Merger and Acquisition Strategies

Merger and Acquisition Strategies PDF Author: Angelo Dringoli
Publisher: Edward Elgar Publishing
ISBN: 1786430681
Category : Business & Economics
Languages : en
Pages : 281

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Book Description
The decision to carry out a merger or acquisition is certainly a risky one, not least because of the number of variables influencing the final outcome. It is also a decision frequently based on the wrong objectives and an incorrect evaluation process. With this in mind, this important new book offers solutions for reducing the high percentage of mergers and acquisitions (M&As) that fail. It adopts a normative approach, using theoretical analysis to show what managers could and should do to increase shareholders’ value through successful M&A strategies. It also explores the conditions that are suitable for favouring a certain type of M&A (horizontal, vertical or diversified) over the others. In conclusion, the book presents case studies of successful M&A strategies providing a link between theory and practice.

Merger and Acquisition Strategies

Merger and Acquisition Strategies PDF Author: Angelo Dringoli
Publisher: Edward Elgar Publishing
ISBN: 1786430681
Category : Business & Economics
Languages : en
Pages : 281

Get Book Here

Book Description
The decision to carry out a merger or acquisition is certainly a risky one, not least because of the number of variables influencing the final outcome. It is also a decision frequently based on the wrong objectives and an incorrect evaluation process. With this in mind, this important new book offers solutions for reducing the high percentage of mergers and acquisitions (M&As) that fail. It adopts a normative approach, using theoretical analysis to show what managers could and should do to increase shareholders’ value through successful M&A strategies. It also explores the conditions that are suitable for favouring a certain type of M&A (horizontal, vertical or diversified) over the others. In conclusion, the book presents case studies of successful M&A strategies providing a link between theory and practice.

Mergers and Acquisitions Strategy for Consolidations: Roll Up, Roll Out and Innovate for Superior Growth and Returns

Mergers and Acquisitions Strategy for Consolidations: Roll Up, Roll Out and Innovate for Superior Growth and Returns PDF Author: Norman W. Hoffmann
Publisher: McGraw Hill Professional
ISBN: 0071793437
Category : Business & Economics
Languages : en
Pages : 321

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Book Description
THE NEW M&A STRATEGY FOR LONG-TERM SUCCESS IN TODAY’S VOLATILE MARKETS "Rich in examples and details, well-grounded in wisdom from years of experience, and blessedly practical . . . . engaging, well-written, and loaded with worthy insights. Study this book and prosper." -- DR. ROBERT B RUNER, Dean, University of Virginia’s Darden School of Business, and author of Deals from Hell, The Panic of 1907, and Applied Mergers & Acquisitions. "Drawing on his experience with more than 100 M&A transactions, Hoffmann has written a defi nitive 'how-to' for acquiring companies in the below $50 million sales market space. The examples . . . [offer] astute insight into every feature of the topic." -- DR. NANCY BAGRANOFF, Dean, Robins School of Business of the University of Richmond; President of the American Accounting Association; and coauthor of Core Concepts of Consulting for Accountants and Core Concepts of IT Auditing. "This is a wonderful history with compelling lessons from the great successes of the Trader Publishing and Landmark Communications leadership and business model. The reflection on past deals gone wrong helps the reader understand why you do deals, how to pursue M&A, and what principles you need to be successful." -- MACON B. ROCK, founder and Chairman of Dollar Tree Stores, Inc., and founder and former President of K&K Toys. "A must-read for those who hope to start small and grow big by acquiring, improving, and innovating. Following his rules may not lead you to be part of the 1 percent, but it will certainly keep you from being part of the 70 percent that fail." -- HOWARD S. TEVENSON, Senior Associate Dean, Harvard University; Director of Publishing, Harvard Business Publishing Company board; and author of New Business Ventures and the Entreprenuer, Make Your Own Luck, and Do Lunch or Be Lunch.

Merger and Acquisition Strategies

Merger and Acquisition Strategies PDF Author: Terrence Walis
Publisher: Socialy Press
ISBN: 9781681177533
Category :
Languages : en
Pages : 356

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Book Description
The Business environment has been changed rapidly because of dynamic changes in the global atmosphere. The technological advances have altered the business transactions in current corporations to world level. Every organisation has its vision to become a reputable organisation; along with its vision to maximize market share and future growth. Hence the organisations have to be strong in order to grow in the market. They have also needed precise and specialised information to enter in new markets. Therefore, they have to adopt a distinctive type of strategy to compete in such a dynamic environment. The organisations use Merger and Acquisition (M&A) as an effective approach to cope with the dynamic business environment. This strategy continues to be a highly familiar form of corporate development. In the last decade, M&A has become an impressive activity. Mergers and Acquisitions (M&A) has redefined the corporate managerial environment, evidenced by the ever enhanced competitive edge of professional enterprises on todays market. Merger and acquisition are global phenomena which many organisations employed to grow internally, by expanding its operations both globally and domestically. Merger is different from acquisition. Merger is the combination of two or more businesses that leads to the formation of a new business, but acquisition is the takeover or purchase of one business by other business. This Monograph, Merger and Acquisition Strategies, sheds light on how synergies arise through mergers and acquisitions (M&A). Enterprises go through the process of Mergers and Acquisitions (M&A) with the goal of improving performance, increasing efficiency and obtaining business synergy. Merger and acquisition benefit shareholders when the consolidated post-merger firm is more valuable than the simple sum of the two separate pre-merger firms. Mergers and acquisitions are aimed at achieving cost efficiency through economies of scale, and to diversity and expand on the range of business activities for improved performance. Merger and acquisition is adopted to attain the operating and financial efficiencies. According to the efficiency theory, the main motive of mergers and acquisition is to gain operating and financial synergy. Theories behind M&A have supported the concept that the value of the combined companies may rise after coming together. Mergers and acquisitions improve market efficiency by capturing synergies between firms. But takeovers also impose externalities on the remaining firms in the industry. This book has the importance for the concerned institutions, customers, shareholders, investors, competitors and internal management. The objective of the text is to assess the changes in the financial performance of institution after M&A and give complete information to the organisations about the pros and cons of M&A in the recent competitive business environment.

Automation of Mergers and Acquisitions

Automation of Mergers and Acquisitions PDF Author: Karl Michael Popp
Publisher: BoD – Books on Demand
ISBN: 3750462054
Category : Business & Economics
Languages : en
Pages : 152

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Book Description
The goal of the book is end-to-end automation of M&A processes. With this book, the following tasks can be carried out: 1.Determination of the tasks to be automated: In this book, all tasks in due diligence are described. The tasks relevant for a company can be selected and then automated in a targeted manner. 2.Overview of the automation options for the M&A process: The automatability described for the tasks allow an overview of which tasks in the M&A process can already be automated in which way. 3.Determination of the automation potential of M&A processes: The methodology contained in this book and the details of the tasks and their automatability allow the determination of the digitization potential. 4.Familiarization with M&A processes: In this book all tasks in the Due Diligence phase are documented with their objectives, a description and with questions during the execution. This enables a quick familiarization with the details of the Due Diligence phase.

Mastering the Merger

Mastering the Merger PDF Author: David Harding
Publisher: Harvard Business Press
ISBN: 9781422163405
Category : Business & Economics
Languages : en
Pages : 248

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Book Description
Today's corporate deal makers face a conundrum: Though 70% of major acquisitions fail, it's nearly impossible to build a world-class company without doing deals. In Mastering the Merger, David Harding and Sam Rovit argue that a laserlike focus on just four key imperatives--before executives finalize the deal--can dramatically improve the odds of M&A success. Based on more than 30 years of in-the-trenches work on thousands of deals across a range of industries--and supplemented by extensive Bain & Co. research--Harding and Rovit reveal that the best M&A performers channel their efforts into (1) targeting deals that advance the core business; (2) determining which deals to close and when to walk away; (3) identifying where to integrate--and where not to; and (4) developing contingency plans for when deals inevitably stray. Top deal makers also favor a succession of smaller deals over complex "megamergers"--and essentially institutionalize a success formula over time. Helping executives zero in on what matters most in the complex world of M&A, Mastering the Merger offers a blueprint for the decisions and strategies that will beat the odds.

The Synergy Solution

The Synergy Solution PDF Author: Mark Sirower
Publisher: Harvard Business Press
ISBN: 164782043X
Category : Business & Economics
Languages : en
Pages : 238

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Book Description
The new M&A bible. Few actions can change the value of a company—and its competitive future—as quickly and dramatically as an acquisition. Yet most companies fail to create shareholder value from these deals, and in many cases they destroy it. It doesn't have to be this way. In The Synergy Solution, Deloitte's Mark Sirower and Jeff Weirens show acquirers how to develop and execute an M&A strategy—end to end—that not only avoids the pitfalls that so many companies fall into but also creates real, long-term shareholder value. This strategy includes how to: Become a prepared "always on" acquirer Test the investment thesis and DCF valuation of a deal Plan for a successful Announcement Day, and properly communicate synergy promises to investors and other stakeholders Realize those promised synergies through integration planning and post-close execution Manage change and build a new, combined organization Sirower and Weirens provide invaluable background to those considering M&A, laying out the issues they have to consider, how to analyze them, and how to plan and execute the deal effectively. They also show those who have already started the process of M&A how to maximize their chances of success. There's an art and a science to getting mergers and acquisitions right, and this powerful book provides the insights and strategies acquirers need to find success at every stage of an often complex and perilous process.

Business Merger and Acquisition Strategies

Business Merger and Acquisition Strategies PDF Author: John J. Clark
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 248

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Book Description


Anatomy of a Merger

Anatomy of a Merger PDF Author: James C. Freund
Publisher: Law Journal Press
ISBN: 9781588520005
Category : Business & Economics
Languages : en
Pages : 620

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Book Description
Anatomy of a Merger is a guide to handling a corporate acquisition negotiation successfully. Topics include the basic acquisition agreement; bargaining techniques applicable to substantive issues, and more.

Winning at Mergers and Acquisitions

Winning at Mergers and Acquisitions PDF Author: Mark N. Clemente
Publisher: Wiley
ISBN: 9780471190561
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
A comprehensive new framework for winning at Mfrom up-front planning to postmerger integration The challenges of mergers and acquisitions can be daunting-but the opportunities and benefits they offer forward-thinking companies can be tremendous. Winning at Mergers and Acquisitions offers a critical new approach to strategic M&A based on the authors' pioneering concept of marketing due diligenceSM. Covering every stage of market-driven M&A planning and integration, this book shows how to look beyond the quick hit to focus on long-term growth rather than short-term cost-cutting. Featuring dozens of real-life case studies-including both failures and extraordinary successes-plus inside comments from leading M&A specialists, this book contains crucial guidance on: * Predeal planning-how to identify your strategic needs and pinpoint the merger candidate(s) that will help you meet them * Sizing up targets for acquisition-how to examine the essential marketing, sales, and product issues that will determine a good company "fit,".strategically and culturally * Revenue enhancement planning-how to identify ways to drive top-line growth and develop action plans to generate near- and long-term revenues * Filling the pipeline-how to prioritize and actualize the critical steps necessary to drive shareholder value * Developing communication programs-how to design and execute communication strategies to garner support for the merger by employees, customers, and other stakeholders * Building a comprehensive postmerger integration plan-how to align diverse corporate cultures, develop training and reward programs, and move beyond the turf wars and lack of productivity that hamper the success of mergers and acquisitions. Last year more than 7,000 mergers and acquisitions were completed, with a collective price tag estimated at more than $800 billion. And although they are known as highly effective means of achieving corporate growth and strategic advantage, these transactions are fraught with pitfalls: Statistics indicate that a third of these deals will fail and another third will not bear out the expectations of the merger partners. What can businesses looking to undertake strategic mergers and acquisitions do to ensure that they do not fall victim to confusion, multimillion-dollar losses, declining market share and profits, or any number of other negative results of failed transactions? The answers are in Winning at Mergers and Acquisitions, a pioneering step-by-step guide to growth-driven planning and swift, effective post-merger integration. Challenging the conventional emphasis on cost-reduction synergies, this book presents the authors' groundbreaking blueprint for mergers that yield strategic synergies and high returns in meeting long-term growth, increased market share, and revenue generation objectives. Mark Clemente and David Greenspan explore in detail the marketing, sales, and organizational issues that are vital aspects of successful M&A ventures. They take executives through the entire strategic M&A process-from setting objectives, to evaluating target companies, to aligning corporate cultures in an effort to ensure problem-free integration. They show how to maintain a sharp focus on the markets that will be reached by the merger-and they offer invaluable advice on charting a steady course through the often tumultuous period of integration, when organizational chaos can cause the merged company to lose momentum, market share, and the backing of customers, prospects, and shareholders. Winning at Mergers and Acquisitions is essential reading for CEOs, managers, deal makers, and others looking to capitalize on one of the most important methods of effecting corporate growth in business today-while staying focused on the people, product, and process issues that power that growth.

Mergers and Acquisitions

Mergers and Acquisitions PDF Author: Amy L. Pablo
Publisher: John Wiley & Sons
ISBN: 1405142375
Category : Business & Economics
Languages : en
Pages : 288

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Book Description
This book reviews both successful and unsuccessful mergers andacquisitions, exploring the reasons why so many fail to live up toexpectations. An exploration of why mergers and acquisitions succeed or fail,based on rigorous scholarly research. Stretches the boundaries of what we know about these complexphenomena. Presents original ideas about the merger and acquisitionstrategy, the effects of mergers and acquisitions on performance,and the critical processes involved in implementation andintegration. Explores new areas, such as the role of culture and leadership,and the importance of knowledge transfer and learning. Includes contributions from both highly respected scholars andup-and-coming stars in the field.