Mergers and Acquisitions
There may come a time when your business strategy is best achieved by forming an association with another organisation.
If the intention of your business is to expand, you have the choice of growing organically over an extended period of time or if you have the appetite to develop new business, with new skills, in new sectors with increased opportunities, then this ambition can be realised more quickly via a merger or acquisition.
Finding a suitable company to buy or partner to merge with can be like trying to find a needle in a haystack. As specialists in M&A within the design and construction field, we at Evolution are sensitive to the differing cultures that exist and the breadth of companies that inhabit this unique market.
Cultural fit is a crucial element of our four-stage process. So many times, a merger or acquisition fails because key people leave as a result of poor communication and a focus simply on money and ownership. The unique value of an organisation lies in the mix of people and their talents. If these walk away, you have formed an alliance with an entirely different organisation. Our experience shows that a cultural audit during the M&A process enables us to highlight any potential areas of mis-match and gives us the opportunity to manage the change process.
We structure our service into a four-stage process:
1. We need to find out what makes you tick as an organisation and your specific intentions behind the desire to expand. We work with you to develop a corporate profile which acts as our primary tool in this exercise.
2. Our team of trained researchers use their experience and expertise to seek out a list of suitable candidate companies according to your specification. Information both within and without the public domain is gathered to form as broad a profile of information as possible to enable you to make an informed decision.
3. After initial confidential meetings and exchange of information, Evolution carries out a tailored cultural audit on your first choice of partner. This is the key element to our service and ensures that the human aspects of the potential relationship are fully considered.
4. Financial terms and conditions are determined with the agreement of both parties. You can begin to realise your expansion goals!
We have found that this process results in the formation of more successful and long-lasting inter-company relationships. Getting the process right in the first place gains you long term value.