February 24, 2025
The secrets of cross-border M&A with Michele Museyri of HSP Group
<p><span style="background-color: transparent;">In this episode, </span><a href="https://www.linkedin.com/in/michele-museyri/" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">Michele Museyri,</a><span style="background-color: transparent;"> Director of M&A and Private Equity at </span><a href="https://www.linkedin.com/company/hsp-group-inc/" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">HSP Group</a><span style="background-color: transparent;">, shares strategies for overcoming the challenges of international carve-outs and acquisitions. She explains common pitfalls, from failing to assess the impact of local laws on expansion to overlooking employee benefits during transitions. Michele also highlights the benefits and limitations of EOR in specific markets, reinforcing the need for thorough research and expertise.</span></p><p><br></p><p><strong style="background-color: transparent;">Key Takeaways:</strong></p><p><br></p><p><span style="background-color: transparent;">(02:19) M&A can be an intentional growth strategy or an unexpected global expansion.</span></p><p><span style="background-color: transparent;">(04:11) EOR is a valuable tool for global expansion.</span></p><p><span style="background-color: transparent;">(05:16) In some countries, EOR is only a temporary solution, as permanent establishment follows different regulations.</span></p><p><span style="background-color: transparent;">(09:22) Tight deal timelines make early planning and research critical for M&A and compliance success.</span></p><p><span style="background-color: transparent;">(11:11) Employee benefits are one of the most overlooked yet essential factors in M&A.</span></p><p><span style="background-color: transparent;">(13:23) Carve-outs often involve employee benefit changes and navigating collective agreements.</span></p><p><span style="background-color: transparent;">(18:00) Sellers may withhold key information, making due diligence even more challenging.</span></p><p><span style="background-color: transparent;">(20:48) Expecting executives to understand every country’s employment laws is unrealistic.</span></p><p><span style="background-color: transparent;">(24:18) Every country has its own carve-out laws, and local regulations can significantly impact operations.</span></p><p><span style="background-color: transparent;">(34:16) </span>Experts in the industry in the country you are expanding to can help with early paperwork or <span style="background-color: transparent;">parallel processes.</span></p><p><span style="background-color: transparent;">(39:00) The outlook for 2025 is optimistic, with growth expected in AI, data centres and life sciences.</span></p><p><br></p><p><br></p><p><strong style="color: rgb(13, 13, 13);"><span class="ql-cursor"></span>Resources Mentioned:</strong></p><p><br></p><p><a href="https://www.linkedin.com/in/michele-museyri/" target="_blank" style="color: rgb(13, 13, 13);">Michele Museyri</a><span style="color: rgb(13, 13, 13);"> -</span></p><p><span style="color: rgb(13, 13, 13);">https://www.linkedin.com/in/michele-museyri/</span></p><p><br></p><p><a href="https://www.linkedin.com/company/hsp-group-inc/" target="_blank" style="color: rgb(13, 13, 13);">HSP Group LinkedIn</a><span style="color: rgb(13, 13, 13);"> -</span></p><p><span style="color: rgb(13, 13, 13);">https://www.linkedin.com/company/hsp-group-inc/</span></p><p><br></p><p><a href="https://hsp.com/" target="_blank" style="color: rgb(13, 13, 13);">HSP Group | Website</a><span style="color: rgb(13, 13, 13);"> -</span></p><p><span style="color: rgb(13, 13, 13);">https://hsp.com/ </span></p><p><br></p><p><a href="https://www.omnipresent.com/products/eor" target="_blank" style="color: rgb(13, 13, 13);">Employer of record (EOR) solutions</a><span style="color: rgb(13, 13, 13);"> -</span></p><p><span style="color: rgb(13, 13, 13);">https://www.omnipresent.com/products/eor</span></p><p><br></p><p><a href="https://www.jstor.org/stable/44862125" target="_blank" style="color: rgb(13, 13, 13);">Works councils and collective bargaining agreements</a><span style="color: rgb(13, 13, 13);"> -</span></p><p><span style="color: rgb(13, 13, 13);">https://www.jstor.org/stable/44862125</span></p><p><br></p><p><br></p><p><br></p><p><span style="background-color: transparent;"><span class="ql-cursor"></span>Thanks for listening to the “Global Workforce Podcast”. If you enjoyed this episode, please leave a 5-star review. And be sure to subscribe so you never miss any insightful conversations.</span></p><p><br></p><p><br></p><p><br></p><p><span style="background-color: transparent;">#WorkforcePodcast #GlobalExpansion #WorkforceCompliance #RemoteWork</span></p>