Managing M&A Integrations
A guide for investment and wealth managers
The integration journey to deliver targeted value creation is exciting yet difficult if underestimated—as many investment and wealth managers keep learning, to their, and their shareholders’, cost.
Strategy shapes approach.
Transaction value drivers should determine both the overall approach and which elements of the businesses should be integrated. For example, the industrial logic of a domestic investment management deal between propositionally similar firms, focused on creating cost synergies in operations and de-duplicating front-office capabilities, will drive different integration priorities to, say, a cross-border transaction between geographically or propositionally diverse firms, where revenue synergies through distribution are of greater delivery importance.
Performance magazine issue 30, September 2019
Performance is a triannual digest, dedicated to investment management professionals, which brings you the latest articles, news and market developments from Deloitte’s professionals and clients.