Liquid Change - A New Mindset and Approach
by Tyler Durham, Partner & Managing Director, Ketchum Change
The world needs a fresh approach for leading change, shaping culture and communicating effectively. New technologies, new generations, new markets, new competitive threats and entire new ways of work demand new solutions. We call this new mindset and approach Liquid Changesm – a critical strategy to help leaders, teams and organizations thrive in a world of constant, fluid change.
PART II: Finding and Capturing Value in Consolidating Industries
by Ken Smith, Author and Strategy Consultant
In Part I (M&A Monthly / February 2015) we outlined the reasons why industries consolidate, the drivers of consolidation and how winners can anticipate and lead consolidation. Part II examines the specific sources of value, why value so often transfers to the seller, and how to capture value as a buyer.
3 Important Insights from Crowe Horwath's Valuation Services Leader
Contributed by Crowe Horwath LLP
Companies looking to seize opportunities in the booming mergers and acquisitions (M&A) market need to be fully prepared to face the rigors of the valuation process. Crowe Horwath LLP Valuation Services Leader Mary Ann Travers recently sat down with The Deal to discuss how organizations of different sizes are preparing for valuations and to offer insights on:
Seeking to Fill M&A Positions
The M&A Leadership Council is routinely asked to refer experienced independent or boutique consultants and project contractors for a variety of general M&A, due diligence and integration assignments. Typical assignments are with Fortune 500 or upper mid-market acquirers with active or pending opportunities. Currently, the following prospective, project-based opportunities are being sourced.
Does Your Organization Have the Knowledge, Experience and Tools for Speed, Synergies and Stability?
by Jim Jeffries, Chairman, M&A Leadership Council
The model below, provided by M&A Partners (one of the professional services companies in the M&A Leadership Council), is a great way to graphically display the overarching requirements for successful M&A Integration. This is one of the models we provide to our attendees at our events and I believe it should be considered by everyone in M&A for its simplicity and completeness.
PART I: Capturing the Value in Cost Synergies
by Ken Smith, Author and Strategy Consultant
Corporate Strategy- Many industries undergo periods of consolidation, in which some companies identify opportunity to achieve competitive advantage through increased scale or scope, and others must follow in order to remain competitive. The opportunities are often triggered by changes in the market related to technology, globalization, or regulation that make larger scale or scope possible or more important.
Why Financial Due Diligence Can Save Your Acquisition
by Adam Haberman, CPA, Crowe Horwath
Where does success in an acquisition begin? Most of us know that we must “do our due diligence,” but what does that really mean? Many acquisitions are priced based upon a multiple of pro forma earnings before interest, taxes, depreciation, and amortization (“EBITDA.”). Multiples are often market-driven and can be affected by numerous factors.