Mergers and Acquisitions Basics: The Key Steps of Acquisitions, Divestitures, and Investments - Hardcover

by Michael E. S. Frankel (Author), Larry H. Forman (Author)

The essential executive M&A primer, with practical tools and expert insight

Mergers and Acquisitions Basics provides complete guidance on the M&A process, with in-depth analysis, expert insight, and practical tools for success. This new second edition has been updated to reflect the current M&A landscape, giving busy executives the ideal resource for navigating each step in the process. Veteran executives relate guidelines, lessons learned, and mistakes to avoid as they explain how M&As work, identify the major players, and describe the roles involved in a successful transaction. Both buyer and seller must consider a broad range of factors, and this essential guide provides checklists, forms, sample reports, and presentations to help you avoid surprises and ensure your organization's full preparation for the deal. Equity investments, valuation, negotiation, integration, legal aspects, and more are explained in detail to provide a foundational primer for anyone seeking to clarify their role in the process.

Mergers and acquisitions are becoming ever more critical to the growth of large and mid-sized companies. This book balances depth and breadth to provide a one-stop guide to maximizing the financial and operational value of the deal.

• Identify key drivers of purchase or sale
• Understand major roles, processes, and practices
• Avoid valuation detractors and negotiate effectively
• Overcome common challenges to successful integration

Effective M&As are highly strategic, solidly structured, and beneficial on both sides. It's a complex process with many variables, many roles, and many potential pitfalls, but navigating the deal successfully can mean the difference between growth and stagnation. Mergers and Acquisitions Basics is the comprehensive resource every executive needs to understand the ins-and-outs of strategic transactions.

Front Jacket

Praise for Mergers and Acquisitions Basics Second Edition

"Mergers and Acquisitions Basics is the book that I wish had been available when I was a young corporate lawyer. The authors successfully distill decades of experience, providing a comprehensive roadmap to all the critical elements, players, and parts of a deal. This book tells you all that you ever wanted to know about deal making but never dared to ask. There are lessons to be learned in here for novices and experts alike. It should be required reading for anyone, at any level, who wants to have complex M&A concepts explained by an expert in a clear, crisp, and actionable manner."
--Bjarne P. Tellmann, General Counsel and Chief Legal Officer, Pearson PLC

"Mergers and Acquisitions Basics is a complete perspective of everyone and everything in a strategic transaction process. Consider it required reading for any aspiring M&A professional and anyone in the business world that may experience the buying or selling of a business. The authors have thought of everything and written the playbook on how to do it right."
--Justin Goldman, Vice President, Corporate Development, MediaMath

Go from Lost to M&A Boss with This Updated Executive Primer

Mergers and Acquisitions Basics is the complete, cornerstone guide to mergers and acquisitions trusted by CEOs, CFOs, finance executives, and other business leaders for over a decade. Now, this brand-new Second Edition updates all the in-depth analysis, expert insight, and practical tools for success and provides an expanded depth of coverage from new coauthor and growth expert Larry Forman. With the thoroughness of a foundational primer and the streamlined accessibility of a versatile handbook, this definitive framework unlocks the key building blocks of a deal, from auctions and due diligence to valuation and the closing. Make this convenient tool part of your strategic skillset to:

• Understand why a company should buy or sell
• Nail the essential guidelines and key steps involved in an M&A your very first time
• Anticipate the key events, potential hazards, and strategic maneuvers buyers and sellers may face

Mergers and Acquisitions Basics, Second Edition is your key to using these powerful strategic transactions as a business option for growth and calculated change.

Back Jacket

Large and mid-sized companies looking to avoid stagnation by growing and expanding need to execute effective mergers and acquisitions (M&A) deals with sophisticated strategies, solid structures, and beneficial outcomes for everyone involved. Mergers and Acquisitions Basics, Second Edition, is the up-to-date, dependable road map for navigating all the variables, roles, complexities, and potential pitfalls of this essential business transaction.

Executives and managers who want to stay competitive and become the major players driving the evolution of their organizations need to have a firm grasp on all the ins-and-outs of M&A. With this comprehensive resource, you have all the solutions and practical guidance you need to understand the particulars of the transaction and your role in it, including new insights on international M&A. Its accessible coverage also makes it an invaluable reference for novice investment bankers, lawyers, and consultants who need to establish a fundamental understanding of M&A to build on while pursuing a deeper expertise and specialty. Regardless of your role in M&A, keep this book at your fingertips for its ready-to-use checklists, forms, sample reports, and presentations to ensure you cover all the angles while streamlining every step in the process. Lead author and veteran executive Michael Frankel is joined by Larry Forman, who adds his talents for accelerating company growth, entering new markets, and creating sustainable value. Walk into any M&A deal with confidence and conviction knowing you have the skillset to:

• Identify and analyze the critical pros and cons of purchasing or selling a company
• Employ a practical fluency of the major players, their roles, and the intricate procedures of M&A
• Negotiate the most value and best terms for your deal, regardless of who is across the table

Get to the heart of this strategic transaction and make it work for you in the real world with Mergers and Acquisitions Basics, Second Edition .

Author Biography

MICHAEL E. S. FRANKEL is managing director and head of the Deloitte New-venture Accelerator at Deloitte. He is the author of Mergers and Acquisitions Deal-Makers, Second Edition and Mergers and Acquisitions Basics.

LARRY H. FORMAN is Senior Manager of the Deloitte New-venture Accelerator at Deloitte.