Acquisition Tag

Bellrock - "the leading light in facilities management and property services" - have recently completed a series of acquisitions, ably assisted by BTD's input and comprehensive end to end toolkit. David Smith, CEO of Bellrock, said: BTD injected a sense of pace and professionalism to our latest...

I recently attended an M&A Integration conference in Europe, and was struck by how many presenters mentioned a reluctance to act quickly and decisively in the first 30-100 days post deal completion, to establish the desired culture, operating model and supporting systems in their target...

[caption id="attachment_257" align="alignleft" width="150"]Good v bad acquisitions Honeywell - serial acquirer?[/caption] An interesting piece caught my eye: it's about Honeywell's approach to acquisition (read it here). They are evaluating about 100 potential acquisition targets and one of their criteria is how easy they will be to integrate. Businesses that undergo multiple acquisitions are often called ‘serial acquirers’, which has both good and bad connotations.   Good, in that if done properly it can be a strategic deployment of capital in order to obtain capability, market reach and process performance that all enhance value and shareholder confidence. Definitely not to be sneezed at.  Getting it wrong, on the other hand, can lead to a destruction of all this and the CEO’s career to boot.