Mergers and Acquisitions: Lessons from M&A anlysis since 1967

Nick Milner, Milner’s Managing Director has undertaken a review of literature on mergers since 1967 from academic and consultancy sources to determine what makes mergers a success or failure.

The emphasis in this report is on what makes mergers work (in the post acquisition phase) and includes the relevant literature on mergers, acquisitions and JVs.

In the “depression” year of 2009, the top 10 M&A deals all exceeded $1billion in value (Brodkin (2009)). So it seems timely to investigate what must be done to ensure these deals deliver the benefits expected.

The report shows that there are recurring issues which are key to improving the likelihood of success in a merger.

Please download the white paper (PDF format).