around the globe, building critical relationships with strategic buyers, private equity, and venture capital.
Q6: What is the significance of Corum's database in getting to the right people with their partnering message?
A6: The database is a clear advantage in getting to the right people, as it provides confidential buyer information that each new client stands on the shoulders of every transaction Corum has been involved with. This means that Corum's clients have access to a vast network of potential buyers.
Q7: What is the name of the halfday workshop offered by Corum, which outlines how to prepare, position, research, value, negotiate, and execute due diligence for maximum price and structure?
A7: The halfday workshop is called "Selling Up, Selling Out," which provides participants with a comprehensive guide on how to navigate the Tech M&A process.
Q8: What is Corum's relationship with World Financial Symposiums (WFS), an international organization dedicated to educating technology leaders with a focus on M&A and finance for software and related technology companies?
A8: Corum is a Platinum sponsor of WFS, demonstrating its commitment to providing educational resources and networking opportunities for technology leaders in the industry.