Colin Perry, CEO of Perry Weather, shares the journey of his weather technology business and the challenges he faced in merging meteorology with software. Perry Weather specializes in providing real-time site-specific weather monitoring and alerting solutions for various industries. The company initially started as a weather consulting firm but quickly pivoted to a software-based model. Perry Weather's competitive advantage lies in its combination of state-of-the-art software and hardware. The company has successfully raised institutional capital and recently closed a Series B round with Arthur Ventures. Perry emphasizes the importance of finding a trustworthy partner and conducting thorough due diligence during the fundraising process.

Thomas Dixon, a healthcare M&A advisor, shares his background and experience in the healthcare industry. He discusses the transition from being a buy-side M&A person to working on the sell side, representing healthcare entrepreneurs. He emphasizes the importance of representing the seller's interests and the fulfillment he finds in helping entrepreneurs. Thomas also talks about the current state of the healthcare market, including the record amount of dry powder in healthcare private equity funds and the increasing interest in healthcare investments. He highlights the factors driving investor interest in healthcare, such as the industry's recession resistance and the desire to improve the broken healthcare system. Thomas also provides insights into complex healthcare transactions and offers advice for healthcare business owners considering a liquidity event.

In this podcast episode, Michael interviews Justin Burney, a partner in the corporate securities group at Bradley, about mergers and acquisitions (M&A) transactions. They discuss the overall M&A process, including when to engage in a transaction and the role of a letter of intent (LOI). They also highlight key considerations and pain points in M&A deals, such as financial statement preparation and tax representations. The conversation includes a case study of the MedTherm transaction, where they discuss the negotiation process and due diligence issues. They also touch on estate considerations, the outlook for M&A in 2024, and the local vs national M&A activity.