The Scotsman

Gender bias in M&A sector

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Business Advisor, Claire Trachet, speaks on her experience in the Mergers and Acquisitio­ns sector, having facilitate­d $500m worth of deals in the past three years

I set up the business as a hands-on boutique advisory in 2016 following both a successful career in corporate finance and as an awardwinni­ng entreprene­ur with the mission of helping others accelerate growth.

In the six years since the firm's inception, we’ve now amassed an impressive track-record across a wide array of sectors globally ranging from Cybersecur­ity to other tech heavy sectors. However the road to becoming an establishe­d business came with an array of challenges, especially as a female founded and led advisory in what is predominan­tly male dominated sector - finance.

I began to understand how limited the access to appropriat­e counsel was for many startup founders - especially women - with establishe­d businesses. Since womeneffec­t on mental health, with led businesses have to do 36 per cent of women stating with lesser capital to avoid they often feel tired, helpless, dilution, they hence see their or lonely from the world of growth potential tethered, work due to their workload. which puts the business’ Social models are unforsurvi­val at risk, especially in tunately still significan­tly light of the challengin­g ecobiased against women and nomic climate, which will be minorities. This is reflected an important factor over the in business by lower salanext six months. ries, a slower career path,

The silver lining is that distinct lack of access to women are used to being C-suite or board positions resourcefu­l and doing with and both fewer and smaller less capital, hence are well investment­s received. experience­d for tougher There is no chance of market conditions. This is reaching a more balanced also probably a key reason set of opportunit­ies without why women-led businesses society making conscious generate better return on choices to start with. In spite onvestment over time. of these barriers, women-led

We commission­ed nationbusi­nesses regularly outperal research to highlight the form other businesses. gender inequaliti­es that conI’m not advocating for the tinue to exist throughout the promotion of subpar busiUK’S business arena. Shocknesse­s because they are led ingly, we found 52 per cent by women. It is about giving of all Brits stated they share people a fair shot and ownthe sentiment that women ing the fact that biases run must work twice as hard or deep within businesses and be twice as qualified as men institutio­ns all around the to reach the same objectives world, including tech. in business. Perhaps unsurClair­e Trachet, CEO/

prisingly, this need to work Founder of business advi

harder is having a knock-on sory Trachet

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