Capturing Value In M&A

This year has seen a resurgence in deal–making activity around the world. This resurgence is being fueled by cheap debt, increased boardroom confidence and the return of growth after the 2008 financial crisis. With this growth in activity comes increased pressure to ensure that the deals completed generate the maximum value as competition and pricing are running high. With the question of what separates the deals that capture value to the deals that do not, Crowe Horwath LLP and Mergermarket teamed to develop a recent study in which corporate deal-makers divulged important differences between successful and unsuccessful transactions – Steering Successful Growth: Value Capture in M&A (the Report). The partners interviewed over 100 corporate executives about their most recent deal activity – looking at what the acquiring companies set out to achieve, the processes they used, and whether they deemed the deals successful or not in terms of capturing value.