Companies are rethinking what should get done during due diligence and who should do it. In the past it was too often viewed as a discrete function separate from integration and best left to the financial, legal and other specialists to evaluate the target business on a stand-alone basis. Their focus was on addressing such issues as: Are assets overstated or liabilities understated? What is the proper valuation for the target company? How do we want to structure the deal from a tax and legal perspective?
M&A Blog and News
The Technology, Media and Telecommunications (TMT) M&A landscape is booming this year.
Mergermarket has just released its global TMT Trend Report for Q1-Q3 of 2013.
Please see the full report HERE.
Some highlights include:
Companies, their customers, and their stakeholders cannot and will not tolerate an integration time frame of more than 12 months, period. If you can’t integrate in 12 months or less, forget it! Many companies consistently operate in the intuitive mode of “don’t rock the boat”, “let’s take our time with this and give the organization time to adjust,” “let’s get
Sleep to Succeed…..What? That’s right, the evidence is in and all of us “Type A’s” or wannabees need to get at least one more hour of sleep each night to improve our effectiveness over time. I know what you’re thinking -- “how can a person in M&A who is expected to put in 18-hour days running around with their hair on fire supposed to take sleep seriously?” After all, we have come to worship the overachiever… not the sleeper.
by Mark Herndon, President of M&A Partners
Are You Getting Better at M&A?
To be successful in acquisitions and integrations, we strongly recommend that organisations focus on some key numbers. The first number to focus on is ‘70’, as in the Rule of 70/70. Up to 70 percent of acquisitions fail to increase shareholder value and 70 percent of the reason for this has to do with what acquirers do (or do not do) in the integration planning and execution phase.
Sleep to succeed…..What? That’s right, the evidence is in and all of us “Type A’s” or wannabees need to get at least one more hour of sleep each night to improve our effectiveness over time. I know what you’re thinking -- “how can a person in M&A who is expected to put in 18-hour days running around with their hair on fire supposed to take sleep seriously?” After all, we have come to worship the overachiever… not the sleeper.
Is email dead? Not even close. It continues to be a common ground for organizations to facilitate communication, make decisions, and in the Microsoft Office world, schedule meetings with one another. The integration of an acquired company’s e-mail is (….usually) standard operating procedure.