How leading companies get a head start on synergies before Day 1

How leading companies get a head start on synergies before Day 1
By Mr. Aasheesh Mittal & Mr. Jeff Rudnicki & Mr. Stephen Santulli

With acquirers paying an average premium of 40% over targets’ market value, delivering on promised synergies is critical to the success of most mergers. And because external spending so often represents the largest share of a company’s costs, the procurement function is typically the single largest source for potential synergies.

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The recent resurgence of special purpose acquisition companies

The Recent Resurgence of Special Purpose Acquisition Companies
By James Inness, Esq. & Anna Ngo, Esq.

Special purpose acquisition companies, or SPACs, also referred to as “blank check” companies or “cash shells,” are companies that are incorporated for the purpose of making one or more strategic acquisitions.  Each SPAC has its own investment criteria and focus, such as a specific industry.

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Trends in Partial and Step Acquisitions

Trends in Partial and Step Acquisitions
By Mr. Jason Muraco & Mr. John Durbin

This paper reviews relevant accounting implications and domestic transaction trends over the past 10 years involving partial and step acquisitions. Partial acquisitions, where less than 100% of a target entity is acquired, are one avenue to mitigate the risk of failure in M&A transactions.

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Flight risk in M&A | M&A Conference at Wharton San Francisco

By Mr. Jeff Cox & Mr. Todd Manley & Ms. Natalia Carvajal & Mr. James Harris

This session from Transaction Advisors San Francisco M&A Conference reviewed strategies that may be employed to retain the acquired team including the structure of financial incentives and retention agreements for key executives.  

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