3. Acquisition Process

christian.mogste
Mind Map by christian.mogste, updated more than 1 year ago
christian.mogste
Created by christian.mogste over 5 years ago
10
1

Description

Masters Degree M&A Mind Map on 3. Acquisition Process, created by christian.mogste on 03/31/2016.

Resource summary

3. Acquisition Process
  1. M&A process
    1. Business plan
      1. Acquisition plan

        Annotations:

        • - Quantifiable and businessplan supportive
        1. Search
          1. Screen
            1. First contact
              1. Negotiation
                1. Integration plan
                  1. Closing
                    1. Integration
                      1. Evaluation
                        1. Differ from expectation
                          1. Corrective actions
                            1. Learn from mistakes
                              1. Steady becnhmark
                        2. Communication plans

                          Annotations:

                          • - Employees - Costumers - Suppliers - Investors - Communities
                          1. Employee retention
                            1. Cash flow issues
                              1. Culutral issues

                                Annotations:

                                • Size Industry Geography
                                1. Shared goals, shared standards, shared services
                        3. Consent

                          Annotations:

                          • From all parties
                          1. Definite agreement
                            1. Price
                              1. Allocation

                                Annotations:

                                • Tangible assets
                                1. Assumption of liabilites
                                  1. Peps and warranties
                                    1. Covenants
                                      1. Closing conditions
                                        1. Indemnification
                                          1. How employe will be paid
                        4. Determine events to realise synergies
                          1. Rapid integration reach synergies sooner
                            1. Minimize emplyee turnover and customer reduction
                              1. Emperical findings: Lose 5 -10 % of costumers
                          2. Integrating mechanism
                            1. Team work
                              1. Parties to alliance in resource
                                1. Consensus decision making
                              2. Include management
                              3. Final pruch. price
                                1. Refining valuation
                                  1. Deal structuring
                                    1. Due dilligence
                                      1. Financing plan
                                        1. Negotiations on covenants, and how borrowd funds are used
                                          1. Obtaining bridge financing
                                            1. Conducting road show
                                        2. Validate valuation assumption,
                                          1. Identify value creation/destroyers
                                          2. Buyer, seller, lenders
                                  2. Objective

                                    Annotations:

                                    • - Relationship and trust if time allows
                                    1. Direct intermediate
                                      1. Strategy

                                        Annotations:

                                        • - Size - Public or private - Time
                                        1. Preliminary legal document

                                          Annotations:

                                          • - Confidentiality: Mutual Binding - Term sheet: Range price, no-shop privision (seller dont go to other parties), - LOI: Major terms and conditions, Protective provisions,        -- Not always wanted        -- May delay the process
                                  3. Increase selection criteria
                                    1. Market share
                                      1. Profitability
                                        1. Degree of leverage
                                  4. Primary selection criteria
                                    1. Strategy
                                  5. Timetable
                                    1. Resource capacity
                                      1. Management preference
                                        1. Search plan
                                          1. Negotiation strategy
                                            1. Initial offer
                                              1. Financing plan
                                                1. Integration
                                  6. External

                                    Annotations:

                                    • - Five forces: Costumers, suppleirs, current competors, potential competitors, and product substitutes.
                                    1. Internal

                                      Annotations:

                                      • - Compared with other firms
                                      1. Vision
                                        1. Objectives
                                          1. Business strategy

                                            Annotations:

                                            • Price cost leadership Product differentiation Focus or niche Hybrid
                                            1. Implmentation Strategy

                                              Annotations:

                                              • Linking to acquisition plan
                                Show full summary Hide full summary

                                Similar

                                Comparables Analysis
                                Tri Lam
                                Essay Writing: My Essay Plan
                                Andrea Leyden
                                Biology Revision - Y10 Mock
                                Tom Mitchell
                                B3- Science. Cells, Genes and Enzymes.
                                MissChurro
                                AS Chemistry - Enthalpy Changes
                                Sarah H-V
                                Mapa Conceptual de Liderazgo
                                gabbi.mendoza
                                AS Media Studies Terminology
                                Mourad
                                French Revolution quiz
                                Sarah Egan
                                2PR101 1.test - 8. část
                                Nikola Truong
                                Repaso prueba Revalida Enfermeria 2016 Parte:2
                                Rodrigo Lopez
                                Specific topic 7.6 Timber (processes)
                                T Andrews