A panel at the IE Search Funds Summit 2025 on what actually happens after the deal closes — the transition with former owners, the first hundred days, and the governance that has to be built from nothing.
Participating in the Search Funds Summit 2025 at IE University was a genuine pleasure. Javier Puig had the honour of joining a panel — Post-acquisition: where reality begins — with the entrepreneurs and CEOs Jacobo Vera Artazcoz and Álvaro de Rivera López de Letona, alongside the legal expert Enrique Chamorro. The discussion was moderated by Sébastien Chartier.
The conversation went straight to the heart of what happens after a company is acquired: navigating the transition with previous owners, building trust with teams, strengthening governance, driving strategic pivots, and laying the groundwork for scalable growth.
What made the session useful was the willingness of the panel to talk about the parts that do not appear in a PPM. The search phase is well documented and heavily benchmarked. The first year of ownership is not, and it is where the variance in outcomes actually sits. These shared experiences offered valuable insight into the realities of the first hundred days and the lessons learned along the way.
The full one-hour segment runs from 3:10:17 to 4:08:00 in the recording of Day 1.