Silicon Valley Tools & Technology arrives in the Lower Middle Market - a Conversation with Vinay Bachireddy

Episode 4 June 06, 2022 00:43:59
Silicon Valley Tools & Technology arrives in the Lower Middle Market - a Conversation with Vinay Bachireddy
Masters in Small Business M&A
Silicon Valley Tools & Technology arrives in the Lower Middle Market - a Conversation with Vinay Bachireddy

Jun 06 2022 | 00:43:59

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Show Notes

Joining me for this episode is Vinay Bachireddy, Managing Partner at Weave Growth Partners. Weave is pioneering a technology-led approach to operational transformation of lower middle-market businesses.

Weave is a private investment firm based in Silicon Valley. As experienced investors, entrepreneurs and operators, they partner with management teams to create long-term value and bring technology expertise to their portfolio companies. They bring a technology-enabled playbook of analytics and automation commonly used in high-growth Silicon Valley startups to potential portfolio companies.

Join us for a discussion on how Weave approaches companies, their sensitivity to maintaining company culture, and the steps they take to acquire investment portfolio companies and implement new tech.  From discussing tech as early as the pre-offer stage to working through digitization, analytics, and finally automation, Weave’s style and approach may be heralding the “new generation” that will help change the perception of private equity investors.

This podcast is brought to you by Axial, (www.axial.net), a trusted online platform for business owners & their M&A advisors to use to safely and intelligently explore and execute capital raises, acquisitions, and exits with strategic buyers or professional financial sponsors. I am your host, Peter Lehrman, Founder and CEO of Axial. In every episode, we will explore the vast world of small business M&A. We will interview both the proven and emerging owners, operators, investors, and advisors whose strategies and methods have been put to the test. 

If you have enjoyed this episode, check out Axial.com for more.  There are recorded Axial member roundtables, downloadable tools for dealmakers, quarterly lead-table rankings, and lots of other useful information. To join Axial as an acquirer, an owner considering an exit, or as a sales-side M&A advisor, you can get started for free at Axial.com.  Feel free to reach out to me directly at [email protected] with questions, suggestions, or show topic ideas.

Discussion points:

  1. Digitization
  2. Analytics
  3. Automation
What tasks are being technified in your RCM business? Using tech to analyze and prevent workers comp claims, and customer exits Are companies with higher-tech levels a poor target for Weave? Where do you start the conversations around tech? Weave is very sensitive to not taking over critical functions, not adding headcount, not forcing culture change overnight Is this the way the ‘new generation’ of private equity is changing? More sensitivity? Covid has totally changed business owner’s reaction to new tech- they embrace it The partners at Weave are most excited about AI and Blockchain tech for the future

Resources:

Vinay Bachireddy LinkedIn

Weave Growth Partners

Peter Lehrman LinkedIn

Axial Website 

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