Mergers, Acquisitions and Turnarounds
“The Market is now demanding that advisers ensure delivery of plans” - Taylor Dewar, Ernst and Young Leeds, reports on M&A and turnaround trends
“Gone are the days of merely providing advice and walking away,” says Taylor Dewar, a restructuring director at Ernst & Young. “The M&A and Turnarounds market is now demanding that advisers provide hands on assistance to ensure the delivery of plans “. This includes organisational and operational strengthening to ensure merged or turnaround businesses are established on a sound footing. “Business stakeholders are calling in proactive advice at an earlier stage”, reported Dewar. This provides valued assistance with due diligence, transition planning and post-merger / deal integration.
With an increase in the number of restructuring and funding options available and the burgeoning M&A market, a more creative approach from skilled advisors is needed to support this new era. It particularly presents a positive time for businesses that, through both organisational and financial advice, now have a greater chance of surviving difficult times.
