Mario Martinez Jr – Mergers and Acquisitions: Do Your Due Diligence First

<p><a href="https://www.linkedin.com/in/mthreejr/" rel="noopener noreferrer" target="_blank"><strong>Mario Martinez Jr</strong></a> is the CEO and Founder of<a href="https://vengreso.com/" rel="noopener noreferrer" target="_blank"> Vengreso</a>. He spent 86 consecutive quarters in B2B Sales and Leadership. He is one of 20 sales influencers invited to appear in the Salesforce.com documentary film “The Story of Sales” launched in 2018 and was named 2019’s Top 10 Sales Influencers by The Modern Sales Magazine. Mario is the host of the popular<a href="https://vengreso.com/modern-selling-podcast" rel="noopener noreferrer" target="_blank"> Modern Selling Podcast</a>.</p><p>&nbsp;</p><p class="ql-align-center"><strong>“We always say invest in people, and that is true 100%. But you also need to know when it’s time to not invest in a person.”</strong></p><p class="ql-align-center">Mario Martinez Jr</p><p>&nbsp;</p><h2><strong>Worst investment ever</strong></h2><p>When Mario formed Vengreso, he started looking at how he could bridge together the world’s largest modern sales training company by amassing multiple companies underneath one corporate structure through a<a href="https://myworstinvestmentever.com/ep133-andrew-shehttps:/myworstinvestmentever.com/ep133-andrew-sherman-mistakes-to-avoid-when-selling-your-business/" rel="noopener noreferrer" target="_blank"> mergers and acquisitions strategy</a>.</p><p>Mario pitched 14 different business leaders. He ended up getting ten partners that all said yes to his idea. Two, however, literally dropped out the day before they signed all the paperwork.</p><h3><strong>The big mergers and acquisitions idea</strong></h3><p>Mario’s idea was to have a private equity roll-up where you bring all the companies underneath one corporate entity. Everybody’s assets, IP information, and revenue are all rolled up into one centralized structure. And that is what he did.</p><p>Mario and the eight partners created a large entity with a lot of reach and brand equity. It went on to take the market b