M&A Blog and News
Forward by Jack Prouty, President of the M&A Leadership Council
By Jack Prouty
President, M&A Leadership Council
I am a simple guy and I just don’t get it. I would appreciate someone explaining this to me: “Why is it a company spends $50 million, $100 million or more to install an ERP system, which will make them industry-average? Yet, when it comes to an acquisition which may re-position them in the industry and create competitive differentiation or even swallow their competition, they don’t properly invest in the integration effort itself (appropriate resources, competencies and expertise)?”
Some Interesting M&A Data Uncovered by Mergermarket
Mergers and acquisitions are peculiar events. Unfortunately, unlike other major organizational transitions, for many companies most planning for M&A occurs after the initial announcement. For example, when announcing an internal reorganization or new product launch, leadership is equipped with all the details and has a lot to communicate to employees—who will be affected, when changes will occur, and how they will be implemented. In some instances of M&A, by contrast, the due diligence, transition planning,
While holding a variety of M&A workshops over the past three years, we’ve welcomed a host of delightful, fascinating and intriguing people from around the world. So who attends our events? And why?
I’ve met more than 500 executives with varying M&A positions, and they’ve come in all shapes, sizes and responsibilities, craving to know more about creating value when acquiring other companies:
In our popular public workshop, The Art of M&A Integration, over fifty percent (50%) of the attendees state that their company is either doing or intends to do a cross-border transaction within the next year. While all M&As present challenges, when you start acquiring companies based in other countries or operating across multiple countries the issues and challenges become even more complex.
We heartily invite all Art of M&A workshop alumni join the new “Art of M&A” Group on LinkedIn!
We just started the group and it has over 80 members already. As an alum, you should have received an invitation though LinkedIn – please accept.
This is an EXCLUSIVE group for the 500 alumni from our workshops. “The Art of M&A” on LinkedIn is becoming the home base for our alumni to network with their peers as well as learn from workshop leaders.
By Ellen Owens,
Director of Global M&A Integrations for Avnet
In July, 2012, Avnet, Inc., a Fortune 500 company and one of the largest distributors of electronic components and computer products with global headquarters in Phoenix, Arizona, hired me to assist in the research, design, and deployment of a disciplined and standardized global M&A and Integration process.