Consolidator panel: 'The reality is small firms could be driven out'

Speaking on a panel at NextWealth Live yesterday (19 March), Progeny UK managing director Caroline Hawkesley, 7IM chief executive (CEO) Dean Proctor, and Atomos CEO Joanathan Polin shared their thoughts on the current consolidation market. Hawkesley noted that Progeny fully integrates any business that it acquires, which can be difficult due to aligning values. "It is challenging but is incredibly rewarding," she said. "Bringing people on that journey is the most difficult thing." It is about taking the good parts of each firm you acquire, Hawkesley added. "You should buy a busi...