We sat down (virtually) with our new Operations Manager, Quintin. One of our first virtual additions to the company. We find out his background, why he chose a career in Corporate Finance and a bit about what he enjoys doing outside of work.
- What was your background prior to joining Velocity?
I have been in M&A for the past 18 years. My main role was in the capacity of a Senior Project Manager.
- What were your motivations behind choosing a career in Corporate Finance?
I believe Corporate Finance chose me. I stuck with it as I really felt a sense of being humbled each time clients entrusted me to manage the sale process of their business, and being there through that emotional roller coaster ride played to my strengths.
- What does a typical day look like for you?
Covid changed what “typical” looks like for me, but having found my rhythm, I wake up early, I tend to go for a long walk, read while having breakfast, all before beginning my day at work, which is now my home office. After work, my family and I have coffee together and chat about our day, then its usually time to catch up on my medical drama.
- Do you think the world of M&A has changed in some ways due to COVID-19?
M&A has most certainly changed due to Covid. I have seen many “forced entrepreneurships” as people have lost employment and taken the opportunity to start a business, acquire business and some have been forced to realise that life is more than just owning and running a business and decided to sell. It has been a paradigm shift for M&A.
- What do you find are the main obstacles to watch out for that can threaten a deal, prior to closing?
There are two that I can immediately identify. First, when there is no communication. Communication between buyer and seller is critical throughout the lifespan of a deal, but particularly toward closing a deal.
Secondly, my mantra is “time kills deals”. The longer a deal takes to happen the more likely it comes under threat. This is particularly the case during due diligence. If the DD process is not proactively managed to a timeline, the deal is already under threat.
- What is one thing you couldn’t live without, and why?
I don’t think I could live without my ability to read. I love reading.
- We finish the interview, and you step outside the house and find a lottery ticket that ends up winning £10 million. What would you do?
Spend some, save some and give some.
Rapid Fire:
- Summer or winter? Summer
- Favourite sport? Squash
- Given a chance, who would you like to be for a day? Warren Buffet
- Any hidden talents? Sadly, they are even hidden from me