Post Merger Integration: Hard Data, Hard Truths
issue 6
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2 010
Complimentary article reprint
Post Merger integration: Hard Data, Hard Truths
By johanneS gerdS and freddy Strottmann with PakShalika jayaPrakaSh > illuStration By VinCe mCindoe
This publication contains general information only, and none of Deloitte Touche Tohmatsu, its member firms, or its and their affiliates are, by means of this publication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services. This publication is not a substitute for such professional advice or services, nor should it be used as a basis for any decision or action that may affect your finances or your business. Before making any decision or taking any action that may affect your finances or your business, you should consult a qualified professional adviser. None of Deloitte Touche Tohmatsu, its member firms, or its and their respective affiliates shall be responsible for any loss whatsoever sustained by any person who relies on this publication. About Deloitte Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu and its member firms. Copyright © 2010 Deloitte Development LLC. All rights reserved.
70
ARTICLE TITLE
Deloitte Review
d E L o I T T E R E v I E w. C o m
p o s T m E R g E R I n T E g R AT I o n
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Post Merger Integration: Hard Data, Hard Truths
BY Johannes Gerds and FreddY strottmann with Pakshalika JaYaPrakash > illustration BY vince mcindoe The numbers don’t lie. Many top corporate managers are faced with the challenge of a post merger integration (PMI) at least once in their career. And empirical studies indicate that one of every two PMI efforts fares poorly.1 These statistics are particularly telling given that mergers and acquisitions have
|
2 010
Complimentary article reprint
Post Merger integration: Hard Data, Hard Truths
By johanneS gerdS and freddy Strottmann with PakShalika jayaPrakaSh > illuStration By VinCe mCindoe
This publication contains general information only, and none of Deloitte Touche Tohmatsu, its member firms, or its and their affiliates are, by means of this publication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services. This publication is not a substitute for such professional advice or services, nor should it be used as a basis for any decision or action that may affect your finances or your business. Before making any decision or taking any action that may affect your finances or your business, you should consult a qualified professional adviser. None of Deloitte Touche Tohmatsu, its member firms, or its and their respective affiliates shall be responsible for any loss whatsoever sustained by any person who relies on this publication. About Deloitte Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu and its member firms. Copyright © 2010 Deloitte Development LLC. All rights reserved.
70
ARTICLE TITLE
Deloitte Review
d E L o I T T E R E v I E w. C o m
p o s T m E R g E R I n T E g R AT I o n
71
$
Post Merger Integration: Hard Data, Hard Truths
BY Johannes Gerds and FreddY strottmann with Pakshalika JaYaPrakash > illustration BY vince mcindoe The numbers don’t lie. Many top corporate managers are faced with the challenge of a post merger integration (PMI) at least once in their career. And empirical studies indicate that one of every two PMI efforts fares poorly.1 These statistics are particularly telling given that mergers and acquisitions have