A few handy hints below on what to avoid when doing a deal. I particularly like the part about synergies. They often look great on paper but unless focus can be brought to bear in quite short order post deal they can often be ignored meaning that some of the rationale for the original acquisition is lost. And no - I do not just mean reducing headcount!
Mergers and acquisitions have been on overdrive for more than a year. Every company wants to grow, and M&A is traditionally seen as one of the key drivers for growth. Making it happen, however, can be challenging. After studying M&A for decades, and working with a variety of companies on their growth strategies, I’ve seen firsthand some of the best, and worst. Here are some of the most common mistakes companies make in the takeover game, and what they can do to get it right.