Description
The new M&A bible.
Few actions can change the value of a company--and its competitive future--as quickly and dramatically as an acquisition. Yet most companies fail to create shareholder value from these deals, and in many cases they destroy it. It doesn't have to be this way.
In The Synergy Solution, Deloitte's Mark Sirower and Jeff Weirens show acquirers how to develop and execute an M&A strategy--end to end--that not only avoids the pitfalls that so many companies fall into but also creates real, long-term shareholder value. This strategy includes how to:
- Become a prepared "always on" acquirer
- Test the investment thesis and DCF valuation of a deal
- Plan for a successful Announcement Day, and properly communicate synergy promises to investors and other stakeholders
- Realize those promised synergies through integration planning and post-close execution
- Manage change and build a new, combined organization
Sirower and Weirens provide invaluable background to those considering M&A, laying out the issues they have to consider, how to analyze them, and how to plan and execute the deal effectively. They also show those who have already started the process of M&A how to maximize their chances of success.
There's an art and a science to getting mergers and acquisitions right, and this powerful book provides the insights and strategies acquirers need to find success at every stage of an often complex and perilous process.
Author: Mark Sirower, Jeff Weirens
Publisher: Harvard Business Review Press
Published: 03/15/2022
Pages: 416
Binding Type: Hardcover
Weight: 1.45lbs
Size: 9.40h x 6.30w x 1.50d
ISBN13: 9781647820428
ISBN10: 1647820421
BISAC Categories:
- Business & Economics | Mergers & Acquisitions
- Business & Economics | Strategic Planning
- Business & Economics | Corporate Finance | Valuation
About the Author
Mark Sirower is a US leader in Deloitte's M&A and Restructuring practice, which he joined in 2008 to launch the M&A Strategy practice. Sirower has advised senior executive teams on hundreds of transactions over the past twenty-five years. Previously, he built the Transaction Services Strategy Group at PricewaterhouseCoopers and was global leader of the M&A practice at the Boston Consulting Group in New York, where he developed the BCG corporate development framework and innovative approaches to crafting and executing M&A strategy. Before joining BCG, he taught Mergers and Acquisitions at the Wharton School. He is the author of the M&A bestseller, The Synergy Trap.
Jeff Weirens is the Leader of Deloitte's Global Financial Advisory Business and serves on Deloitte's Global Executive Committee. For more than twenty-five years, Weirens has advised clients on several of the world's most iconic acquisitions and divestitures. He has served in multiple leadership roles, including Deloitte Consulting's Management Committee, the Energy, Resources, and Industrials practice, and the Mergers, Acquisitions & Restructuring practice. He is a trusted adviser to senior client executive teams and boards of directors, has advised on hundreds of acquisitions, divestitures, and transformations, and is an expert on postmerger integration and divestitures.
You can find the authors on LinkedIn.