This website uses cookies to enable essential functions like the user login and sessions. We also use cookies and third-party tools to improve your surfing experience on preplounge.com. You can choose to activate only essential cookies or all cookies. You can always change your preference in the cookie and privacy settings. This link can also be found in the footer of the site. If you need more information, please visit our privacy policy.
Data processing in the USA: By clicking on "I accept", you also consent, in accordance with article 49 paragraph 1 sentence 1 lit. GDPR, to your data being processed in the USA (by Google LLC, Facebook Inc., LinkedIn Inc., Stripe, Paypal).
I have accepted an offer for Strategy&'s M&A strategy team starting in April. I really want to hit the ground running in the new role but am unsure how to best prepare.
Any guidance would be really appreciated including any specific resources or books with may be beneficial.
Thanks in advance.
Hi guys,
I have accepted an offer for Strategy&'s M&A strategy team starting in April. I really want to hit the ground running in the new role but am unsure how to best prepare.
Any guidance would be really appreciated including any specific resources or books with may be beneficial.
Post-merger integration: culture, communications, organization structure, operations, business processes
I would suggest to read the materials below to be best prepared:
Valuation: Measuring and Managing the Value of Companies - Tim Koller, Marc Goedhart, and David Wessels (McKinsey & Company)
Mergers & Acquisitions from A to Z: Strategic and Practical Guidance for Buyers and Sellers - by Andrew J. Sherman
Perspectives on Merger Integration (McKinsey & Company) -https://www.mckinsey.com/client_service/organization/latest_thinking/~/media/1002A11EEA4045899124B917EAC7404C.ashx
The Art of M&A: A Merger Acquisition Buyout Guide - by Stanley Foster Reed, Alexandra Lajoux, and H. Peter Nesvold
The Brave New World of M&A: How to Create Value from Mergers and Acquisitons (BCG)
https://www.bcg.com/documents/file15069.pdf
Buyout: The insider's Guide to Buying your Own Company - by Rick Rickertsen
M&A in Disruption: 2018 in Review - Using M&A to ride the tide of disruption (Bain & Company)
https://www.bain.com/contentassets/fe0330765f7f478091d189867a614780/bain-report-manda_in_disruption_2018_in_review.pdf
Investment Banking: Valuation, Leveraged Buyouts, and Mergers and Acquisitions - by Joshua Rosenbaum and Joshua Pearl
Hope it helps and all the best!
Kind regards,
Nathan
Hello there,
Congratulations for accepting the new role!
It would be useful to familiarize yourself with the following elements of M&A:
Due diligence: financial, operational, commercial, etc
Post-merger integration: culture, communications, organization structure, operations, business processes
I would suggest to read the materials below to be best prepared:
Valuation: Measuring and Managing the Value of Companies - Tim Koller, Marc Goedhart, and David Wessels (McKinsey & Company)
Mergers & Acquisitions from A to Z: Strategic and Practical Guidance for Buyers and Sellers - by Andrew J. Sherman
Perspectives on Merger Integration (McKinsey & Company) -https://www.mckinsey.com/client_service/organization/latest_thinking/~/media/1002A11EEA4045899124B917EAC7404C.ashx
The Art of M&A: A Merger Acquisition Buyout Guide - by Stanley Foster Reed, Alexandra Lajoux, and H. Peter Nesvold
The Brave New World of M&A: How to Create Value from Mergers and Acquisitons (BCG)
https://www.bcg.com/documents/file15069.pdf
Buyout: The insider's Guide to Buying your Own Company - by Rick Rickertsen
M&A in Disruption: 2018 in Review - Using M&A to ride the tide of disruption (Bain & Company)
https://www.bain.com/contentassets/fe0330765f7f478091d189867a614780/bain-report-manda_in_disruption_2018_in_review.pdf
Investment Banking: Valuation, Leveraged Buyouts, and Mergers and Acquisitions - by Joshua Rosenbaum and Joshua Pearl
Mergers & Acquisitions are often the answer to broader problems introduced in your Case interviews. Analyze feasibility, assets, target and industry to crack the Merger & Acquisition case
Opportunity costs are an economic concept to quantify benefits of (discarded) alternatives. They measure the lost benefits that occur if you choose the best alternative instead of the second best one.
In a competitive response case study, your job is either to analyze what your client should do in response to a move performed by a major competitor or to anticipate what competitors will do in response to a move performed by the client
Investments or single business cases need to be evaluated based on a certain set of criteria. Since financial performance is the key criterion in most cases you need to have an idea about future financial impacts. A key tool to asses this impact is the cost-benefit analysis which is used to determine the net effect of potential revenues and costs.
General Holding Our client is a French holding company with annual revenues of about €1 billion.
Their portfolio consists of different companies that are mostly in manufacturing industries such as the oil & gas industry and the automotive industry.They do not have a specific investment focus. They prefer to buy the best companies available that are also related to their existing businesses.
They are thinking about acquiring an auto parts dealer, OTOpart, and want to know whether you think it is a good idea.
Our client is a French holding company with annual revenues of about €1 billion.
Their portfolio consists of different companies that are mostly in manufacturing industries such as the oil & gas industry and the automotive industry.They do not have a specific investment focus. They prefer to ... Open whole case
Chip equityOur client is an electronics holding called Chip’n’Chip.
They want to invest in a Printed Circuit Board (PCB) manufacturer called OnBoard, and asked you whether it’s going to be a good investment.
How would you help them?
Our client is an electronics holding called Chip’n’Chip.
They want to invest in a Printed Circuit Board (PCB) manufacturer called OnBoard, and asked you whether it’s going to be a good investment.
How would you help them?
Open whole case
Paper PrintA printing company is planning to take over another printing company with similar technology and printing machines. The candidate is supposed to evaluate the acquisition by answering a line of questions that are presented in the “suggested approach” section.
A printing company is planning to take over another printing company with similar technology and printing machines. The candidate is supposed to evaluate the acquisition by answering a line of questions that are presented in the “suggested approach” section.
Open whole case
SuperBurgerOur client is SuperBurger, a fast food chain that operates in the same class as McDonalds, Wendy's, Burger King and so on. They're the fourth largest fast food chain worldwide in terms of number of stores in operations. SuperBurger owns some of its stores, but 85% of its stores are owned by franchisees. As part of its growth strategy, the company has analyzed some potential acquisition targets including Tasty Donuts which is a growing doughnut producer active in the US and internationally.
The client asked us to help him decide whether he should acquire the company or not.
Our client is SuperBurger, a fast food chain that operates in the same class as McDonalds, Wendy's, Burger King and so on. They're the fourth largest fast food chain worldwide in terms of number of stores in operations. SuperBurger owns some of its stores, but 85% of its stores are owned by franchis ... Open whole case
REA ReinsuranceYour client, REA, is a reinsurance company.
REA recently acquired another reinsurance company (approximatively same size): the choice of this company was notably based on its product portfolio as well as its market presence which appeared complement with REA.
However, the acquisition is not well received by the market. The acquisition price is considered too high and the transaction has not been well graded. REA management asks you to evaluate the transaction.
Your client, REA, is a reinsurance company.
REA recently acquired another reinsurance company (approximatively same size): the choice of this company was notably based on its product portfolio as well as its market presence which appeared complement with REA.
However, the acquisition is not well r ... Open whole case