Hi Becky,
We have acquired past companies to expand our services with either a new technology or platform. To me, its a LOT more involved than just acquiring headcount and integrating cultures, now we're having to update our entire company identity with this new offering - that impacts more than just the acquired team and the one integrating them! We have to update everything from our company site, educate our entire employee base on what this is, what it does, and how it impacts them, etc.
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Dawn Feltner
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Original Message:
Sent: 2024-04-16 08:53
From: Rebecca Mox-Persak
Subject: M&A in order to reinvent business?
Hi Leslie,
The two most common M&A strategies in acquisitions over the past few years have been to buy versus build and gaining or expanding geographic presence. I'd be interested to hear from others how common and in what industries people are seeing reinvention of business as their drivers.
Becky
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Becky Persak
Aon
Head of M&A - Leadership, Culture & Change
Original Message:
Sent: 2024-04-12 12:56
From: Leslie Ellis
Subject: M&A in order to reinvent business?
Hi!
I am curious how many have been involved in M&A where part of the outcome of the M&A activity was actually to reinvent part of the business to stay relevant versus just expand their footprint or other requests.
Anyone? What are the most common 'cases' for why your company or companies you support are doing M&A today?
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Leslie Ellis
leslie@meaningfulchangeconsulting.com
Founder & CEO
Meaningful Change Consulting, LLC
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