Mergers And Acquisitions Advisory
M&A Advisory Services
A vibrant and growing business often faces the issues of mergers and acquisitions. You may have identified another company you want to merge with, or you may have been approached by a company that wants to acquire your organization.
It's an exciting time ... but it's also a time to remain analytical and ask yourself some very important questions. Among them:
A merger or acquisition should never be made just for the sake of growth. When two companies join forces, they should combine in a way that takes both to greater heights for sound business reasons. By combining their skills, products and services, they should be able to better serve their combined clientele.
Who does what?
Each company has its own unique culture and way of getting things done. The owner of one company might feel the need to handle most important tasks himself, while the owner of the other company might manage by delegation. Those cultures don't mesh well, and the culture shock can have a profound effect on the success or failure of the merged company.
Are the technologies compatible?
Mergers can easily succeed or fail based on the answers to critical technology questions. For example: What data storage programs do the firms use? Do they use the same email programs? How might the websites be merged? Is there a certain customer relationship management software in place? How easy is it going to be to combine databases into one system? The tiniest technology details often result in huge issues when digital systems are merged.
But that's just the beginning.
These are only a few of the issues to consider when facing a merger or acquisition situation. Others include intellectual property, accounting systems, short-term and long-term business goals and overall business culture.
LBA Haynes Strand has worked with many companies over the years to provide services that facilitate successful mergers and acquisitions. If a merger or acquisition is in your immediate business future, set up a no-cost consultation to discuss your business needs. We'll help you grow the right way.