Clarivate: CPA Global Acquisition & Integration
Former Managing Director at CPA Global
inpractise.com/articles/clarivate-cpa-global-acquisition-and-integration
Former Managing Director at CPA Global
Interview Transcript
This is a snippet of the transcript, sign up to read more.
Do you believe that both CPA and Clarivate management viewed these software products more as tools for customer retention rather than standalone products deserving of investment?
The fundamental issue was that there were three parts to Clarivate. The original CPA, and what was previously the Clarivate part. Those two businesses had shared customers with different products that led to the illusion that there were cross-selling opportunities.
This is a snippet of the transcript, sign up to read more.
Do you believe that both CPA and Clarivate management viewed these software products more as tools for customer retention rather than standalone products deserving of investment?
I say illusion because, unlike the previous board, there was a good argument to be made that having software and renewals with a single provider was safer, leading to constant cross-selling.
This is a snippet of the transcript, sign up to read more.
You wanted to discuss the synergies and the $70 million. Could you talk a bit about whether that target was achieved during your time, the difficulties in achieving it, or any other relevant points?
There was indeed a clear plan, primarily focused on cost reductions, which were implemented, particularly in the US company. However, the way it was executed damaged the businesses and lost some initial credibility, even though the cost savings were delivered as promised.
This is a snippet of the transcript, sign up to read more.
Related Content
Copyright Notice
This document may not be reproduced, distributed, or transmitted in any form or by any means including resale of any part, unauthorised distribution to a third party or other electronic methods, without the prior written permission of IP 1 Ltd.
IP 1 Ltd, trading as In Practise (herein referred to as "IP") is a company registered in England and Wales and is not a registered investment advisor or broker-dealer, and is not licensed nor qualified to provide investment advice.
In Practise reserves all copyright, intellectual and other property rights in the Content. The information published in this transcript (“Content”) is for information purposes only and should not be used as the sole basis for making any investment decision. Information provided by IP is to be used as an educational tool and nothing in this Content shall be construed as an offer, recommendation or solicitation regarding any financial product, service or management of investments or securities. The views of the executive expressed in the Content are those of the expert and they are not endorsed by, nor do they represent the opinion of In Practise. In Practise makes no representations and accepts no liability for the Content or for any errors, omissions, or inaccuracies will in no way be held liable for any potential or actual violations of laws, including without limitation any securities laws, based on Information sent to you by In Practise.
© 2024 IP 1 Ltd. All rights reserved.