Loading...

Due Diligence: An M&A Value Creation Approach

Share Icon

ISBN: 978-0-470-50278-5

June 2009

304 pages

Description

Due Diligence
An M&A Value Creation Approach

In today's uncertain economic climate, determining the potential for a prospective merger or acquisition to create shareholder value, and then delivering on that promise, is more critical than ever.

In one comprehensive volume, Due Diligence offers a synthesis of practical guidance that spans the entire acquisition process from strategic planning, candidate pursuit, target evaluation, contract negotiation, through post-acquisition integration. Written by William Gole and Paul Hilger—recognized experts in the field of M&A—this important resource outlines a proven approach to performing due diligence with an eye toward optimizing shareholder value.

The authors emphasize a broad approach to merger and acquisition due diligence and focus on points throughout the entire transaction when a deal presents either downside risk or an opportunity to create value. Offering a step-by-step approach to the due diligence process, Gole and Hilger emphasize the following principles:

  • Holistic Due Diligence: A cross-transactional perspective of risks and opportunities that spans the entire process
  • Sound Strategic Framework: A disciplined growth strategy that guides the search for suitable acquisition targets
  • Purposeful Behavior: Alignment of the acquirer's actions before, during, and following the close of the transaction with its value creation and risk mitigation objectives
  • Explicit Planning to Create Value: An investor mind-set that focuses on the creation of value for the acquirer

Any CFO, CEO, controller, director of finance, or business manager involved in a merger or acquisition will find this book to be a timely guide for ensuring productive results.

About the Author

WILLIAM J. GOLE, MBA, CPA, is the former Senior Vice President, Planning and Business Development, with Thomson Healthcare, a division of Thomson Reuters, where he was responsible for strategic planning and acquisition and divestiture activity.

PAUL J. HILGER, CPA, is the former Executive Vice President and Chief Financial Officer of Thomson Healthcare. He has over twenty-five years of financial leadership experience, and has led numerous acquisitions and divestitures from planning through integration.