Definitely 'yes'. It comes under the heading of Marketing. A higher profile individual is a 'super communicator', hence a super sales person. He/she can open many new doors for the acquiring company.
Samantha Brown - 2 weeks ago
Healthcare like every other industry gets caught up in the idolatry of the "innovators."
AT - 3 weeks ago
When you have a brilliant and charismatic industry legend/pioneer (Frank Naeymi Rad) as co-founder/CEO that developed a mission-critical need/solution for almost every major EHR with necessary integrated clinical terminology and code mapping, including a monopoly-level market share and no real competition (IMO), it was beyond appealing for a PE firm to make that acquisition for the existing annual revenue with near zero attrition and seemingly limitless white space potential. I know I listed multiple factors, here, but he was undoubtedly a key driving force for the deal.
Discern World - 3 weeks ago
Glenn Tullman
Giovanni Collela
Mike Mikan
Many examples of "cult of personality" CEOs creating worthless companies and bilking billions.
Definitely 'yes'. It comes under the heading of Marketing. A higher profile individual is a 'super communicator', hence a super sales person. He/she can open many new doors for the acquiring company.
Healthcare like every other industry gets caught up in the idolatry of the "innovators."
When you have a brilliant and charismatic industry legend/pioneer (Frank Naeymi Rad) as co-founder/CEO that developed a mission-critical need/solution for almost every major EHR with necessary integrated clinical terminology and code mapping, including a monopoly-level market share and no real competition (IMO), it was beyond appealing for a PE firm to make that acquisition for the existing annual revenue with near zero attrition and seemingly limitless white space potential. I know I listed multiple factors, here, but he was undoubtedly a key driving force for the deal.
Glenn Tullman
Giovanni Collela
Mike Mikan
Many examples of "cult of personality" CEOs creating worthless companies and bilking billions.