“Stay calm," says the Nashville office managing partner for Burr & Forman. "Understand that the world is not going to end. If you’ve got a deal that you liked in February, the chances of you still liking the deal in April are extremely strong.”
Herndon recently appeared on the new Smart Business Dealmakers podcast. While highlighting issues like access to capital — for deals as well as for startups — and maintaining deal flow in a time of social distancing, he added that the best approach is to keep moving forward.
“If you like the underlying assets from an acquisition or if you are ready to divest yourself of the deal, keep course.”
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