Deal or No Deal
By Jim Jeffries, Chairman of the M&A Leadership Council
Often the best deals are those we never do. Today, many members of the M&A community appear to have misunderstandings about the real purpose of due diligence.
Our Partner BDO Holds Important Webinar
By M&A Leadership Council
Get to Know Your Target via the Science of Due Diligence
By Jim Jeffries, Chairman of the M&A Leadership Council
As my good friend and co-founder of the M&A Leadership Council, Jack Prouty, says: “Due Diligence for the purchase of a company is much like the activities one undertakes when buying a home.” Simplistic?
What You Need to Know About SaaS Due Diligence
Submitted by Tom Allen of Midaxo, an M&A Leadership Council partner organization
Slack is worth over $5 billion. Shopify, $10 billion. LinkedIn was acquired for $26 billion and Salesforce is nearing $100 billion in market cap.
The shared trait among these tech stars: a SaaS (software as a service) business model. Unlike physical inventory and brick and mortar governed growth, cloud- based software has created a rapid and profitable way for a company to scale.
BDO HORIZONS 2018 - Issue 2
Submitted by BDO, a partner of M&A Leadership Council
SInce 2015, BDO's M&A professionals have provided clients with quarterly analysis of all the latest developments in the global M&A mid-market in our HORIZONS magazine. By analyzing what lies ahead, we help clients make key strategic decisions on possible business developments. Based on the knowledge, in 2017 BDO supported clients across the globe in over 1,200 transactions.
A First Step in M&A's: Know Thyself!
by Jack Prouty, President of M&A Leadership Council
In both The Art of M&A Due Diligence and The Art of M&A Integration, we tell our attendees, “If you are going to take on acquisitions—especially if you are a serial acquirer—you must first be internally ready.” Since many of them are strategic buyers, we ask them to consider how an acquisition complements their existing business and supports their growth strategy. We recommend a number of preparations your business needs for M&A success, and these need to be done beforehand, not when you are face-to-face with the diligence effort.
Michael Williams of BDO sat down with us to discuss income tax basics; highlights of tax changes and how they affect domestic and cross-border deals; and best practices to address some of the changes. Watch the full webinar, above.
As the recent WannaCry and Petya cyber-attacks have demonstrated, cyber risk continues to pose a significant threat to organizations across the globe. Cybersecurity is a critical business function, yet, paradoxically, cyber risk is often insufficiently examined – or even overlooked – during the merger and acquisition (M&A) due diligence process. This often results in the acquiring company unwittingly assuming risk and placing assets in jeopardy.
A Checklist for a Smoother Transition to Integration
By Jim Jeffries
Too often companies under-perform their responsibilities for what the deal requires before passing the baton to the Integration team. Due Diligence is not just about numbers and validating the correctness and completeness of...
In estimating and planning for a divestiture, it is necessary to gather key data about the business to be carved out, to understand the scope and complexity of the carve-out, develop a sound Transition Services Agreement (TSA), and provide an estimate of the cost of the carve-out. But it can be difficult to collect data for a possible divestiture while under a Non-Disclosure Agreement (NDA), and trying to minimize the number of people under an NDA.