How to Avoid the Killer Acquisition
The odds of successful acquisitions are dismal. A Federal Trade Commission paper says 50% of deals for companies large and small are not successful. This is troubling news for mid-sized firms, which can’t afford the losses of a bad deal as easily as a Forbes Global 2000 company can. In fact, it’s especially troubling because many mid-market CEOs assume they merely need to avoid acquiring sizable companies and opt for small, “bolt-on” firms instead. I wish it were that simple. But it isn’t.