M&A activity was on the rise in the first six months of 2014. Global M&A increased 73 percent to $1.77 trillion and Midmarket M&A increased 18 percent to $399.4 billion. Check out our infographic for a snapshot on Global Mergers and Acquisitions in 1H 2014. Click on the image for a closer look. Feature Photo …
Tag: mergers
Beware of the Usual Suspects
“Insanity,” Albert Einstein said, “is doing the same thing over and over again and expecting a different result.” An executive once told me he unsuccessfully had been trying to grow his company through acquisition for the past five years. For one reason or another, the acquisition candidates brought to him weren’t right. Either they didn’t …
Mergers and Acquisitions Reach a 7-Year High
Mergers have hit a seven year high. While deal value is up 73 percent, the number of deals has decreased 0.4 percent, according to Reuters data. This confirms what we’ve been seeing since last year: larger, fewer transactions. With mega deals on the rise, we will likely see more activity in the middle market as …
Top Posts from the First Half of 2014
It’s hard to believe we’re already half way through the year! I’ve had the opportunity to write about a variety of M&A topics from analyzing transactions and trends to developing your acquisition strategy. I’ve compiled a list of the most popular posts from the Successful Acquisitions blog in 2014. I hope you enjoy these posts …
Tyson Foods Wins Fight for Hillshire
Two of the largest chicken producers, Pilgrim’s Pride and Tyson Foods, have been fighting over Hillshire Farms. On Monday, Tyson Foods raised its offer to $63 a share in cash, which values Hillshire at $7.7 billion. Last week, Pilgrim’s Pride had raised its bid 22% to $55 a share; however Pilgrim’s Pride has withdrawn its …
Be the preferred buyer – Have your ducks in a row
Your ability and willingness to close a transaction can help position you as a preferred buyer. Just like in buying a house, sellers look favorably upon buyers for whom financing is not a contingency of closing. If you already have financing secured not only do you have the willingness to close a transaction quickly, you …
Tax Inversions: Foreign Acquisitions for a Lower Tax Rate
As tax day approaches in the U.S. I thought it’d be appropriate to discuss a business tax trend. As you may be with your own return, U.S. corporations are looking for more tax advantages. Many are seeking tax inversions, where they reincorporate in a new country with a lower tax rate as a result of …
Cost Synergies Ill-Suited for Long-Term Growth for Men’s Wearhouse
After battling for six months, Men’s Wearhouse and Jos. A. Bank finally came to an acquisition agreement on March 11 for $1.8 billion, forming the country’s fourth-largest men’s retailer. Men’s Wearhouse expects cost synergies of $100-150 million over the next three years to result from the deal, including the benefit of better purchasing power. While …
Credit Union Trends: Non-Interest Income Infographic
Non-interest income is a hot topic in the credit union industry. Check out Capstone’s infographic on non-interest income below. Click on the image for a closer look. How can you generate more non-interest income? Many credit unions and CUSOs are turning to external growth and mergers and acquisitions to generate more non-interest income. Find …
Finding the Best Acquisition Opportunities
“The best opportunities are the ones we’re pursuing and not the other way around.” This comment in The Wall Street Journal from Smadar Levi, CFO of MyHeritage.com, is one I wholeheartedly agree with. She is quoted in an article about the growing number of startups seeking to be acquired. With fewer financing options available to …
