Management of a merger or acquisition transaction
Merger and acquisition transactions are complex, time consuming, costly and a major strategic move by management. They are often structured by multiple parties with various and competing interests. Each stage in a transaction life cycle requires different skills but it is vital that all stages are glued together by consistency, continuity, discipline and drive.
Often the need for a disciplined approach to mergers and acquisitions is not realised until the transaction begins to fail.
There are multiple parties involved in a transaction
The transaction manager positions themselves as the facilitator working for the vendor, purchaser or both.
The main areas in which Remedy adds value in mergers and acquisitions are:
Management of deal activities
- Establishing and managing an effective governance framework
- Coordination between advisors and
client resources - Leading a stream of work e.g. communications or HR
- Setting and managing the timetable
Transition or integration of
business groups
- Rapid understanding of core business
- Developing and executing the exit/integration strategy
- Instilling project management disciplines
- Implementation of Transitional
Services Agreements
Sale and purchase agreements
- Executing specific clauses
- Ensuring compliance
due diligence advisors transition teams project finance deal team vendor receiver
Advantages of engaging Remedy
- Push, momentum and drive
- Focus - the deal team will have other day-to-day responsibilities
- Experience - proven track record
in execution - Continuity - while negotiations may
be protracted - Risk management - careful and
explicit planning - Knowledge - deals are often considered done but in reality there is much still to be completed
- Impartiality - objective and
process focussed - Quick start-up - it is difficult to gear up internally for one off transactions
- Quick wind-up - completion
or termination