Buffalo-based Michelle Bonn on buying a new business during pandemic
While M&A the world over was drying up this spring, Michelle Bonn was pulling the trigger on a deal years in the making.
Bonn, based in Buffalo, founded Guideline Medical 12 years ago as a consultant for medical-device and pharmaceutical companies navigating regulatory approval processes.
Several years ago, she realized the pathway to significant growth laid in expanding her offerings.
But instead of diluting her ownership stake by taking on investments, Bonn decided to do it on her own and spent several years building a cash position to do just that. [Read Full Article]