You don’t have to “go big or go home” to successfully grow your company through M&A. A small, well-executed acquisition that targets a specific need can sometimes be more powerful than a multi-billion dollar consolidation. Let’s take a look at a recent example from the news. Earlier this month, Conagra announced it would acquire Thanasi …
Tag: strategy
What Went Wrong? Turning Acquisition Failure into Success
“We did an acquisition about 15 years ago. It did not go well…I guess you could say we are still ‘recovering,’ the CEO of a family-owned business recently shared with me during a meeting. She went on to explain there were a number of integration issues and other challenges that cropped up post-closing that the …
How to Be Successful in M&A: Think Integration
You’ve developed your strategy, identified the right markets, negotiated with the owner and papered the deal. If you think once you sign on the dotted line your job is done, you are mistaken. The M&A process doesn’t end when the deal closes. M&A is really a journey “from beginning to beginning” where the consummation of …
Strategic vs. Financial Acquisitions – What’s the difference?
I decided to answer a very basic, but important question about M&A, given that we often talk about strategic acquisitions. Q: What’s the difference between a financial and a strategic buyer? A: A financial buyer brings little inherent value to the transaction. Typically they bring capital and capital allocation knowledge, but usually no specific knowledge …
Have Only ONE Reason for an Acquisition
The more reasons you have to buy a company, the less you should want it. This may sound strange. After all, isn’t it best to be efficient and kill two (or more) birds with one stone? Since acquisitions are rather expensive, shouldn’t you get your money’s worth? Endless Possibilities…Zero Results It can be tempting to think …
Is Everyone on the Same Page? Gaining Clarity on Your Company’s Vision for Growth
“We have a strong vision and a clear plan for growing the company in the future,” Sarah, the CEO, told me with complete confidence during a recent strategy session. Her CFO disagreed: “We have no vision.” Various members of her executive team shared similar sentiments privately with my team and me. Many expressed anxiety; they …
’Tis the Season for Strategic Planning (Or Should Be)
Are you unusually busy? If you’re like most people the answer is yes! With the holiday season upon us, we are most of us inundated with commitments to work, family and friends. While it might be easy to get caught up in the bustle of the season, I recommend pausing to plan your growth path …
After the Deal: CEOs Discuss M&A’s Impact on Growth
On our blog we often talk about the strategic rationale of acquisitions and the mechanics of planning and executing M&A. But after an acquisition is completed, how does M&A affect your company and what is it like to run a newly merged entity? As a third party M&A consultant I have learned best practices from …
Getting from A to B – Harness Your Ideas to Grow Your Company
Entrepreneurs rarely face the challenge of having too few ideas. In fact, like most entrepreneurs and business leaders you probably have a multitude of great ideas for growing your own business. Your biggest challenge may be figuring out which of all the alternatives is the best way to get from where you are now to …
If 70% of Acquisitions Fail, Why Even Try?
With a 70% failure rate for acquisitions, it seems like the odds are against you from the beginning. Before you get scared off, however, let’s take a closer look at what that 70% means. The 70% failure rate is mainly based on large, publicly traded transactions because large transactions must be reported to the SEC, …