00:00Hi, I'm Kurt Jacobs, the editor of Midlands Business Insider, and we've just done a round
00:15table where I brought together a dozen of leading dealmakers from across the Midlands
00:19to look at the impact that artificial intelligence and data are having on mergers and acquisitions.
00:26It's been a fascinating discussion. We've looked at the issues such as the immediate
00:30benefits that AI is going to bring, the benefits it's going to bring to customers and clients
00:36like you, and also how the sector needs to skill up to really get the best out of this
00:42technology. Let's speak to some of the participants.
00:46My name is Jeroen Krijthof, CEO and founder of Virtual Vaults. We just had a remarkable
00:50round table session about dealmaking in the future, and it's all about vision, using the
00:55right tools, combine it with the right virtual data rooms, and you take it from there. Look
00:59at your processes, do a little scoping, and then a proof of concept.
01:05Hi, I'm Geraint Regan. I'm from Breeze Corporate Finance. When it comes to technology, and
01:10in particular AI, we are seeing some effect of that in M&A transactions to date, but I
01:15think over the next few years, it's going to have a huge impact on the whole M&A industry,
01:20whether it be from sourcing deals to actually executing deals, and I think particularly
01:25in terms of taking things to that next stage in terms of that predictive analytics and
01:30working through things such as integration and execution, etc.
01:34I'm Amanda Betts. I'm from ProVantage Corporate Finance, and the impact on the AI is having
01:39on dealmaking is giving us access to a wider range of buyers for our clients in a more
01:45efficient way.
01:47Emmett Keating from Headpoint Advisors. I think that we see a lot of impact of AI and
01:52digital tech stack on making our deals more efficient lately. We're continually evaluating
01:59the tools we use, and I think we see quite a lot of improvement in the initial phases.
02:04The market research, the market mapping, the identifying of comparable deals is all super
02:09quick, and getting our team up to speed on that has been a real benefit in recent years.
02:16Harry Walker from DiveScope of Watts. I think the biggest impact we're seeing from digital
02:21technology on dealmaking at the moment is around AI, in particular around research,
02:27buyers, and market mapping. The best thing we've found is actually for international
02:32buyers. AI can cut through international languages in a way that we can't as conventional
02:38researchers, so that's where we're seeing the most help at the moment.
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